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Automaker Toyota says it's recalling about 437,000 Priuses and other hybrid vehicles worldwide to fix brake problems. Toyota has now recalled more than 8.5 million cars worldwide because of various manufacturing defects.

The government's latest response to the financial crisis involves taking ownership stakes in financial institutions in order to get credit flowing through the economy again. Treasury Secretary Paulson said he didn't like government ownership of banks, but the alternatives, he said, were "totally unacceptable."

It's been 20 years since the legendary Indiana University men's basketball team won a national championship. Will new head coach Tom Crean be able to turn the tailspinning team around?

President Barack Obama and Treasury Secretary Tim Geithner have announced stricter rules on executive compensation at banks receiving "exceptional" levels of aid from the federal government. Some executives will have their annual salary capped at $500,000.

Film critic David Edelstein reviews The Class, the Oscar-nominated French film about a high school class in an impoverished Paris neighborhood.

The economy shrank at a pace of 3.8 percent in the final three months of last year, the worst performance in more than two decades. At the White House, President Barack Obama took note as he was launching a task force to focus on helping the middle class.

President Obama will soon have the chance to appoint a new justice to the U.S. Supreme Court. Justice David Souter is planning to retire at the end of the court's term.

A new translation of Carlo Collodi's 1881 classic Pinocchio reveals a puppet that's much darker than Walt Disney might have you believe. Critic-at-large John Powers has a review.

A Senate Judiciary subcommittee held a hearing Wednesday with a witness who warned the Bush administration against harsh interrogation techniques. Former FBI agent Ali Soufan interrogated Abu Zubaydah. He called the harsh methods ineffective.

President-elect Barack Obama is said to have chosen Chicago schools chief Arne Duncan to serve as education secretary. Duncan has run the country's third-biggest school district for the past seven years. He has focused on improving struggling schools, closing those that fail and getting better teachers.