Democrats held onto the governorship in Washington on Friday, bringing an end to the only outstanding election from this week's governors' races. Republican candidate Rob McKenna conceded to Democratic candidate Jay Inslee in a video statement. Inslee, a former U.S. representative, will succeed two-term Democratic Gov. Christine Gregoire.
Treasury Secretary Tim Geithner is staying in his job until at least the Jan. 21 presidential inauguration to help leaders reach a deal to avoid the fiscal cliff, a top White House aide said Friday.
A coal company headed by a prominent Mitt Romney donor has laid off more than 160 workers in response to President Obama's election victory.
U.S. stocks eked out minute gains Friday but closed out election week down more than 2%.
American Airlines announced Friday that it had reached an "agreement-in-principle" with its pilots' union, potentially removing a hurdle to its emergence from bankruptcy. The agreement will now go to the roughly 8,000 pilots, who will vote on its approval. The two sides have been locked in a contract dispute following the bankruptcy filing last year of AMR, American's parent company.
Defense contractor Lockheed Martin announced Friday that incoming CEO Chris Kubasik had been forced out after an ethics investigation uncovered his "close personal relationship with a subordinate employee."
Vikram Pandit isn't getting a golden parachute, but he's still not doing too badly. Citigroup said Friday that the former CEO, who resigned last month in a management shakeup, will receive an "incentive award" of $6.7 million for his work at the bank this year. Former president and chief operating officer John Havens, who stepped down along with Pandit, is getting $6.8 million, according to a filing with the Securities and Exchange Commission.
The American Red Cross continues to see an outpouring of donations in the aftermath of Superstorm Sandy. The relief agency has raised $117 million as of Friday morning, up from $103 million on Wednesday.
Google and all of its major services were blocked in China on Friday, as the Communist Party meets to appoint new leaders for the first time in a decade.
FEATURES, ANALYSIS AND COMMENTARY
When she's not guest starring on "Two and a Half Men," or planning her wedding to Liam Hemsworth, Miley Cyrus is recording her fourth studio album. "It's a really different sound," she told CNN while promoting her new flick, "So Undercover." "Not only just for me, but I think it's something that radio needs right now."
At 50, the "James Bond" franchise is looking devilishly youthful thanks to "Skyfall," which sees Daniel Craig return for a third time as 007. The Sam Mendes-directed feature is already making a killing overseas, causing industry observers to salivate over how it could perform in the States this weekend.
Five Hard Ciders to Try Right Now: Gregory Hall
4 things experts want you to know about your heart
Superman has had an eventful few weeks. First he quit his job at the Daily Planet, and now he has discovered the location of his home planet Krypton.
Opinion: Every day should be Veterans Day
It was startling to see Obama get emotional in talk to campaign workers. Did he cry tears of joy? No, it's likely exhaustion finally broke through his façade.
How GOP can attract Latino voters