Reuters - Oil fell nearly a dollar to near $93 a barrel on Friday, its third consecutive day of losses, on skepticism that a U.S. bailout package would be enough to prevent further oil demand falls.

Reuters - Stocks slid on Thursday as tight credit markets and bleak economic data forced investors to focus on the rocky road still ahead for the U.S. economy even if Congress passes a $700 billion rescue package this week.

Reuters - John Thain, the Merrill Lynch & Co Inc chief executive who engineered the firm's sale to Bank of America Corp, will head investment banking, securities and wealth management at the new company -- at least for now.

Reuters - Europe's top banker pressed the U.S. Congress to approve a $700 billion bailout of the U.S. financial industry on Friday and urged European states to unite in tackling a crisis now shaking the world economy.

Reuters - The cost of protecting insurers' debt with credit default swaps rose on Thursday as concerns mounted about potential investment losses.

Reuters - Oil dropped 4 percent on Thursday as financial market turmoil stoked concerns about fuel demand and sent investors seeking safer havens.

Reuters - Stocks extended losses on Thursday as tight credit markets and a spate of bleak economic data left investors even more anxious about the economy's health a day before release of the crucial payrolls report.

Reuters - General Electric Co shares fell as much as 10 percent on Thursday, touching a new 5-1/2-year low, as its sale of $15 billion in new stock to investors including Warren Buffett failed to soothe Wall Street worries.

Reuters - Shockwaves from the global credit crisis spread on Thursday, hitting industry and jobs worldwide and putting pressure on the U.S. Congress to finish up a $700 billion bailout of the U.S. financial sector.

AP - CarMax Inc. said Wednesday it is laying off more than 600 employees, or about 4 percent of its total work force, as the auto retailer tries to cut costs due to a decline in car and truck sales.

Reuters - Lobbyists for the $2 trillion hedge fund industry made a last ditch effort on Wednesday to convince U.S. securities regulators to let an emergency order prohibiting short selling in more than 950 financial firms expire on Thursday.

Reuters - Major automakers reported plunging U.S. sales for September -- led by a 34 percent slide at Ford Motor Co -- as an escalating credit crisis hit the slumping industry and raised new doubts about when the world's largest auto market would stabilize.

Reuters - General Electric Co plans to raise $15 billion through stock sales -- including $3 billion from Warren Buffett -- to improve liquidity and give it the option of more acquisitions at a time of intense market turmoil, the U.S. conglomerate said on Wednesday.

Reuters - U.S. securities regulators on Wednesday extended an emergency ban on short selling in more than 950 financial stocks to give Congress time to finish legislation to rescue the financial system.