WASHINGTON/BOSTON, Nov. 13, 2008 (Reuters) — Some of the world's richest hedge fund managers conceded on Thursday that their secretive investment industry would have to disclose more information to satisfy financial regulators. ... > full story
DETROIT, Nov. 13, 2008 (Reuters) — Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid, while Chrysler said it would be "very difficult to survive" without government support. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — Senators asked the nation's biggest banks on Thursday to explain how they are using the billions of taxpayer dollars provided to them under a massive government bailout program. The answers were mixed. ... > full story
TORONTO, Nov. 13, 2008 (Reuters) — The current market environment is rife with challenges and requires careful planning of strategy, the co-CEO of Research In Motion said on Thursday as an analyst warned that sales of RIM's BlackBerry smartphones would likely slow. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Video game sales are expected to be strong this year and in 2009, despite the economic troubles that have hurt some of the retail stores that sell the games, industry executives said on Thursday. ... > full story
BOSTON, Nov. 13, 2008 (Reuters) — General Electric Co confirmed on Thursday it plans to pay a dividend through the end of 2009, but shares of the U.S. conglomerate remained down sharply. ... > full story
WINONA, Minnesota, Nov. 13, 2008 (Reuters) — The Federal Reserve has taken appropriate action to stem the worst credit crisis in decades, but the situation highlights the urgent need for reforms, a top Fed policy-maker said on Thursday. ... > full story
PALM DESERT, California, Nov. 13, 2008 (Reuters) — Chrysler Chief Executive Bob Nardelli said on Thursday that it would be "very difficult" for the struggling No. 3 U.S. automaker to survive without government support. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Sumner Redstone managed to halt, at least temporarily, major drops in shares of CBS Corp and Viacom Inc by repeating on Thursday his promise not to sell any more stock in either media company. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — The Bush administration could quickly disburse $25 billion in loans to U.S. automakers if Congress amends the 2007 energy act that authorized the loan program, a top Bush administration official said on Thursday. ... > full story
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Hedge fund execs mixed on oversight Nov. 13, 2008 (Colorado Springs Gazette) — WASHINGTON Five prominent hedge fund managers on Thursday told Congress they support a new central exchange to open the murky world of some complex ...
Midway Games stock sinks Nov. 12, 2008 (Hollywood Reporter) — Get THR Mobile Alerts FREE Newsletters Midway Games stock plunged 23% to an all-time low of 43 cents a share on Monday, the first trading day after ...
Midway Games' quarterly loss widens Nov. 11, 2008 (Chicago Tribune) — Chicago-based Midway Games posted a net loss of $75.9 million in the third quarter, widening from a net loss of $33.5 million a year earlier, but ...
Mass. high court gives life to Redstone lawsuit Nov. 7, 2008 (Boston Globe) — The highest court in Massachusetts has given renewed life to a lawsuit filed by the nephew of Sumner Redstone that claims the entertainment mogul ...
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