MUMBAI, Jan. 8, 2009 (Reuters) — Investors in Satyam Computer Services Ltd's American Depositary Receipts (ADRs) have filed two class action suits against the Indian software services firm, the law firms representing the investors said on Thursday. ... > full story
LONDON, Jan. 8, 2009 (Reuters) — World stocks and metal prices fell on Thursday after bleak data and poor corporate earnings stoked gloom about the economic outlook, while sterling eased against the dollar before the Bank of England's interest rate decision. ... > full story
Jan. 8, 2009 (Reuters) — Citigroup Inc is leading other lenders in advanced talks with key U.S. senators on legislation that would allow judges to set new repayment terms for millions of mortgage holders who wind up in bankruptcy court, the Wall Street Journal said, citing people involved in the talks. ... > full story
NEW YORK, Jan. 8, 2009 (Reuters) — Lyondell Chemical Co received bankruptcy court approval on Wednesday to access more than $2 billion in interim debtor-in-possession financing and an emergency $100 million loan, saying it had run out of cash. ... > full story
NEW YORK, Jan. 8, 2009 (Reuters) — A monthly gauge of online labor demand in the United States slid in December, suggesting job conditions worsened with the economy stuck in a recession, a private employment group said on Thursday. ... > full story
NEW YORK, Jan. 7, 2009 (Reuters) — Wells Fargo & Co Chief Executive Officer John Stumpf, whose company acquired Wachovia Corp, said on Wednesday that minimizing job losses will be a priority but added that some cuts would begin this year. ... > full story
CHICAGO, Jan. 7, 2009 (Reuters) — FedEx Corp has cut its marketing budgets by more than 25 percent in 2009 as part of its response to the bleak U.S. economy, the package delivery giant said on Wednesday. ... > full story
NEW YORK, Jan. 7, 2009 (Reuters) — When U.S. central bankers eventually move to wean markets off the emergency support put in place to rescue the economy, they will face the difficult and delicate task of timing it right. ... > full story
NEW YORK, Jan. 7, 2009 (Reuters) — Volatile markets have saddled U.S. companies with a $409 billion deficit on pension plans, reversing a $60 billion surplus a year earlier, and will cut into earnings in 2009, consulting firm Mercer said. ... > full story
BOSTON, Jan. 7, 2009 (Reuters) — EMC Corp , the world's biggest maker of data storage equipment for businesses, said it plans to cut 2,400 jobs, or 6 percent of its staff, to help weather the global recession, and its shares rose 7 percent. ... > full story
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Prosecutor seeks info from Cordray Jan. 7, 2009 (Dayton Daily News) — On his last day as state treasurer on Tuesday, Jan. 6, Democrat Richard Cordray received a public records request from the Franklin County ...
Wachovia: Radio Revenues To Drop 13% In '09 Jan. 7, 2009 (MediaPost Publications) — by Erik Sass, 15 minutes ago The hits just keep on coming. In her latest note to investors, Wachovia analyst Marci Ryvicker revised her already ...
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