Thompson & McCarty, P.C. CPA

Pfizer will abandon efforts to develop heart-disease drugs, as part of a broad research reshuffling it plans to announce Tuesday.

The House delivered a stunning defeat to the $700 billion rescue package, revealing political divisions and sending the Dow industrials to their biggest point drop ever. The Treasury and Fed are stuck for now with taking incremental steps to stem the financial crisis.

Citigroup acquired most of Wachovia for nearly $2 billion in a U.S.-engineered takeover. Included is a $312 billion mortgage portfolio saddled with bruising losses.