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FDIC shutters Silver State Bank of NevadaRead full story for latest details. Boeing machinists say they'll strikeRead full story for latest details. GE faces accounting finesRead full story for latest details. Ford seeks loan guarantees for green techRead full story for latest details. Student lenders under scrutinyRead full story for latest details. Scheme to defraud AIG may have caused $1B lossRead full story for latest details. Treasury near plan for Fannie and Freddie - reportThe 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 rallyingDon't look now, but bank stocks are in the midst of a big rally. Google starts showing its ageSergey 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 spenderRepublican 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 drivingAn 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 jobIt took six months and hundreds of resumes, but Josh Hager has finally landed a job. Continental to charge for first checked bagRead full story for latest details. Bonds mixed as stocks trim back lossesU.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 debateThe 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 tumbleTight-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 foreclosureA record 1.2 million homes were in foreclosure during the second quarter of 2008. Stocks finish mixed at end of tough weekStocks 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. |
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Washington's Fannie And Freddie Plan: Why Now?The Treasury, hemming and hawing for weeks, may have been forced to act. Financials Save The DayGains in the financial sector help lead the Dow to minimal gains following worrisome jobs report. Nic Cage's Other Weekend Premiere: IRS SettlementIn 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 AssetsThere is a right way and a wrong way to manage inventory. Many entrepreneurs choose the wrong one. Best Cities For SinglesAtlanta tops our annual ranking of America's best places to live on your own. |
Pakistan yearns for political saviourSaturday'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 IraqGeorge 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 LibyaUS 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 economyThe 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 commandosThe 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 conventionBarack 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 banThe 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 leaveEuropean 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 SyriaSyria and Israel should hold direct talks in Jerusalem or Damascus, Shimon Peres, the Israeli president, proposed on Friday Trichet sees investor role in oil shockThe 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 lossesMcCain 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 cutsGazundering, 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 portA 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 bidDick 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 cardPro-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 packageWhite House says it does not see need for new measures to stimulate economy despite sharp rise in unemployment. Global economy woes shake marketsWorsening US job figures heighten fears of a global economic slowdown - undermining stock markets around the world. Crude oil price drops below $106Oil prices dip below $106 as traders predict that rising US unemployment would lead to consumers cutting back on petrol use. Nokia expects market share lossNokia lowers its predicted market share for the third quarter, sending its shares plummeting. Pakistan 'needs help' on economyPakistan needs a "substantial" injection of external funds if it is to stabilise its economy, an IMF official says. US lifts some Belarus sanctionsSome sanctions imposed by the US on firms working with Belarussian companies are lifted, US officials announce. One Laptop signs up with AmazonOnline 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 deadlockTalks 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 riseEasyjet says the number of passengers it flew in August this year rose 24% on August 2007. Slump hits Bentley car productionFour thousand staff at Crewe-based carmaker Bentley are going down to a three-day week as demand slumps. Chavez takes over fuel transportVenezuela'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 crunchCharity shops beat the economic slowdown as shoppers look for value away from the traditional high street chains. Guidelines for financial journalists |
U.S. Rescue Seen at Hand for 2 Mortgage GiantsMachinists Vow Strike at BoeingU.S. Jobless Rate Climbs Past 6%, Highest Since ?03Microsoft Works to Perfect Windows VistaRisky Loans Hurt Lender in CaliforniaBig Summer Sell-Off Hits the Russian Stock MarketStocks Rebound After Early LossesUnion Leader?s Legacy May Be Hard to MatchJudge to Unseal Documents on the Eli Lilly Drug ZyprexaTimes Plans to Combine Sections of the PaperAs Consumers Buy Less, Europe?s Economy SlowsExecutive Pursuits: A Slow Route to Being MaestroStocks Withstand Jump in Jobless RateForeclosures Rose as Delinquencies Eased in QuarterYour Money: Counseling on Student Loans Now May Ease Pain LaterLehman Weighs Split to Shed Troubling LoansAltria Said to Be in Talks With Tobacco Maker USTSamsung Weighs Buying SanDiskRobert Giroux, Publisher, Dies at 94Cost of Living: Justifying the Cost of an iPhoneMexican Court Rules Against Wal-MartDefamation Suit by Italian Premier Is RejectedMain Bank of China Is in Need of CapitalAs Oil Prices Fall, OPEC Faces a Balancing ActNew York Plans to Sue Student Loan CompanyAt ESPN, Play-by-Play Goes VirtualBP Makes Deep Concessions in Agreement With Russian PartnerNokia Lowers Forecast for Market ShareContinental Becomes Latest to Charge for a Second BagRussia?s Oligarchs May Face a Georgian ChillBritish Companies Emigrating Over TaxesTwo Banks in Europe Stand Pat on RatesTalking Business: Leaving Boardroom for Skybox |
Oil pushes ever higherPrice 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 poundThe 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 FTSEMarket 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 jobsHenkel, 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 revenueBritish 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 customersCable 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 revolutionRecord 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 lowITV'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 boardNews 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 expansionChain will open stores in Shanghai next year. Congressmen corner Yahoo! over jailed Chinese dissidentThe 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 othersOn 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 TimesThailand to buy 40% more rice from farmers - Financial TimesDoctors Ordered To Manage Media - Sky NewsDell considers plan to outsource production and sell its factories - Financial TimesNomura's Watanabe Says May Bid on Lehman Stake, Yomiuri Reports - BloombergUS Secretary of State visits Tunisia after Kadhafi meeting - AFPMortgages: No relief in sight - Minneapolis Star TribuneSilver State of Nevada Is 11th Bank Failure This Year (Update2) - BloombergSamsung considers alliance or bid for SanDisk - Financial TimesBrown seeks help to cut energy bills - Financial TimesUST soars on rumours of Altria bid - Financial TimesReports: Fannie Mae, Freddie Mac bailout setPakistan yearns for political saviour - Financial TimesNokia shares hit by rivals' moves - Financial TimesUS Rescue Seen at Hand for 2 Mortgage Giants - New York Times'Hundreds' killed by Haiti storm - BBC NewsConventions, Anything but Dull, Are a TV Hit - New York TimesWetherspoon turns to food to counter decline in beer sales - IndependentInterest Was Waived for Rangel on Loan for Villa - New York TimesStorm rains turn roads deadly - The SunRisky Loans Hurt Lender in California - New York TimesCan Spore spawn a second golden age for EA? - Los Angeles TimesJobless rate at 5-year high (Reuters)Jobless rate jumps to 5-year high of 6.1 percent - Austin American-StatesmanNo easy way out of the morass for Brown this autumn - Financial TimesGreenberg could pay fine of up to $100 million: report (Reuters)Angolan extends election after opposition protests - Reuters South AfricaMother of Shannon Matthews denies new charges of kidnap and false ... - This is LondonSerena & Jankovic ready for final - BBC SportTrials start on flu vaccine that could end yearly jabs - IndependentShearer describes Newcastle system as 'dangerous' - IndependentBoeing machinists to strike as contract talks fail (Reuters)Science teaching reforms attacked - Financial TimesWal-Mart to deploy smart shop network - Financial TimesCoca-Cola bid adds fizz to Huiyuan Juice - Financial TimesJudgment on Capello clouded by craving for a continental saviour - guardian.co.ukBoeing workers to strike at midnight -- reports - MarketWatchThe Large Hadron Collider will revolutionise how we understand the ... - Telegraph.co.ukIsotope shortage may delay scans - BBC NewsBrands off the girls, Russ - The SunStrike could cost Boeing billionsFree petrol stunt ends in gridlock as hundreds queue to fill tanks - guardian.co.ukThe Big Film: RocknRolla - Times OnlineMP carrying white powder held at gunpoint in jungle - guardian.co.ukDead soldier was Pashtu speaker - guardian.co.ukGE Says SEC May File Civil Case in Accounting Probe (Update2) - BloombergTreasury near GSE bailout plan: report (Reuters)Boeing, machinists talks fail; union strikesMore Cons Than Pros To 401(k) Loan (Investor's Business Daily)Ford: Small Cars Can Be Profitable - Wall Street Journal |
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