Apple's Jobs to take medical leave of absence
Apple Inc. Chief Executive Steve Jobs says that because of his health
issues he will take a medical leave of absence from the company until
the end of June.
MARKET SNAPSHOT: ENERGY SHARES SEND U.S. STOCKS TO DECEMBER LOWS
Energy and financial shares pace a broad market slide after downbeat
December retail sales offer the latest confirmation of a deepening
recession.
CAPITOL REPORT: FAULT LINES EMERGE AT FED
Key fault lines are emerging at the Federal Reserve over the central
bank's journey into uncharted monetary policy.
AFTER BROKERAGE DEAL, CITI MAY REDUCE ITS SIZE BY ONE-THIRD
Following a blockbuster brokerage deal with Morgan Stanley,
Citigroup's set to unveil a sweeping plan to unload several businesses
and reduce its size by one-third -- moves that essentially sound a
death knell for its financial-services supermarket model, according to
a published
ECONOMIC REPORT: U.S. RETAIL SALES PLUNGE 2.7% IN DECEMBER
Weak demand and falling prices give rise to a worse-than-projected
2.7% drop in U.S. seasonally adjusted retail sales for December,
Commerce Department data show.
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