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Target rejects Pershing's real estate proposal - Washington Post
NEW YORK (Reuters) - Target Corp <TGT.N> on Friday rejected a proposal made by activist hedge fund manager William Ackman that the discount retailer boost its stock price by spinning off a real estate investment trust into a company that would own ...

Citigroup shares drop but CEO plans to keep Smith Barney - International Herald Tribune
Citigroup Inc Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence, but shares still tumbled for a fifth straight day. Pandit told employees on Friday ...

Honda to Cut Production in Japan, Europe - Street.Com
TOKYO -- Honda ( HMC Quote - Cramer on HMC - Stock Picks ) said Friday it will cut production in Japan and Europe by 61,000 vehicles, as it continues to grapple with slowing global demand. Related Articles Asian Stocks End Mixed; Japan in Recession ...

Obama's Cellphone Account Breached by Verizon Employees - Wall Street Journal
Verizon Wireless disclosed late Thursday that several of its employees accessed and viewed President-elect Barack Obama's personal cellphone account, and said it planned to discipline workers for the privacy breach. "We apologize to President-Elect ...

1 dead, 1 still in critical condition after refinery blast and fire in ... - Newsday
TYLER, Texas (AP) _ One man has died of injuries from an oil refinery explosion and fire in Tyler, Texas. A spokeswoman for Parkland Memorial Hospital in Dallas said 49-year-old Dale Sherman died of his injuries from Thursday's explosion at the Delek ...