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submitted by Robby for team staff news 12 hours 52 minutes ago
NEW YORK (AP) -- Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses....
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submitted by Robby for team staff news 13 hours 51 minutes ago
Not since Roosevelt in 1933 has an incoming US president had a tougher economic challenge to face than Barack Obama. He is still piecing together his Treasury team but he doesn't need a pointy-headed academic to tell him the economy has hit the wall. The housing...(more)
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submitted by Robby for team staff news 19 hours 51 minutes ago
AP - Ukraine's president on Friday accused the prime minister of saddling the country with a huge debt to Russia and said her government must urgently repay $2.4 billion owed for gas imports.
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submitted by Robby for team staff news 19 hours 51 minutes ago
The national average price for a gallon of gasoline has fallen below $2 for the first timel since March 2005, the Energy Department ...
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submitted by Robby for team staff news 17 hours 51 minutes ago
BBC Wales controller Menna Richards says a decision to reject local news websites with video content is very disappointing.
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submitted by Robby for team staff news 9 hours 52 minutes ago
General Motors yesterday belatedly promised to give up two of its five leased executive jets, after its boss had used one to fly to Washington to plead for more government cash in order to stay in business.The US car firm said less symbolic cuts were also...(more)
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submitted by Robby for team staff news 22 hours 52 minutes ago
WASHINGTON (AP) -- The White House says President Bush signed into law a bill that Congress approved to keep unemployment checks flowing to jobless Americans through the holiday season....
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submitted by Robby for team staff news 23 hours 52 minutes ago
NEW YORK (AP) -- JPMorgan Chase & Co. is shedding about 10 percent of its investment bank staff in an effort to better weather the global economic slowdown....
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submitted by Robby for team staff news 21 hours 52 minutes ago
LONDON (AP) -- Home repossessions in Britain jumped 12 percent to 11,300 in the third quarter from the previous quarter, the Council of Mortgage Lenders said Friday, more evidence that the financial crisis is taking its toll on households and the ailing housing market....
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submitted by Robby for team staff news 21 hours 52 minutes ago
LONDON (AP) -- The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered pace in November amid mounting recession fears and the deepening financial crisis, a closely watched survey showed Friday....
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submitted by Robby for team staff news 16 hours 52 minutes ago
BRASILIA, Brazil (AP) -- Brazil called its ambassador to Ecuador back home for consultations on Friday after Ecuador said it won't pay the debt it owes to a Brazilian bank....
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submitted by Robby for team staff news 1 day 1 hour 51 minutes ago
WASHINGTON - Lawmakers failed to reach agreement yesterday on a proposal to provide $25 billion in emergency aid to the desperate auto industry, but they left open the possibility they could return after Thanksgiving and try again.
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