Reuters - Wall Street's woes continued on Wednesday as a spike in inter-bank lending rates fanned fears about the supply of credit in global markets, pushing stocks lower. The Nasdaq index fell more than 4 percent.

Reuters - Anxious investors continued to hack away at Morgan Stanley and Goldman Sachs Group Inc Wednesday, sending the two largest investment banks' shares lower and boosting default-insurance prices higher amid lingering worries about their ability to remain independent.

AP - Best Buy Co. said Tuesday that its second-quarter profit slid 19 percent as it spent money to boost cell phone sales by completing the rollout of its Best Buy Mobile concept to nearly 1,000 North American stores.

Reuters - The U.S. Federal Reserve Board on Tuesday said the Federal Reserve Bank of New York will lend up to $85 billion to the American International Group in a plan aimed at saving the insurer from a "disorderly failure" that could wreak economic havoc.

Reuters - The Toronto Stock Exchange's main index rebounded late Tuesday to end down slightly, after sliding to its lowest level in almost two years, as investors fretted over the fate of U.S. insurer American International Group and the price of oil fell to a seven-month low.

Reuters - A U.S. banking group is pressing securities regulators to clamp down on illegal short-selling after weeks of heavy selling pressure on shares of financial companies.

Reuters - A record rate of foreclosures probably kept many U.S. home builders off the job last month, pushing the rate of groundbreaking for new homes to its lowest level in more than 17 years, a Reuters poll showed.

Reuters - Investment bank Morgan Stanley is weighing whether it should remain independent or merge with a bank, give the recent turbulence in the company's share price, broadcaster CNBC reported on Wednesday.

Reuters - Japan, Australia and India pumped $33 billion into money markets on Wednesday as a U.S. government rescue of insurer AIG failed to soothe frayed nerves and ease a funding squeeze triggered by the crisis engulfing Wall Street.

Reuters - U.S. authorities engineered an $85 billion rescue of insurance giant American International Group Inc , staving off bankruptcy and bringing a measure of calm to shell-shocked global markets.

AP - General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

Reuters - Central banks pumped emergency funds into world financial markets for a second day on Tuesday in an increasingly fraught effort to contain the fallout from the crisis sweeping Wall Street's biggest firms.

Reuters - Stocks fell on Tuesday after the Federal Reserve held its key interest rate steady. ID:nN16279243

Reuters - British bank Barclays is near to a deal to buy Lehman Brothers' core U.S. broker-dealer business, including equity, fixed income, M&A advisory and other parts, a person familiar with the matter said.