Stocks jump on Geithner speculation
Wall Street got a boost of confidence following a report that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary.
Spiders get their space legs — all eight of them
Two plucky spiders on the international space station have bounced back from a tangled false start to weave amazing new webs in zero gravity, astronauts said Friday.
Madonna, Ritchie granted divorce
The show-business marriage that began in a Scottish castle came to an end in a drab London courtroom Friday as Madonna and Guy Ritchie were granted a preliminary decree of divorce.
GM plans more cuts, eyes up to 10 factories
General 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.
Mexico: Ex-drug czar took cartel money
Mexico's former drug czar took $450,000 to leak information to a powerful cartel, officials said Friday.
Islamists: We'll fight Somali pirates
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.
Obama team springs leaks
Barack Obama was famously able to impose discipline and control over his presidential campaign, but it didn't take long for him to discover that running a transition is something quite different.
WaMu, BNY Mellon latest banks to shed jobs
The Bank of New York Mellon Corp. and Washington Mutual on Friday became the latest in a string of banks to announce layoffs.
Leftist Sandinistas win Nicaragua vote
Nicaragua's ruling Sandinista party won the large majority of municipal races, including the capital Managua, in local elections that have sparked violent clashes and allegations of fraud.
Citigroup's options dwindle; shares plunge
Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company.