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| Business Headlines |
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| Pledge fails to lift cloud over Fannie, Freddie
(Reuters)
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| Reuters - Buyers showed no hesitation in bidding
on Freddie Mac's $3 billion debt sale on Monday, just hours
after the U.S. government pledged support for the nation's top
mortgage finance agencies, but the steps failed to stem growing
alarm on Wall Street.
-- read full article |
| Mon, 14 Jul 2008 23:03:45 GMT - Yahoo! News: Business |
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| Stocks fall on bank jitters
(Reuters)
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| Reuters - Stocks tumbled on Monday as concerns
about the credit crisis and financial companies outweighed
earlier optimism over the government's proposed rescue plan for
mortgage finance companies Fannie Mae and Freddie Mac
.
-- read full article |
| Mon, 14 Jul 2008 17:38:41 GMT - Yahoo! News: Business |
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| Lockheed chief says U.S. tanker not trade issue
(Reuters)
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| Reuters - The chief executive of Lockheed Martin
Corp , the Pentagon's No. 1 supplier, called the
overturn of a $35 billion U.S. Air Force tanker deal involving
Europe's EADS a contracting hitch, not a trade issue, and urged
Europe to boost its defense spending. -- read full article |
| Mon, 14 Jul 2008 01:07:42 GMT - Yahoo! News: Business |
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