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Three banks in California, Georgia fail
Three banks in California, Georgia fail
11:18pm: Regulators close down two California thrifts and Community Bank of Loganville, Ga., raising the toll in the financial crisis to 22 banks.  more
Citi sinks as firm mulls next move
5:46pm: Executives of the besieged bank met Friday as shares continue to plummet; possible sale said to be considered. more
Bank stocks lose ground again
4:20pm: A slew of banks were battered as investors waited to see the fate of Citigroup, but stocks lifted off lows on reports that Obama will tap Geithner as Treasury Secretary.  more
Buffett: Carmakers must change
5:19pm: Bailout or bankruptcy, GM, Ford and Chrysler must overhaul their business models, says billionaire. more
WaMu to slash 1,600 jobs
5:54am: Bank cuts payroll in California by 13% after failure and purchase by JPMorgan Chase. more
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World's 25 biggest companiesOnce again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet. more
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