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Delta and Northwest's merger would create the world's largest airline in terms of traffic. But there is still a lot to be worked out. Regulators and shareholders need to be convinced. And Northwest's pilots union is saying it will do everything it can to block the deal.

The Federal Reserve slashed the federal funds rate, charged on overnight loans between banks, by one-half a percentage point to 4.75 percent. Wall Street investors were happy. But for average people, the cut doesn't translate into that much money in their pockets.

Doctors in Boston say Sen. Ted Kennedy has a malignant brain tumor, the apparent cause of the seizure he suffered on Saturday. Kennedy has been resting at Boston's Massachusetts General Hospital since suffering the seizure at his Cape Cod home.

Now that the Democratic presidential nominating contests are over, Barack Obama says he is the presumptive nominee. Hillary Clinton has not pulled out of the race, though. Strategist Mark Mellman, a Democrat, says there's no doubt the race is over, but Republican Tucker Eskew says Obama needs Clinton's support.

Work continues on Capitol Hill to overhaul the nation's health care system. A Senate committee on Wednesday became the first panel to complete work on a health bill. Meanwhile, three House committees launch their formal drafting sessions Thursday.

Comcast Corp., the nation's largest cable service provider, announced Wednesday that earnings were up. The company says it lost some basic cable subscribers, but that the decline was offset by new digital subscribers. One non-profit group is urging Congress to investigate whether Comcast and other cable companies are trying to profit from the upcoming transition from analog broadcast TV to digital.

Most rap fans would name RZA as the head of the Wu-Tang Clan. But Wu purists know that GZA, or The Genius, is the crew's unspoken elder statesman.

Iraq expelled Sweden's ambassador and recalled its diplomat from Sweden, hours after protesters attacked the Swedish Embassy in Baghdad, setting fire to part of the building.

A Vietnamese woman looks as if she's swimming in a sea of green fire — one of many striking images from the Siena International Photo Awards.

Just 48 hours after the Republican midterm victory, conservatives were debating whether it's better to try to change the law in the next Congress or lay the groundwork for 2012 when they could pursue a takeover of the Senate and White House.