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Wall Street gains as oil slips

NEW YORK, Aug. 11, 2008 (Reuters) — Stocks rose on Monday as oil prices closed lower for a sixth day, improving prospects for consumer and business spending. ...  > full story

Deutsche Bank writedowns swell beyond $11 billion

FRANKFURT, July 31, 2008 (Reuters) — Deutsche Bank AG announced $3.6 billion of fresh writedowns on Thursday, taking its bill from the financial crisis beyond $11 billion and putting it among the top ten global casualties of the turmoil. ...  > full story

Ex-CS broker missing as securities probe nears: report

, July 31, 2008 (Reuters) — A former Credit Suisse broker under investigation for fraud in a suspected auction rate securities scam may have fled to his native Bulgaria, the Wall Street Journal reported on Thursday, citing people familiar with the case. ...  > full story

Global stocks, euro shrug off inflation, U.S. GDP eyed

LONDON, July 31, 2008 (Reuters) — Global stocks ticked higher on Thursday in the afterglow of a concerted central bank move to boost liquidity but a rebound in oil and disappointing results from some major companies capped gains. ...  > full story

Nissan offering buyouts to Tennessee plant workers

DETROIT, July 31, 2008 (Reuters) — Nissan Motor Co <7201.T> said on Wednesday that it would offer buyouts of up to $125,000 to workers at two plants in Tennessee to cut costs as the company reduces truck production in response to a sales slump. ...  > full story

Google considering venture capital arm: report

SAN FRANCISCO, July 31, 2008 (Reuters) — Google Inc is considering setting up its own venture capital investment arm, the Wall Street Journal said on Wednesday, citing several people briefed on the discussions. ...  > full story
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