| Stock Markets News: |
| Dow up 494 as Obama prepares to name treasury boss
(AP)
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 AP - Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap the chief of the New York Federal Reserve as the next treasury secretary and hand him the herculean task of righting the U.S. financial system.
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| Wall Street stages late rally on Geithner news
(Reuters)
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 Reuters - U.S. stocks stormed higher in a late rally on Friday to cap another volatile week as investors welcomed reports that President-elect Barack Obama has chosen his point person to combat the U.S. economic crisis, instilling confidence about the administration's ability to take action.
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| Wall St Week Ahead: Stocks eye Citigroup, Geithner's next moves
(Reuters)
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 Reuters - Wall Street faces stiff headwinds in the week ahead, the fate of Citigroup largest among them, that stand in the way of building on Friday's big rally and preventing November from winding up as one of the worst months for stocks on record.
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| Target rejects Pershing's real estate proposal
(Reuters)
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| Reuters - Target Corp on Friday rejected as "highly speculative" proposals made by hedge fund manager William Ackman that he said would unlock the value of its real estate and boost the discount retailer's sagging stock price. |
| Tasks for Obama's ag sec: School food, subsidy cap
(Reuters)
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| Reuters - President-elect Barack Obama's nominee for U.S. agriculture secretary will face daunting tasks ranging from tightening farm subsidy rules to improving school meals, lawmakers and farm groups said on Friday. |
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