Colorado, Washington legalize recreational marijuana use – Voters in Washington and Colorado passed ballot initiatives Tuesday for marijuana use. The initiative has been named the biggest victory for the marijuana legalization movement. CNN

Dems keep Senate, leaders urge working toward solutions – Democrats retain control of the Senate after the Tuesday night election with a larger Senate majority. The Republicans maintain majority in the House of Representatives. CNN

In somber concession speech, Romney says ‘our principles endure’ – Republican Mitt Romney conceded the presidential race in a speech Tuesday night. Romney complimented Obama on a hard-fougt win and urged bipartisan work to ease the gridlock in Washington. The Los Angeles Times

Florida Vote 2012: U.S. Election Over But Final Florida Results Still Not In – Early Wednesday results were still unclear on whether the president won Florida’s electoral votes. The election was too close to call last night, but shows Obama ahead by a small margin. The Huffington Post

Obama, fresh from re-election, has little time to savor win – With a re-election win, President Barack Obama is back from the campaign trail and is now facing urgent economic and fiscal issues. Obama defeated challenger Mitt Romney last night in the presidential race. Reuters