NEWS CATEGORIES
NEWSLETTER
YOUR OPINION
Yes - 9 votes (64%)
FINANCIALS
Thursday,
04 December 2008
Union concessions may improve prospects for auto bailout
By David Lightman and Kevin G. Hall WASHINGTON - On the eve of congressional hearings, union leaders agreed to concessions on Wednesday, removing a roadblock to a proposed rescue of the US auto industry as Congress weighs whether to give...
(Source: The Miami Herald) read more...
Wednesday,
03 December 2008
Lehman Gets More Bids for Investment-Management Unit (Update4)
By Christopher Scinta Dec. 3 (Bloomberg) -- Lehman Brothers Holdings Inc. received two additional bids for today’s auction of its investment- management business beyond a $2.15 billion offer from Bain Capital LLC and Hellman &...
(Source: Bloomberg) read more...
Wednesday,
03 December 2008
Hallmark Channel and Google to Form Strategic TV Advertising Agreement
, , ) announced today a strategic agreement to offer advertisers access to high-quality family-friendly programming through the Google TV Ads program.
(Source: MarketWatch) read more...
Wednesday,
03 December 2008
Blackberry maker RIM lowers outlook as iPhone turns up heat
Palm Inc.s and Apple Inc.s smartphone rival Research in Motion Ltd. lowered its outlook for its latest quarter in the face of declining demand and more competition.
(Source: Bizjournals.com) read more...
Wednesday,
03 December 2008
United Tech Pratt unit to lay off 350
BOSTON (Reuters) - United Technologies Corps Pratt & Whitney jet engine unit is laying off 350 US workers, less than 1 percent of its staff, a spokeswoman said on Wednesday.
(Source: Reuters) read more...
Wednesday,
03 December 2008
US private jobs, services slump show recession toll
By Burton Frierson NEW YORK, Dec 3 (Reuters) - US private employers cut 250000 jobs in November, an unexpectedly large number and the biggest in seven years, while the service sector, which powers most of the economy, posted its worst slump...
(Source: guardian.co.uk) read more...
Wednesday,
03 December 2008
Dealers submit $45.55 bln bids at $37.50 bln Fed TSLF auction
NEW YORK, Dec 3 (Reuters) - Primary dealers submitted $45.55 billion of bids for the $37.50 billion of Treasuries offered on Wednesday in the Federal Reserves 29-day Term Securities Lending Facility auction.
(Source: Reuters) read more...
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- State Street to cut up to 1800 jobs
- Vikings react to suspensions of Williams Wall
- Union concessions may improve prospects for auto bailout
- Financial industry pushes for lower mortgage rates
- Adobe issues disappointing outlook, will cut jobs
- Fed paints dreary economic picture
- Neuberger Team Wins Bid for Lehman Unit
- Freeport to Cut 20% of US Staff Amid Metals Rout (Update1)
- French power company in hunt for Constellation
- UBS: More former executives forgo pay, bonuses
- ArcelorMittal May Cut 9000 Jobs Across the World (Update3)
- Black Friday At Toys R Us
- Obama Says Thanksgiving Comes During a ‘Time of Great Trial’
- OPEC Has All Options Open, Including Cut, Libya Says (Update2)
- GM Said to Study Shedding Saturn, Saab, Pontiac to Win US Aid
- Ford Resists Change to Mulallys Pay
- European, Asian stocks higher despite gloomy data
- Town officials wary of casinos alcohol proposal