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Business221 - 240 of 859 articles
Paulson: TARP Can't Cover Detroit
ABC News: Top Stories - 3 days ago
Treasury Secretary Paulson: bank bailout cash should not be sent to automakers.
Topics: Top Stories, Business
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Treasury's Paulson: Must preserve bailout funds (Reuters)
Yahoo! News: Business - 3 days ago
U.S. Treasury Secretary Henry Paulson (L) and Federal Reserve Chairman Ben Bernanke arrive to testify at the House Financial Services Committee hearing on 'Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability' on Capitol Hill in Washington November 18, 2008. (Kevin Lamarque/Reuters)Reuters - Treasury Secretary Henry Paulson on Tuesday said the unpredictable nature of the current financial crisis meant it was necessary to ensure that financial bailout money was not diverted to other uses.
Topics: Business
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Cuban responds to SEC, says no secrecy deal (Reuters)
Yahoo! News: Business - 3 days ago
Dallas Mavericks' owner Mark Cuban yells out from courtside during Game 5 of their NBA Western Conference quarterfinal playoff basketball against the Golden State Warriors game in Dallas, Texas, in this May 1, 2007 file photo. (Jessica Rinaldi/Files/Reuters)Reuters - Billionaire basketball team owner Mark Cuban responded to U.S. insider trading charges on Tuesday, saying on his website that he had not agreed to keep information about a proposed stock sale confidential.
Topics: Business
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Money's Safe Haven Not So Safe: First Stocks, Now Money Markets?
ABC News: Top Stories - 3 days ago
Even the once safe haven for money now doesn't look quite as safe.
Topics: Business, Top Stories
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Yahoo Searching for New CEO and an Identity
washingtonpost.com - Business - 2 days ago
The day after Yahoo announced the imminent departure of chief executive and co-founder Jerry Yang, the stock market applauded.
Topics: Technology, Business
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Will Auto Workers Derail Their Own Bailout?
ABC News: US - 3 days ago
The UAW and automakers want a loan, but union doesn't want to give up too much.
Topics: Business, U.S.
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Producer Prices Plunge in October
NYT > Business - 3 days ago
Wholesale prices dropped 2.8 percent in October, the biggest one-month decline on records that go back more than 60 years as energy prices fell.

Topics: Business
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Stock futures point to weaker Wall Street opening (Reuters)
Yahoo! News: Business - 3 days ago
Traders work on the floor of the New York Stock Exchange, November 17, 2008. (Brendan McDermid/Reuters)Reuters - Stock futures pointed to a lower Wall Street open on Tuesday, with futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 down 1.5 to 1.8 percent at 5:54 a.m. EST.
Topics: Business
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Ford to Shed 20% Stake in Mazda but Ties to Remain
NYT > Business - 3 days ago
Ford will end 12 years of control of Mazda through the sale of a 20 percent stake in the Japanese carmaker.

Topics: Business
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October producer prices fall by record 2.8 percent (Reuters)
Yahoo! News: Top Stories - 3 days ago
A man fills up his pickup truck at a gas station in Charlotte, North Carolina, September 29, 2008. (Chris Keane/Reuters)Reuters - Producer prices fell a record 2.8 percent in October as energy prices slid, government data on Tuesday showed, but a measure of core inflation at the farm and factory gate rose more than forecast.
Topics: Top Stories, Business
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Stocks Weaken in Europe and Asia
NYT > Business - 3 days ago
Every Asian market fell, as investors in the region caught up with Monday?s drop on Wall Street, while European markets were off as well.

Topics: Business
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Automakers Make Their Case for Federal Help
NYT > Business - 3 days ago
The heads of Detroit?s Big Three automakers and the United Auto Workers union were arguing for federal assistance before a Senate committee.

Topics: Business
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FTSE-100 up 76.39 points at 4,208.55 (AP)
Yahoo! News: Business - 2 days ago
AP - Share prices on the London Stock Exchange closed higher Tuesday.
Topics: Business
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Home Depot?s Profit Falls as Consumers Slow Spending
NYT > Business - 3 days ago
Home Depot, the home improvement retail chain, reported a 31 percent drop in quarterly profit as consumers put off big-ticket projects amid a deepening economic crisis.

Topics: Business
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Mazda to announce change in major shareholder (Reuters)
Yahoo! News: Business - 3 days ago
A cleaner walks past rows of brand new Mazda cars outside a motor factory in Haikou, south China's Hainan province October 10, 2006. (Vito Lee/Reuters)Reuters - Japan's Mazda Motor Corp (7261.T) said on Tuesday it would announce major-shareholder changes amid reports that Ford Motor Co would shed a stake of about 20 percent in its affiliate.
Topics: Business
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Home Depot profit falls, but beats Street view (Reuters)
Yahoo! News: Business - 3 days ago
A Home Depot store sign is seen in New York, August 18, 2008. A (Shannon Stapleton/Reuters)Reuters - Home Depot Inc reported a 31 percent drop in quarterly profit on Tuesday as consumers put off big-ticket projects amid a deepening economic crisis.
Topics: Business
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GE says finance arm changes to save $2 billion in '09 (Reuters)
Yahoo! News: Business - 3 days ago
Reuters - General Electric Co said on Tuesday it was reorganizing its finance arm, GE Capital, with an eye toward saving $2 billion next year.
Topics: Business
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Federal Court Upholds Drug Privacy Law
NYT > Business - 2 days ago
The court upheld the right of states to prohibit the sale of doctor-specific prescription drug data that is widely used in pharmaceutical marketing.

Topics: Business, Health
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Auto Industry Collapse May Affect 13M Jobs
ABC News: Business - 3 days ago
Automakers plead for $25B bailout, which critics say is undeserved.
Topics: Business
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Asian Banks Now Affected by World Financial Crisis
NYT > Business - 3 days ago
HSBC announced that it would cut 500 jobs in Asia. And Citigroup?s roughly 50,000 employees in the were faced with the reality that some of job cuts announced Monday could hit them.

Topics: Business
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