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WSJ.com: What's News US
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What's News US
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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.
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Job Losses Surge as Slump Accelerates
Unemployment across the U.S. is accelerating. Twelve states had a rise of at least two percentage points in jobless rates over the past year.
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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.
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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.
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Turmoil Continues in Banking Sector
Three more banks failed Friday, marking the highest volume of bank failures in one day since the Savings and Loan crisis.
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McKesson Agrees to Settle Pricing Suits
McKesson agreed to pay almost $500 million to settle cases in which the drug wholesale company was accused of helping to boost prices.
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Share Declines Pressure Redstone
Viacom and CBS shares sank to lows this week, turning up pressure on Redstone as he tries to resolve his family's debt problems.
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More Hedge Funds Expected to Succumb
More hedge funds will likely have to close this year, amid a steady redemptions drumbeat from pension funds, endowments and others.
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Goldman to Offer FDIC Debt
Goldman Sachs will issue debt backed by the FDIC under the new Temporary Liquidity Guarantee Program.
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Maxim in Restructuring Talks
The publisher of men's magazine Maxim is in restructuring talks that are expected to turn over the company to creditors, in another blow to star media deal maker Steve Rattner.
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