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| Business Headlines |
| GM CEO says credit crunch hurting September sales
(Reuters)
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| Reuters - General Motors Corp Chief Executive Rick Wagoner said on Thursday that September U.S. auto sales were running about flat from August, but held out hope a federal auto loan package, tax breaks and a banking bailout, all pending in Congress, would support demand.
-- read full article |
| Thu, 25 Sep 2008 17:56:37 GMT - Yahoo! News: Business |
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| Lawmakers reach bailout deal
(Reuters)
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| Reuters - Lawmakers reached basic agreement on a massive financial bailout plan, lifting world stock markets, sending the dollar up and breathing life into troubled money markets.
-- read full article |
| Thu, 25 Sep 2008 18:56:21 GMT - Yahoo! News: Business |
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| Bush warns 'entire economy is in danger'
(AP)
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| AP - President Bush said Wednesday that lawmakers risk a cascade of wiped-out retirement savings, rising home foreclosures, lost jobs and closed businesses if they fail to act on a massive financial rescue plan. "Our entire economy is in danger," he said.
-- read full article |
| Thu, 25 Sep 2008 06:44:38 GMT - Yahoo! News: Business |
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| US-NEWS Summary
(Reuters)
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| Reuters - Architects of a $700 billion bailout plan urged U.S. lawmakers to act swiftly or face dire economic consequences as global stock markets fell for a second day on growing concern the rescue may be delayed. -- read full article |
| Tue, 23 Sep 2008 23:49:12 GMT - Yahoo! News: Business |
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| Oil falls on demand worries
(Reuters)
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| 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.
-- read full article |
| Wed, 24 Sep 2008 17:56:00 GMT - Yahoo! News: Business |
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| Jack Welch says U.S. faces "deep downturn"
(Reuters)
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| 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.
-- read full article |
| Wed, 24 Sep 2008 18:44:54 GMT - Yahoo! News: Business |
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