| Business Headlines |
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| Wagoner tells Congress: "not seeking bailouts"
(Reuters)
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| Reuters - Detroit automakers are not seeking a
government rescue, but need quick congressional action to free
$25 billion in federally backed loans to help them retool
plants and meet new fuel efficiency targets, the chief
executive of General Motors Corp said on Friday.
-- read full article |
| Fri, 12 Sep 2008 21:49:31 GMT - Yahoo! News: Business |
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| Retail sales off but optimism rises
(Reuters)
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| Reuters - Sales at U.S. retail stores fell for
a second straight month in August as consumers facing a tough
job market cut spending, but declining gasoline prices seemed
to lift their spirits in September.
-- read full article |
| Fri, 12 Sep 2008 20:59:09 GMT - Yahoo! News: Business |
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| Fed holds crisis talks as Lehman hunts for buyer
(Reuters)
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| Reuters - The Federal Reserve Bank of
New York held emergency talks with officials of major Wall
Street firms on Friday night as concerns grew that Lehman
Brothers Holdings Inc may fail to find a willing buyer to save
the ailing institution.
-- read full article |
| Sat, 13 Sep 2008 03:21:08 GMT - Yahoo! News: Business |
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| Russian markets, banks under pressure
(AP)
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| AP - Russia's top central banker warned Thursday the country's banking sector faces a liquidity shortage, just hours after President Dmitry Medvedev sought to restore calm to Russia's battered stock markets and boost its investment image. -- read full article |
| Thu, 11 Sep 2008 16:53:11 GMT - Yahoo! News: Business |
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| WaMu outlook weak but soothes some investors
(Reuters)
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| Reuters - Washington Mutual Inc's
revelation that it plans another big write-down for soured
loans but has enough capital to survive soothed some analysts
and investors who were fearful that the housing crisis might
cripple the largest U.S. savings and loan.
-- read full article |
| Fri, 12 Sep 2008 17:26:46 GMT - Yahoo! News: Business |
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| Retail sales off but optimism rises
(Reuters)
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| Reuters - Sales at U.S. retail stores fell for
a second straight month in August as consumers facing a tough
job market cut spending, but declining gasoline prices seemed
to lift their spirits in September.
-- read full article |
| Fri, 12 Sep 2008 17:25:51 GMT - Yahoo! News: Business |
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