Sen. Allen concedes defeat in Virginia (AP)

ALEXANDRIA, Va. - Republican Sen. George Allen ( news , bio , voting record ) gracefully conceded defeat Thursday after a bruising battle against Democrat Jim Webb, sealing the Democrats' control of Congress and the political downfall of a man once considered a White House contender. Allen said the "owners of government have spoken and I respect their decision." "The Bible teaches us there is a time and place for everything, and today I called and congratulated Jim Webb and his team for their victory ...