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.

Report predicts U.S. decline, Russia rise

Global warming could be a boon to Russia while the U.S. could further decline in importance during the next two decades, says a U.S. intelligence report with predictions for the world in 2025.

Bush signs bill providing extra jobless benefits
President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.

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.

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.

Hundreds wait at stores for BlackBerry Storm

Hundreds of people lined up at Verizon Wireless stores on Friday to buy the BlackBerry Storm, the first touch-screen phone from Research In Motion that aims to compete with Apple's iPhone.

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.

NBC: Obama to nominate Clinton for State

Transition and Democratic officials say the  junior senator from New York will be nominated for secretary of state sometime after Thanksgiving, barring unforeseen issues.

Sexism award goes to 'ugly ducklings' mayor
An Australian outback mayor's plea for lovelorn female "ugly ducklings" to move to a remote mining town to reverse a shortage of eligible women has won him the country's yearly award for outrageous sexism.