CHICAGO, Oct. 8, 2008 (Reuters) A London businessman may have to put off his wedding. A Hong Kong housewife is too worried to make investments. A student in Slovenia sees an automobile loan fall out of reach. And a real estate agent in Chicago says she's just plain scared. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) American International Group Inc could get nearly $38 billion in fresh cash under a program announced by the Federal Reserve on Wednesday, as the insurer tried to fend off criticism of a lavish event held days after getting an initial $85 billion government loan. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Citigroup Inc and Wells Fargo & Co agreed to extend their legal standstill for two more days as they scrambled to come to a deal that could see them divvy up troubled regional lender Wachovia Corp . ... > full story
, Oct. 8, 2008 (Reuters) Morgan Stanley widened its third-quarter loss outlook on Merrill Lynch & Co Inc , citing increased writedown expectations and lower revenue. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Wal-Mart Stores Inc said September same-store sales rose in line with its forecast as shoppers flocked to its stores for bargains on necessities. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Bank of America and the Royal Bank of Canada have agreed to settle allegations that they made misrepresentations in marketing and sales of auction-rate securities, authorities said on Wednesday. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Wireless chipmaker Broadcom Corp filed a complaint in federal court against rival Qualcomm Inc , charging patent misuse, the latest round in their battle over cell phone technology licensing. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Pending sales of existing U.S. homes unexpectedly jumped in August to the highest in over a year, data from a real estate trade group showed on Wednesday. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Bank of America Corp shares tumbled nearly 7 percent on Wednesday, adding to this week's steep drop, as investors saw the bargain price for its share offering as a cue to sell. ... > full story
NEW YORK, Oct. 8, 2008 (Reuters) Shares in Yahoo Inc dropped as much as 9.5 percent in early trading on Wednesday after two groups of Wall Street analysts cut their price targets for the Web company's stock due to a weakening display advertising outlook. ... > full story
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Fed Eyes Pimco to Manage New Facility Oct. 8, 2008 (The Street) The New York Federal Reserve on Wednesday said it was in discussions with Pimco about managing assets in support of a new mechanism through which ...
Ripple effect for CityScape Oct. 8, 2008 (NBC 12 Phoenix (KPNX)) Wachovia Corp.'s dueling suitors could have an impact on a $900 million downtown Phoenix development.. . The bank was in talks with Citigroup ...
For Merrill Brokers The Waiting Is the Hardest Part Oct. 8, 2008 (Morningstar) Merrill Lynch & Co.'s (MER) financial advisors are growing impatient.. While brokers at Lehman Brothers Holdings Inc. (LEHMQ) were recently offered ...
Court revives antitrust case against Whole Foods deal Aug. 4, 2008 (Natural Products Magazine) A US appeal court has revived an antitrust case brought by the Federal Trade Commission (FTC) against Whole Food Market's acquisition of smaller ...