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Latest News

Democrats demand Big 3 offer survival plan (Reuters) -

Speaker of the House Nancy Pelosi (D-CA)(R) and Senate Majority leader Harry Reid (D-NV) hold a news conference to discuss proposed automobile bailout legislation on Capitol Hill in Washington, November 20, 2008. (Jim Young/Reuters)Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.


Fri, 21 Nov 2008 06:51:51 GMT
Asia stocks bounce back from 5-year low (Reuters) -

The logo of the Tokyo Stock Exchange is seen in Tokyo November 20, 2008. (Kim Kyung-Hoon/Reuters)Reuters - Asian stock markets rebounded from a five-year low on Friday as a variety of rumors such as China cutting interest rates later in the day prompted investors to cover short positions before the weekend.


Fri, 21 Nov 2008 06:49:34 GMT
Dell sees China sales down (Reuters) - Reuters - Dell Inc's sales in China slowed last quarter, but Beijing's economic stimulus measures are likely to boost technology spending, the world's No. 2 personal computer maker said on Friday. Fri, 21 Nov 2008 06:17:12 GMT
Citigroup eyes options including merger (Reuters) -

Pedestrians walk past a Citibank branch in Singapore November 18, 2008. (Vivek Prakash/Reuters)Reuters - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.


Fri, 21 Nov 2008 03:02:36 GMT

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