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President Bush renews his vow to veto any spending bill for the war in Iraq that attempts to set a timetable for withdrawal of U.S. combat troops. Senate Majority Leader Harry Reid has said that if the timetable fails, he will move to cut off funding for the war by March 31 of next year.

Exit polls are showing Lee Myung-bak, a conservative former mayor of Seoul, winning South Korea's presidential election. Voters overlooked fraud allegations in hope that the former Hyundai CEO will revive the economy. Lee, of the Grand National Party, received 50.3 percent of the vote.

Passengers of the Ambassador Cruise Line had just arrived in the Faroe Islands when a group of small boats drove the whales to shallow water for killing, part of a long-standing local tradition.

The soaring price of oil is hitting the airline industry. American Airlines announced Wednesday that it would eliminate about 12 percent of its flights by the end of the year and added a $15 surcharge for each checked bag.

The U.S. House passed the rescue package, paving the way for the government to start buying up troubled assets from financial institutions caught on the wrong side of record home foreclosures. Brian Naylor discusses the new bill.

President-elect Barack Obama has named Mary Schapiro to head the Securities and Exchange Commission. In a news conference in Chicago, Obama said government regulators "had dropped the ball," leading to the financial meltdown.

In Fort Hood, Texas, investigators are collecting information about Thursday's deadly attack at a soldier processing center. Thirteen people were killed, 12 of them soldiers, and 30 were wounded when a gunman, identified as Army psychiatrist Maj. Nidal Malik Hasan, opened fire in the facility.

Allegations of fraud have marred Afghanistan's presidential election. Ronald Neumann, former U.S. ambassador to Afghanistan, says despite the allegations it is worth it for the White house to maintain support for Afghanistan.

Toyota President Akio Toyoda apologized Friday two weeks after reports of problems with gas pedals and floor mats led to the recall of more than 5 million vehicles. But Japan is very much in denial that its national icon is in turmoil.

The U.S. Transportation Department said Thursday it has received more than 100 complaints from owners of the 2010 Toyota Prius and has opened an investigation into possible brake problems with the model. That's more bad news for Toyota, which has recalled more than 5 million vehicles of various models to repair problems with sudden acceleration.