Here are some of the contenders for today's biggest...news...of...the...day...

• People's Banks of China slashed its lending and borrowing rates...
• Earnings from Deere & Co. (DE)...
• Earnings from Tiffany & Co. (TIF)...
• FDA rejected a new drug application for Johnson & Johnson (JNJ)...
• Fitch cut its rating on Toyota Motor (TM)...
• Porche warned that sales are like to fall sharply in first 4 months of its fiscal year
• BCE Inc. warns that it may not be able to go private...
• E-tailer could be facing a flat holiday shopping season...
• A Mexican billionaire increased his stake in Saks (SKS)..."
• Obama is expected to name Volcker to head new economy panel...
• LandAmerican files for Chapter 11 bankruptcy protection...
• Hard times hit as Apple (AAPL) puts Macs on sale...

While those are all stories worth watching, I think it is obviously clear that the biggest news is this set of stories -

• Is lobster the new turkey for Thanksgiving? - "A New England woman mounts a campaign to buoy struggling local fishermen."
• Accused drunk driver ends up running over himself - "A 21-year-old man was accused of driving drunk and leading police on a chase that finally ended with him running over himself. "
• Country faces Santa shortage - "Germany is running out of qualified Santa Clauses and needs to recruit and train them fast, a leading job agency says..."
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