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Yahoo! News: Business
Updated : Sat, 22 Nov 2008 05:02:16 GMT
Wal-Mart names Duke to succeed Scott as CEO (AP)
AP - Wal-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.
Publ.Date: Sat, 22 Nov 2008 00:18:17 GMT
Source: Yahoo.com
Wall St Week Ahead: Stocks eye Citigroup, Geithner's next moves (Reuters)
Reuters - Wall Street faces stiff headwinds in the week ahead, the fate of Citigroup largest among them, that stand in the way of building on Friday's big rally and preventing November from winding up as one of the worst months for stocks on record.
Publ.Date: Sat, 22 Nov 2008 00:05:19 GMT
Source: Yahoo.com
London stocks down 2.4% (AFP)
AFP - London shares were in the backfoot again Friday after a dire manufacturing report compounded fears that a deep and prolonged recession is ever more likely.
Publ.Date: Fri, 21 Nov 2008 18:03:13 GMT
Source: Yahoo.com
General Motors board weighs bankruptcy option: report (Reuters)
Reuters - The board of directors of embattled U.S. automaker General Motors Corp is considering "all options" including bankruptcy, according to a report on the Wall Street Journal's website late on Friday.
Publ.Date: Sat, 22 Nov 2008 05:02:16 GMT
Source: Yahoo.com
Citigroup talking to U.S. government as shares dive: source (Reuters)
Reuters - Citigroup Inc has begun talks with the U.S. government as its plummeting share price raises doubts about the bank's ability to survive, a person familiar with the matter said.
Publ.Date: Sat, 22 Nov 2008 03:37:22 GMT
Source: Yahoo.com
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