Interior Dept. takes action after scandalThe Interior Department has taken disciplinary action against more than a half dozen workers who accepted lavish gifts, partied and in some cased engaged in sex with employees from the energy compa
Citigroup's options dwindle as shares under $4Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company.
Islamists say they'll fight Somali piratesA radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.
Stocks show moderate decline after sell-offWall Street sagged again Friday but took a break from the heavier selling of recent days as energy, utility and technology stocks showed some advances and bank stocks declined.
Citigroup stock slides below $4 a shareCitigroup Inc. shares extended their precipitous slide Friday, after an initial lift from a report that said the banking giant was considering a sale to rebuild investor confidence.
Wal-Mart names Duke to succeed Scott as CEOWal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.
AP sources: GM to announce more production cutsGeneral Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions.
Wal-Mart names Duke as next chief executiveWal-Mart Stores says Mike Duke, vice chairman of its international division, will replace Lee Scott as president and chief executive when he retires from those positions in February.
GM to extend holiday shutdown, will cut productionGeneral Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay solvent.
US gas prices dip below $2 as oil prices waverThe national average price for gasoline tumbled below $2 a gallon Friday, its lowest point in more than three years, yet the global economic contrast between then and now could not be more stark.
Delta to trim future US, international capacityNine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international c
GM to extend holiday shutdown, may cut productionGeneral Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay solvent.
Stocks show moderate advance after sell-offWall Street took a break from two days of steep selling to show a moderate advance Friday as energy, technology and financial stocks mostly rose.
Oil rises from 3-year low as stocks recoverAn early rebound in many stock markets supported oil prices Friday, with crude creeping off a 3-year low to trade above $50 a barrel, although gains were limited by continued fears of global recess
Stocks open higher after steep sell-offWall Street is experiencing some relief, with stocks opening sharply higher, following a report that a pounded-down Citigroup Inc. might put itself up for sale.
Robber apologizes during Vt. general store holdupA thief who robbed a general store apologized to the owner and left the singles behind so workers on the next shift would have something in the till.
For toilet-less Vermont library, a new chapterWhen you gotta go, you gotta go. But for decades, when you had to go in the Roxbury Free Library, you really had to go—somewhere else, that is.
Cell phone in man's chest pocket stops bulletA man says his cell phone saved his life. A stray .45-caliber bullet hit R.J. Richard's chest while he was mowing the lawn—hitting so hard he thought it was a stone kicked out by his tractor.
