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From the CNN Center in Atlanta, I'm Nicole Lapin. Here is a look at what's happening NOW IN THE NEWS.

Illinois Governor Rod Blagojevich is back on the job while he is out on bail¹. Blagojevich is at his office in Chicago a day after his arrest on federal corruption² charges. Prosecutors⁴ say Blagojevich was trying to sell President-elect Barack Obama's now vacant Senate seat to the highest bidder⁵. The President-elect says it's time for Blagojevich to go.

And there may be a vote as early as this afternoon actually on a government bailout for the Detroit auto⁶ makers⁷. They could receive emergency loans next week if all sides agree on conditions. The federal government plans to appoint someone now to supervise just how the auto makers restructure their businesses.

Another side of the, another side-effect, I should say, of the slumping⁸ economy, KODAK is freezing management salaries and will stop matching employees 401k contributions at a process to freeze executive pay for the 2009 year. This comes after several years of downsizing as KODAK adjusted its focus from the 35 millimeter film over to digital. Yesterday, KODAK's stock was down 67%.

Convicted murder Brian Nichols may find out today if he receives the death sentence or not. A second day of deliberations on his sentence continues in Atlanta. Nichols of course was found guilty last month in a March, 2005 killing⁹ spree that started at a downtown Atlanta court house. Nichols confessed to the four murders but claimed he was legally insane. A prosecutor³ in the case is calling for the death sentence, saying that Nichols is extremely, extremely dangerous.

The United Nations has now updated the death toll¹⁰ in Zimbabwe. It says that nearly 800 people have died and more than 15, 000 have been infected in a recent cholera¹¹ outbreak in the country. In all, the UN estimates that the number of cholera cases is nearly 16, 000 since just August.

This year's Nobel Peace Prize was given away in Norway this morning. It went to a former Finnish President Martti Ahtisaari. Now he helped negotiate the peace deal between Indonesia and the anti-government rebels. Among other things Ahtisaari is calling on President-elect Barack Obama to give high priority to the Middle East conflict in the first year in office.

Those are your headlines at this hour. For more on those stories and other news of the day. CNN is always your source on line, on TV or on your cellphone.