Developing Thursday afternoon

Columbus, OH –

Stories include:

  • President-elect Barack Obama says recession could linger for years unless congress passes his economic stimulus plan - :36

  • Retailers, including Columbus-based Limited Brands and Sears Holdings, report dismal sales for December - 1:59

  • Pittsburgh-based PNC Financial Services has its credit rating cut by one notch due to concerns from recent acquisition National City - 2:38

  • General Motors chief executive Rick Wagoner says the automaker can remain viable long-term without cutting retired workers' benefits - 3:15