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Royal Treatment Cant Save Citi
Prince Alwaleed revealed plans to up his stake in the bank, but shares still headed south. Saudi Prince Alwaleed bin Talal plans to support Citigroup by upping his stake in the bank, but news of the modest increase may not be enough to revive weary
Source: Forbes
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Friday, 09 January 2009
Boeing plane orders, deliveries fall in 2008
PITTSBURGH (AP) - Hurt by a late-year strike and shrinking airline demand, Boeing Co.s passenger jet deliveries fell 15 percent in 2008, ensuring that archrival Airbus retained...
(Source: The Associated Press) read more...
Friday, 09 January 2009
ExxonMobil CEO Urges CO2 Tax, Not Cap-And-Trade Law
By Ian Talley WASHINGTON -(Dow Jones)- ExxonMobil (XOM) Chief Executive Rex Tillerson on Thursday urged federal lawmakers to consider a carbon tax to reduce greenhouse gas...
(Source: CNNMoney.com) read more...
Friday, 09 January 2009
German govt not nationalising Commerzbank-SPD head
BERLIN, Jan 8 (Reuters) - The German government is not nationalising Commerzbank (CBKG.DE) and plans to sell its stake again as soon as possible, the chairman of the ruling Social...
(Source: Reuters) read more...
Friday, 09 January 2009
Mag Bag: Country Home Shutters
by Erik Sass, 17 minutes ago The real estate downturn and general recession have claimed another victim in the beleaguered shelter category: Country Home, which Meredith Corp.
(Source: Mediapost.com) read more...
EMC shares surge on 4Q outlook, job cuts » (Forbes)
Sears expects 4Q profit above analysts' estimates » (Forbes)
Different Gas, Same Problem » (Forbes)
Meredith to cut 250 jobs, close magazine » (Forbes)
- Citigroup Backs Bankruptcy Courts Cutting Loan Rates
- Wal-Mart, Sears Will Revert to Form
- Chevron Sees Significantly Lower Fourth-Quarter Earnings
- Prosecutors: Madoff hoarded $300M
- Consumers borrow less than expected
- Walgreen offering $1 billion in notes
- Mortgage rate relief might not last long
- Bank of America’s Greg Fleming Said to Leave for Yale
- Mag Bag: Country Home Shutters
- Russian gas row may cost UK customers
- Hartville has a lottery winner
- Bankrate: Mortgage Rates Fall Again
- Florida Minimum Wage Increase
- Dell replacing 2 executives in overhaul
- Muted revelry across world rings in 2009
- Sun Shines on 120th Rose Parade
- Hundreds ring in frosty New Year with annual Polar Bear Plunge in
- Infirm Man Is Left in Bus on Icy Night in Brooklyn

Yes - 9 votes (60%)









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