WASHINGTON, Dec. 5, 2008 (Reuters) — The U.S. auto industry's drive for a $34 billion emergency taxpayer bailout was stuck in neutral on Friday as the chief executives of Detroit's Big Three began a second day of testimony on Capitol Hill. ... > full story
CHICAGO, Dec. 2, 2008 (Reuters) — Bargain-hunting holiday shoppers did not save U.S. retail sales in November, which will likely represent a second straight month of declines for the industry. ... > full story
LONDON, Dec. 2, 2008 (Reuters) — World stocks fell on Tuesday, erasing more than half of last week's gains, while oil hit a 3-1/2 year low and the yen and government bonds surged as concerns intensified about a deep global recession. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — If Barack Obama were a corporate chief executive, the incoming U.S. president already would be winning high marks for his management style, experts say. ... > full story
Dec. 2, 2008 (Reuters) — The U.S. Department of Justice has expanded its criminal investigation into foreign banks that sell offshore private banking services to include Credit Suisse and HSBC Holdings , The New York Times said, citing people briefed on the matter. ... > full story
LOS ANGELES, Dec. 2, 2008 (Reuters) — Blockbuster Inc said it has struck a deal to sell tickets for top U.S. concert producer Live Nation, a tie-up that it expects to drive more traffic to its stores and Live Nation hopes will quell consumer ire over rising ticket prices and uneven availability. ... > full story
AMSTERDAM, Dec. 1, 2008 (Reuters) — Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday. ... > full story
NEW YORK, Dec. 1, 2008 (Reuters) — JPMorgan Chase & Co said on Monday it will eliminate about 9,200 jobs at the former Washington Mutual Inc , which on September 25 became the largest U.S. bank to fail. ... > full story
BARCELONA, Dec. 1, 2008 (Reuters) — Nokia, the world's largest cellphone maker, will unveil an "interesting" phone to strengthen its product and service offerings later on Tuesday, a company official said late on Monday. ... > full story
SAN FRANCISCO, Dec. 1, 2008 (Reuters) — A U.S. jury on Monday cleared Chevron Corp of liability charges arising from a violent clash on one of its oil platforms off the coast of Nigeria a decade ago. ... > full story
Copyright Reuters 2008. See Restrictions for more details.
More than 1,800 leave Chrysler here Dec. 5, 2008 (TMCnet.com) — More than 1,800 workers among Chrysler LLC's two Fenton plants have decided to leave voluntarily or retire, which means more than 500 laid-off ...
National auto woes trickle down locally Dec. 5, 2008 (Roanoke Times, Virginia) — By Jenny Kincaid Boone . . This week as the nation's largest automakers lobby lawmakers for an infusion of funds to save their troubled companies ...
$97.5 million to settle Bayer kickback case Nov. 26, 2008 (Ventura County Star) — German medical conglomerate Bayer will pay $97.5 million to settle U.S. government allegations that it paid kickbacks to medical suppliers to boost ...
Reuters Business Summary Apr. 22, 2008 (Conde Nast Portfolio) — Yahoo profit tops Wall Street view. . Yahoo Inc posted a higher-than-expected quarterly profit on Tuesday, as it seeks to fend off Microsoft Corp's ...
Subscribe
Print
Email
Bookmark
