Citigroup eyeing options, including a merger

Citigroup Inc shares fell sharply again on Friday as the second-largest U.S. bank by assets mulled a variety of options to save itself, including a possible merger or asset sales.

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.

Bush to promote action plan to deal with crisis

Struggling to get ahead of a global financial crisis, the president hopes to win more converts at a summit in Peru for a plan aimed at showing governments have the will and means to halt the turmoil.

Stocks seesaw after steep sell-off
Wall 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.

China IDs 19,000 of quake dead

A little over a quarter of the 70,000 people who died in a massive earthquake that struck Sichuan in May have been identified, a Chinese official said Friday.

‘Twilight' in the eye of the beholder

Fans of the novel will swoon over the faithfulness of the screen adaptation; others will chuckle at the adolescent over-earnestness of it all.

Blast kills 8 mourners at Pakistani funeral

A blast killed at least six mourners Friday at the funeral of a Shiite cleric in northwest Pakistan who was gunned down hours earlier, police said.

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.

GM plans more cuts, eyes up to 10 factories
General 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.