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FDIC shutters Silver State Bank of Nevada

Read full story for latest details.


Boeing machinists say they'll strike

Read full story for latest details.


GE faces accounting fines

Read full story for latest details.


Ford seeks loan guarantees for green tech

Read full story for latest details.


Student lenders under scrutiny

Read full story for latest details.


Scheme to defraud AIG may have caused $1B loss

Read full story for latest details.


Treasury near plan for Fannie and Freddie - report

The Treasury Department is close to finalizing plans to effectively take over beleaguered mortgage buyers Fannie Mae and Freddie Mac, according to a report published Friday.


An engagingly raging bull

"Did he see us?" I screamed to my automotive accomplice, whom I'll call Speed Queen, as I dug into the carbon ceramic brakes and wrestled the new Lamborghini LP560-4 to a standstill. About 100 feet off the car's chiseled bug-green nose, a California Highway Patrol cruiser was attempting to herd the black Lambo Murciélago to the shoulder.


No joke: Bank stocks are rallying

Don't look now, but bank stocks are in the midst of a big rally.


Google starts showing its age

Sergey Brin and Larry Page incorporated Google on Sept. 7, 1998, and set out to organize the world's information on the Internet. Along the way, it turned Web search into an extremely lucrative business and became one of the world's most valuable brands.


McCain on Obama: Hey, big spender

Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.


U.S. highway fund crushed by cutback in driving

An unprecedented decline in driving will deplete the federal Highway Trust Fund by the end of September and prompted the Bush administration on Friday to ask Congress for an $8 billion emergency infusion.


100 resumes later, Josh gets a job

It took six months and hundreds of resumes, but Josh Hager has finally landed a job.


Continental to charge for first checked bag

Read full story for latest details.


Bonds mixed as stocks trim back losses

U.S. Treasury bond prices were mixed Friday, as a recovery in the stock market overcame concerns about a spike in the national unemployment rate.


Behind the minimum wage debate

The unemployment rate is now above 6% for the first time since 2003 and more than 600,000 jobs have been lost so far this year.


Tech takes a tumble

Tight-fisted consumers, budget-constrained IT departments and cash-hoarding phone companies are squeezing the tech sector, as an economic slowdown gains momentum in the United States and abroad.


Who will replace me?

I launched SBTV.com, an online small-business television network, with my associate, Dan Demko, and we brought an IT consultant, Michael Kelley, on board as partner and COO. We were a good team, and SBTV.com blossomed. We won the Most Innovative Company award at the annual American Business Awards, and we were profitable the following year. It was an exciting time for Dan, who serves as president, myself, Michael, and the entire team.


Record 1.2 million homes hit by foreclosure

A record 1.2 million homes were in foreclosure during the second quarter of 2008.


Stocks finish mixed at end of tough week

Stocks ended mixed Friday after a tough session and week, as a rally in the hard-hit financial sector countered amplified recession fears that were sparked by a weak labor market report.


  Empty List  

Washington's Fannie And Freddie Plan: Why Now?

The Treasury, hemming and hawing for weeks, may have been forced to act.


Financials Save The Day

Gains in the financial sector help lead the Dow to minimal gains following worrisome jobs report.


Nic Cage's Other Weekend Premiere: IRS Settlement

In papers filed in U.S. Tax Court, Cage and his production company said they would pay more than $666,000 to settle charges with the IRS.


How To Get The Most Out Of Your Assets

There is a right way and a wrong way to manage inventory. Many entrepreneurs choose the wrong one.


Best Cities For Singles

Atlanta tops our annual ranking of America's best places to live on your own.


 

Pakistan yearns for political saviour

Saturday's Pakistan presidential contest is the final stage in the consolidation of power over the past year by the Pakistan People's party, which used to be led by Benazir Bhutto, the assassinated former prime minister


Bush to decide on troop numbers in Iraq

George W. Bush will next week decide whether to maintain the current level of US troops in Iraq, potentially leaving the next big decision on Iraq policy to his successor


Rice buries enmity on historic step in Libya

US secretary of state arrives in the Libyan capital Tripoli on what she describes as a 'historic visit' that is proof Washington has no "permanent enemies"


US jobless rise fuels fears on economy

The US unemployment rate unexpectedly jumped to a five-year high of 6.1 per cent, according to Labor Department figures, suggesting a bleaker picture of the world's largest economy


US military trained Georgian commandos

The US military provided combat training to 80 Georgian special forces commandos only months prior to Georgia's army assault in South Ossetia in August


Obama attacks Republicans over convention

Barack Obama tried to shift the struggling US economy back to the centre of the presidential campaign after a Republican national convention dominated by the politics of character and culture


India and US battle to lift nuclear ban

The US and India were struggling to get the international community to lift a ban on nuclear trade with New Delhi, leaving the fate of a US-Indian civil accord in doubt


EU fears Russia will refuse to leave

European Union governments sought a formula for persuading Russia to withdraw from a 'buffer zone' in Georgia that they occupied during their military push last month


Peres proposes direct talks with Syria

Syria and Israel should hold direct talks in Jerusalem or Damascus, Shimon Peres, the Israeli president, proposed on Friday


Trichet sees investor role in oil shock

The oil price shock could have been exaggerated by financial speculation, Jean-Claude Trichet, European Central Bank president, suggested for the first time


US rivals clash on economy and job losses

McCain and Obama return to the presidential campaign trail after their party conventions and immediately clash as the jobless rate hits a five-year high


'Gazundering' in housing slump price cuts

Gazundering, where homebuyers take advantage of the housing slump to cut the price of properties at the last minute, is reaching new extremes, estate agents report


US ship docks in occupied Georgian port

A US vessel bearing humanitarian aid for Georgia anchored off Poti, a Black Sea port still partially occupied by Russian forces, risking fresh tensions with Russia


Cheney backs Ukraine Nato bid

Dick Cheney, the US vice-president, expressed strong US backing for Ukraine as he visited Kiev in show of support in the wake of last month's conflict between Russia and Georgia


Hong Kong rivals play the Olympics card

Pro-Beijing parties are hoping a patriotic afterglow from last month's Olympics will propel their candidates to victory in this weekend's Legislative Council election


 

US rules out new economic package

White House says it does not see need for new measures to stimulate economy despite sharp rise in unemployment.


Global economy woes shake markets

Worsening US job figures heighten fears of a global economic slowdown - undermining stock markets around the world.


Crude oil price drops below $106

Oil prices dip below $106 as traders predict that rising US unemployment would lead to consumers cutting back on petrol use.


Nokia expects market share loss

Nokia lowers its predicted market share for the third quarter, sending its shares plummeting.


Pakistan 'needs help' on economy

Pakistan needs a "substantial" injection of external funds if it is to stabilise its economy, an IMF official says.


US lifts some Belarus sanctions

Some sanctions imposed by the US on firms working with Belarussian companies are lifted, US officials announce.


One Laptop signs up with Amazon

Online retailer Amazon will help the One Laptop Per Child organisation with its plans to sell its XO laptop in the US.


Talks over Tata Nano car deadlock

Talks are held in the Indian city of Calcutta to try to end a row over the building of the world's cheapest car, the Tata Nano.


Easyjet's passenger numbers rise

Easyjet says the number of passengers it flew in August this year rose 24% on August 2007.


Slump hits Bentley car production

Four thousand staff at Crewe-based carmaker Bentley are going down to a three-day week as demand slumps.


Chavez takes over fuel transport

Venezuela's President Hugo Chavez approves a plan to take over the firms that distribute fuel to households and petrol stations.


Charity shops boosted as shoppers try to beat credit crunch

Charity shops beat the economic slowdown as shoppers look for value away from the traditional high street chains.


Guidelines for financial journalists


Google is 10

What is the secret behind Google's huge success?


Taking a pounding

Sterling's decline hits key shares in the BBC Global 30


Spanish sale

Slashed prices are a common sight as a slowdown hits


Ground force

Australia's minerals at the heart of a corporate battle


Q&A: Zoom rights

What happens to customers now airline has failed?


New oil

As Brazil finds new oil reserves, where will the profits go?


UK food prices show 8.3% increase

UK food prices have risen by 8.3% on average since January, with meat and fish up 23%, according to a study for the BBC.


Bank keeps UK interest rate at 5%

The Bank of England holds interest rates at 5% for a fifth month as it balances a weak economy and high inflation.


Smoking ban hits JD Wetherspoon

The UK smoking ban and slow consumer spending knocks pub group JD Wetherspoon's full year pretax profits down 11%.


BHP stops ore output after deaths

BHP Billiton suspends all iron ore production in Western Australia after the deaths of two workers in the space of ten days.


S Africa plans to stop blackouts

A massive investment in new energy in South Africa is needed to prevent more power cuts, according to one of the country's government ministers.


Arcelor targets South Africa mine

Arcelor Mittal, the world's largest steelmaker, is to develop a manganese mine in South Africa to help secure raw materials.


Job market jitters add to US woes

Downbeat US employment ad retail data adds to economic jitters despite more positive figures from the service sector.


Argentina buys back flag carrier

Aerolineas Argentinas is back in state hands 18 years after the troubled airline was sold to the private sector.


Australia lowers interest rates

Australia's central bank cuts interest rates for the first time in seven years as its economy slows


South Korea in talks with Lehman

South Korea confirms speculation that it is interested in troubled US investment bank Lehman Brothers.


Russian invasion spooks investors

Russia's stock market loses more than 30% of its value as foreign investors pull out after the country's intervention in Georgia.


Eurozone rates on hold at 4.25%

The European Central Bank keeps eurozone interest rates at 4.25% after its latest meeting.


Iraq economic outlook 'improves'

Iraq's economic prospects have improved, thanks to better security, increased oil output and exports, says an IMF review.


Crude oil price drops below $109

Crude oil prices slip further after Hurricane Gustav fails to disrupt output and on concerns slowing world growth will dent demand.


More protests hit Tata Nano plant

Work on the Indian factory where the Nano, billed as the world's cheapest car, is to be made is indefinitely suspended amid violent protests.


Work stopped at Nano car factory

Work on the Indian factory where the Nano, billed as the world's cheapest car, is to be made is suspended amid local opposition.


 

U.S. Rescue Seen at Hand for 2 Mortgage Giants


Machinists Vow Strike at Boeing


U.S. Jobless Rate Climbs Past 6%, Highest Since ?03


Microsoft Works to Perfect Windows Vista


Risky Loans Hurt Lender in California


Big Summer Sell-Off Hits the Russian Stock Market


Stocks Rebound After Early Losses


Union Leader?s Legacy May Be Hard to Match


Judge to Unseal Documents on the Eli Lilly Drug Zyprexa


Times Plans to Combine Sections of the Paper


As Consumers Buy Less, Europe?s Economy Slows


Executive Pursuits: A Slow Route to Being Maestro


Stocks Withstand Jump in Jobless Rate


Foreclosures Rose as Delinquencies Eased in Quarter


Your Money: Counseling on Student Loans Now May Ease Pain Later


Lehman Weighs Split to Shed Troubling Loans


Altria Said to Be in Talks With Tobacco Maker UST


Samsung Weighs Buying SanDisk


Robert Giroux, Publisher, Dies at 94


Cost of Living: Justifying the Cost of an iPhone


Mexican Court Rules Against Wal-Mart


Defamation Suit by Italian Premier Is Rejected


Main Bank of China Is in Need of Capital


As Oil Prices Fall, OPEC Faces a Balancing Act


New York Plans to Sue Student Loan Company


At ESPN, Play-by-Play Goes Virtual


BP Makes Deep Concessions in Agreement With Russian Partner


Nokia Lowers Forecast for Market Share


Continental Becomes Latest to Charge for a Second Bag


Russia?s Oligarchs May Face a Georgian Chill


British Companies Emigrating Over Taxes


Two Banks in Europe Stand Pat on Rates


Talking Business: Leaving Boardroom for Skybox


 

Oil pushes ever higher

Price of litre of petrol tops £1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.


Dollar hits 26-year low against pound

The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.


US gloom weighs on FTSE

Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.


Virgin Media hails growth 'turnaround'

Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.


National Starch takeover to cost thousands of jobs

Henkel, the maker of Schwarzkopf hair products, plans to cut thousands of jobs when it completes its £2.7bn acquisition of ICI's National Starch adhesives business early next year. By David Gow.


FirstGroup thanks oil price for rise in bus revenue

British bus and rail operator says soaring oil price forcing motorists out of their cars and on to public transport. By Dan Milmo.


Next sales 'highly volatile'

Outlook at fashion chain Next 'uncertain' in run-up to Christmas, company warns. By Julia Finch.


Virgin Media upbeat after growth in customers

Cable group Virgin Media added 13,000 new customers in the third quarter of the year. By Chris Tryhorn.


Bank governor tones down criticism of Darling over crisis at Northern Rock

· King: 'No disagreement with chancellor' · Authorities knew savers had insufficient protection


Jazz label joins the DRM-free revolution

Record label Universal Music Classics & Jazz is making its entire catalogue available online without copy protection as part of an experiment to gauge fans' demand for MP3 tracks. By Katie Allen.


ITV plc shares hit all-time low

ITV's share price fell to an all-time low after it emerged the company wants BSkyB to sell its 17.9% stake. By Chris Tryhorn and Katie Allen.


News Corporation has appointed 27-year-old opera singer Natalie Bancroft to its board

News Corporation has overridden the wishes of Dow Jones shareholders the Bancroft family by appointing a 27-year-old opera singer with little experience of the media to represent the family on its board, according to reports.


Chinese foray marks M&S's return to overseas expansion

Chain will open stores in Shanghai next year.


Congressmen corner Yahoo! over jailed Chinese dissident

The head of the American internet company delivered a personal apology today to the tearful mother of a Chinese journalist who was jailed using email information provided by the firm to secret police in Beijing. By Andrew Clark.


Some are more equal than others

On Europe: Revelations about wages for union workers at chemicals giant BASF have caused a stir. By David Gow in Munich.


 

HMV lifted by in-home boom - Financial Times


Thailand to buy 40% more rice from farmers - Financial Times


Doctors Ordered To Manage Media - Sky News


Dell considers plan to outsource production and sell its factories - Financial Times


Nomura's Watanabe Says May Bid on Lehman Stake, Yomiuri Reports - Bloomberg


US Secretary of State visits Tunisia after Kadhafi meeting - AFP


Mortgages: No relief in sight - Minneapolis Star Tribune


Silver State of Nevada Is 11th Bank Failure This Year (Update2) - Bloomberg


Samsung considers alliance or bid for SanDisk - Financial Times


Brown seeks help to cut energy bills - Financial Times


UST soars on rumours of Altria bid - Financial Times


Reports: Fannie Mae, Freddie Mac bailout set


Pakistan yearns for political saviour - Financial Times


Nokia shares hit by rivals' moves - Financial Times


US Rescue Seen at Hand for 2 Mortgage Giants - New York Times


'Hundreds' killed by Haiti storm - BBC News


Conventions, Anything but Dull, Are a TV Hit - New York Times


Wetherspoon turns to food to counter decline in beer sales - Independent


Interest Was Waived for Rangel on Loan for Villa - New York Times


Storm rains turn roads deadly - The Sun


Risky Loans Hurt Lender in California - New York Times


Can Spore spawn a second golden age for EA? - Los Angeles Times


Jobless rate at 5-year high (Reuters)


Jobless rate jumps to 5-year high of 6.1 percent - Austin American-Statesman


No easy way out of the morass for Brown this autumn - Financial Times


Greenberg could pay fine of up to $100 million: report (Reuters)


Angolan extends election after opposition protests - Reuters South Africa


Mother of Shannon Matthews denies new charges of kidnap and false ... - This is London


Serena & Jankovic ready for final - BBC Sport


Trials start on flu vaccine that could end yearly jabs - Independent


Shearer describes Newcastle system as 'dangerous' - Independent


Boeing machinists to strike as contract talks fail (Reuters)


Science teaching reforms attacked - Financial Times


Wal-Mart to deploy smart shop network - Financial Times


Coca-Cola bid adds fizz to Huiyuan Juice - Financial Times


Judgment on Capello clouded by craving for a continental saviour - guardian.co.uk


Boeing workers to strike at midnight -- reports - MarketWatch


The Large Hadron Collider will revolutionise how we understand the ... - Telegraph.co.uk


Isotope shortage may delay scans - BBC News


Brands off the girls, Russ - The Sun


Strike could cost Boeing billions


Free petrol stunt ends in gridlock as hundreds queue to fill tanks - guardian.co.uk


The Big Film: RocknRolla - Times Online


MP carrying white powder held at gunpoint in jungle - guardian.co.uk


Dead soldier was Pashtu speaker - guardian.co.uk


GE Says SEC May File Civil Case in Accounting Probe (Update2) - Bloomberg


Treasury near GSE bailout plan: report (Reuters)


Boeing, machinists talks fail; union strikes


More Cons Than Pros To 401(k) Loan (Investor's Business Daily)


Ford: Small Cars Can Be Profitable - Wall Street Journal


 

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