Reuters - Nike Inc quarterly earnings beat Wall Street estimates as the world's largest athletic footwear and apparel company reported robust U.S. sales and orders growth, sending its shares up 5 percent.

Reuters - An unusual surge in Goldman Sachs' share price in the last 10 minutes of trading on Tuesday raised eyebrows on Wall Street, as it came two hours before news of Warren Buffett's big investment in the bank.

Reuters - The Dow and S&P 500 edged lower on Wednesday as uncertainty about when Congress might approve a proposed $700 billion financial sector bailout offset Warren Buffett's $5 billion bet on Goldman Sachs.

Reuters - Congress looked close to reaching a deal to approve a $700 billion plan to bail out the U.S. financial system and President George W. Bush called an emergency meeting for Thursday to hammer out details.

Reuters - Washington Mutual Inc , the large U.S. savings and loan company crippled by mortgage losses, has approached private equity firms about a potential takeover after listed firms showed reluctance, the Wall Street Journal.

AFP - Britain's biggest retailer Tesco said Wednesday it had taken certain Chinese sweets off its shelves due to fears over the contaminated milk product scandal.

Reuters - Stocks fell on Tuesday on fear that congressional wrangling could delay a proposed $700 billion plan to rescue the financial sector, increasing worries about the struggling U.S. economy.

Reuters - Oil dipped on Wednesday as concerns over the U.S. economy and sliding fuel demand outweighed hurricane-related supply disruptions that have pushed U.S. gasoline stockpiles to their lowest since 1967.

Reuters - Former General Electric Co Chairman and Chief Executive Officer Jack Welch said the U.S. economy faces a deep downturn in coming quarters, and he supports a proposed $700 billion government rescue package for the financial sector.

Reuters - The FBI is investigating Fannie Mae , Freddie Mac , Lehman Brothers Holdings Inc and insurer American International Group Inc , expanding its probe of potential corporate fraud, law enforcement officials said on Wednesday.

Reuters - The Dow and S&P 500 barely budged on Wednesday as investors' uncertainty about when Congress might approve a proposed $700 billion bailout for the financial sector offset news of Warren Buffett's $5 billion investment in Goldman Sachs.

Reuters - The White House's proposed $700 billion financial bailout met skepticism and anger from lawmakers on Wednesday, stoking fresh anxiety on Wall Street despite a $5 billion Wall Street investment by billionaire Warren Buffett that was hailed as a vote of confidence.

AP - A change at the top may not be enough to jump-start Circuit City Stores Inc., after the head of the nation's No. 2 consumer electronics retailer abruptly resigned amid plummeting stock prices and calls for his ouster.

AFP - The dollar recovered some ground on Tuesday as players awaited the outcome of a US government plan to bail out a banking system crippled by the subprime home loan crisis.