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Reuters - Mobile phone calls distract drivers far more than even the chattiest passenger, causing drivers to follow too closely and miss exits, U.S. researchers reported on Monday.

AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

AP - President-elect Barack Obama is filling his Cabinet at record speed, choosing loyal friends and one-time foes to guide his wartime foreign policy decisions.