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| Business Headlines |
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| Wall Street may cheer Fannie, Freddie bailout
(AP)
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| AP - Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide.
-- read full article |
| Mon, 08 Sep 2008 09:54:59 GMT - Yahoo! News: Business |
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| Apple shares decline ahead of Tuesday event
(Reuters)
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| Reuters - Apple Inc shares fell as
much as 5 percent on Monday ahead of a highly anticipated event
on Tuesday when the maker of the Mac, iPod and iPhone is
expected to roll out a new iPod Nano and may give an update on
iPhone sales.
-- read full article |
| Mon, 08 Sep 2008 17:09:54 GMT - Yahoo! News: Business |
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| Lehman meeting with buyers for Neuberger: report
(Reuters)
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| Reuters - Lehman Brothers Holdings Inc
is meeting with potential buyers of its Neuberger Berman asset
management unit, according to a report, causing shares of Wall
Street's fourth-largest investment bank to fall as much as 19.6
percent on concern that it is desperate for cash.
-- read full article |
| Mon, 08 Sep 2008 18:13:02 GMT - Yahoo! News: Business |
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| GE may face civil action on securities violations
(AP)
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| AP - General Electric Co. said Friday it has been informed that the Securities and Exchange Commission may recommend fines and other action for possible violations of securities law related to accounting changes the company made. -- read full article |
| Fri, 05 Sep 2008 22:10:45 GMT - Yahoo! News: Business |
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| Boeing strike threatens global aero industry
(Reuters)
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| Reuters - Boeing Co's
27,000 machinists prepared for a third day of strike action,
halting production at the plane maker's Seattle-area plants in
protest at Boeing's contract offer and what they see as plans
to shift more jobs to non-union and foreign companies.
-- read full article |
| Mon, 08 Sep 2008 05:39:46 GMT - Yahoo! News: Business |
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| Altria to buy UST for $10.3 billion: WSJ
(Reuters)
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| Reuters - Cigarette maker Altria Group Inc has agreed to
buy Skoal and Copenhagen smokeless tobacco maker UST Inc for
about $10.3 billion in cash, the Wall Street Journal said,
citing people familiar with the matter.
-- read full article |
| Mon, 08 Sep 2008 05:42:01 GMT - Yahoo! News: Business |
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