Stocks end sharply lower on bleak jobs data
Stocks slumped Friday after the U.S. unemployment rate shot above 7 percent, signaling that Americans will be sticking to their tightened budgets for a while.
Citigroup director Robert Rubin resigns
Citigroup says board member Robert Rubin, the former U.S. Treasury secretary, has resigned as a senior adviser to the big financial services company.
Somali pirates free Saudi supertanker
Somali pirates freed a Saudi supertanker seized in the world's biggest ship hijacking for a $3 million ransom on Friday, an associate of the gang said.
At CES, progress a step at a time
The big debuts at the International Consumer Electronics Show aren't whiz-bang hardware systems. They're ideas designed to protect the environment and improve the technology consumers already use.
Jobless rate jumps to 7.2 percent
The Labor Department reported Friday that the jobless rate rose to 7.2 percent in December and payrolls dropped by 524,000 jobs.
Jobs outlook adds urgency to stimulus
Friday's employment report confirms an already bleak job market outlook. Analysts say that even if all goes well hiring probably won't pick up again until early 2010.
GM selling off its collectible cars
General Motors is cleaning out the attic to sell some stuff at the auction house to raise much needed cash.
Ex-‘Sopranos' actor gets 10 years in prison
A former actor on "The Sopranos" was sentenced Friday to 10 years in prison for a botched burglary in the Bronx in which an accomplice shot and killed an off-duty police officer.
Palin lashes out at the media
Sarah Palin, still smarting over coverage of her vice presidential run, calls the media's reporting on her family "very scary".
Kenya: 10 million at risk after harvests fail
Ten million people risk going hungry in Kenya after harvests failed because of drought, the government said Friday.
