Two of Barack Obama’s goals — creating jobs and cutting waste — may collide in a decision over the F-22 fighter. Read more..

By CHRISTOPHER DREW - The New York Times

The airline industry is expected to have collective losses of $2.5 billion in 2009 thanks to a drop in fuel prices, according to a forecast from an airline trade association. Read more..

By CAROLINE BROTHERS - The New York Times

The world economy is on the brink of a rare global recession, the World Bank said, with world trade projected to fall for the first time since 1982. Read more..

By MARK LANDLER - The New York Times

In its pitch to Congress, the biotech industry will portray itself as a model of innovation. Read more..

By ANDREW POLLACK - The New York Times

Nearly all the foreign companies that build vehicles in the U.S. have said little publicly concerning whether their American rivals should get billions of dollars in aid. Read more..

By MICHELINE MAYNARD - The New York Times