Reuters - U.S. stocks fell into negative territory on Friday as shares of financials including Citigroup declined and investors worried about the deepening economic slump.
Reuters - U.S. consumers expect the unemployment rate to rise steeply in a prolonged recession, and as a result have slashed spending plans, according to a survey released on Friday.
AFP - Wal-Mart Stores, the world's biggest retailer, announced Friday the appointment of Mike Duke, a company vice chairman, as the new chief executive effective February 1.
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.