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Pfizer: Making It ‘Leaner, Meaner, More Efficient’

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Rocky Mountain News, You’ll Be Missed

President Barack Obama says he’ll withdraw America’s combat brigades from Iraq over the next 18 months. He made the announcement in a speech to military troops and officers at Camp LeJeune (leh-JUHN) N.C. He said his administration will “proceed cautiously”…

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Obama announces 18-month troop withdrawal schedule

WASHINGTON (Reuters) – The U.S. economy suffered its deepest contraction since early 1982 in the fourth quarter, shrinking at a much worse-than-expected 6.2 percent annual rate as exports plunged and consumers slashed spending.

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U.S. fourth-quarter GDP drop biggest since 1982

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Feds Taking Up to 36% of Citi

NEW YORK (Reuters) – Stocks briefly cut losses on Friday as investors scoured the market for beaten-down shares following the S&P 500′s earlier drop to a 12-year low.

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Wall Street cuts losses on bargain hunting

Stocks are mostly lower as investors second-guess Citigroup Inc.’s plans to turn over a big piece of itself to the government. Citi shares are down 30 percent as investors calculate how much their holdings will be diluted by the plan. Other banks are also…

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Stocks fall as Citigroup drags banks lower

Storm-battered Haiti will continue stalling most deportations of its citizens until the Obama administration decides whether to grant it protected status that will allow Haitians to stay in the U.S. temporarily, the Haitian ambassador said this week….

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Ambassador: Review Bush-era decisions for Haitians

Manhattan District Attorney Robert Morgenthau has decided not to run for re-election this year. A high-ranking person in Morgenthau’s office who is familiar with his thinking says the longtime prosecutor will announce his decision Friday afternoon. The…

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Manhattan DA to step down after 35 years on job

President Barack Obama confirms that Christopher Hill is becoming the new U.S. ambassador to Iraq. Officials had said earlier this month that Hill was the leading candidate to replace Ryan Crocker as the nation’s top diplomat in Baghdad. Speaking to Marines…

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Hill to be new US ambassador in Iraq

Nisha Taylor was just about to put her beloved T-Mobile Sidekick in her bag. She thought the cell phone would be safer there than in her pocket. In the few seconds it took for the 18-year-old to unwind the string loop that held the Sidekick to her wrist,…

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Sidekicks might top a dubious category: theft

NEW YORK (Reuters) – Accused swindler Bernard Madoff moved $164 million from his firm in Britain to New York in the weeks before he was arrested on a charge of running the largest Ponzi scheme in Wall Street history, according to court papers.

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Madoff moved $164 million from UK firm to US: receiver

The chief investment officer of troubled Stanford Financial Group was due in court Friday, as new details emerged showing the head of the firm borrowed $1.6 billion from the troubled company’s assets. Texas billionaire R. Allen Stanford is the “Executive A”…

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Source: Stanford borrowed $1.6 billion from firm

A record U.S. economic contraction dragged oil prices below $43 a barrel Friday after a surge in crude just a day earlier on evidence that protracted weak U.S. demand could be recovering. Thursday’s bullish crude price path turned bearish as reports by the…

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Oil below $43 on record economic lows

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