Bankruptcy Is Option to GM Board
Members of GM's board are willing to consider "all options," including an eventual bankruptcy-protection filing, a stance CEO Rick Wagoner opposes.
Wal-Mart Names Duke Its New CEO
Wal-Mart said CEO Scott is retiring and named Mike Duke, who heads the international operations, to succeed him starting in February.
Citigroup Tries to Steady Stock
Citigroup's Pandit told employees he has "no desire" to sell any part of the firm. Citi is working to stabilize its shares, which hit a 16-year low.