NEW YORK, Jan. 5, 2009 (Reuters) — The Federal Reserve on Monday kick-started its latest unconventional program to boost the moribund economy, this time taking aim at the heart of the slumping housing market. ... > full story
NEW YORK, Jan. 2, 2009 (Reuters) — Viacom and Time Warner Cable reached an agreement in principle on Thursday that avoided a blackout that would have prevented more than 13 million U.S. subscribers from seeing popular TV shows like "Dora the Explorer" and "The Daily Show with Jon Stewart." ... > full story
Dec. 31, 2008 (Reuters) — A prominent Wall Street economist, Hollywood actor Kevin Bacon and his wife are the latest people to have lost money on investments connected to accused swindler Bernard Madoff, according to media reports. ... > full story
NEW YORK, Dec. 31, 2008 (Reuters) — LyondellBasell Industries AF SCA has told lenders it is considering filing for bankruptcy protection, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. ... > full story
HONG KONG, Dec. 30, 2008 (Reuters) — Hong Kong's government may accept equity rather than cash as repayment for part of a HK$6.1 billion (US$782 million) loan it gave to Hong Kong Disneyland, its loss-making joint venture with Walt Disney Co , a local newspaper said on Wednesday. ... > full story
SHANGHAI, Dec. 30, 2008 (Reuters) — China's Lenovo Group <0992.HK>, the world's No.4 personal computer maker, is considering a restructuring because of tough economic conditions, China Business News reported on Wednesday. ... > full story
SINGAPORE, Dec. 30, 2008 (Reuters) — Outgoing U.S. Treasury Secretary Henry Paulson said the U.S. government had to battle the financial crisis without the tools needed to do the job effectively, the Financial Times newspaper reported on Wednesday. Paulson also said any future regulatory overhaul needed to ensure that financial system infrastructure could allow for the failure of large institutions. ... > full story
LOS ANGELES, Dec. 30, 2008 (Reuters) — Bratz dolls and products, which had been ordered off the shelves for infringing on patents held by Barbie maker Mattel Inc, will receive an 11th-hour reprieve, their manufacturer said on Tuesday. ... > full story
SINGAPORE, Dec. 30, 2008 (Reuters) — Singapore Airlines , the world's largest carrier by market value, may ask its pilots from its cargo arm to take unpaid leave in a bid to cut costs and reduce capacity, a newspaper reported on Wednesday. ... > full story
LOS ANGELES, Dec. 30, 2008 (Reuters) — MGA Entertainment Inc was given an eleventh-hour reprieve on Tuesday when a U.S. judge ruled it can continue selling its Bratz doll line through the end of 2009, the company's CEO and attorney said. ... > full story
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Tiger shelves joint-venture Dec. 30, 2008 (The Straits Times, Singapore) — SINGAPORE low-cost carrier Tiger Airways has shelved plans to set up a joint-venture airline in Korea. . Citing a weak global economic situation ...
China Eastern sinks 5.4 pct after opening higher Dec. 29, 2008 (CNBC) — China Eastern Airlines sank more than 5 percent after opening higher on Tuesday, as investors moved to lock in gains on a sharp run up in the stock ...
India travel agents boycott SIA Dec. 29, 2008 (The Straits Times, Singapore) — TRAVEL agents in India have stopped selling Singapore Airlines tickets, vowing that sales will resume only if the airline agrees to reinstate their ...
JAL may cut capital spending Dec. 25, 2008 (The Straits Times, Singapore) — JAPAN Airlines Corp (JAL) said on Friday it may slash its capital spending budget for the three years to March 2011 by nearly a quarter, prompted ...
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