CHICAGO/WASHINGTON, Dec. 3, 2008 (Reuters) — Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack Obama's transition team about the idea, an Obama aide said on Wednesday. ... > full story
NEW YORK, Dec. 3, 2008 (Reuters) — Treasury secretary Henry Paulson is debating whether to ask Congress for the next $350 billion in the $700 billion U.S. bailout, the Wall Street Journal reported on its website on Tuesday. ... > full story
NEW YORK, Dec. 3, 2008 (Reuters) — An investor lawsuit contends that Citigroup Inc insiders, including senior counselor and former U.S. Treasury Secretary Robert Rubin, sold more than $150 million of their own shares at inflated prices while concealing the bank's true financial health. ... > full story
Dec. 3, 2008 (Reuters) — Wall Street analysts expect a tough fourth quarter for Goldman Sachs Group Inc and Morgan Stanley , laden with significant write-downs amid challenging global markets. ... > full story
HONG KONG, Dec. 2, 2008 (Reuters) — China Investment Corp, the sovereign wealth fund that has incurred steep paper losses on its stakes in U.S. financial firms, said on Wednesday it is "not brave enough" to invest in foreign financial firms and lacks confidence in the shifting U.S. financial regulatory situation. ... > full story
DETROIT, Dec. 2, 2008 (Reuters) — General Motors Corp warned the U.S. government on Tuesday that it needs a $4 billion loan by the end of December or else it faces the risk of immediate failure. ... > full story
WASHINGTON, Dec. 2, 2008 (Reuters) — Senate Majority Leader Harry Reid said on Tuesday he plans to offer some sort of legislation for ailing U.S. automakers on Monday. ... > full story
DETROIT, Dec. 2, 2008 (Reuters) — Chrysler LLC on Tuesday asked the U.S. government for an emergency $7-billion bridge loan by the end of the year, saying it needs the funds to survive a brutal downturn in sales that has depleted its cash reserves. ... > full story
WASHINGTON, Dec. 2, 2008 (Reuters) — House of Representatives Democratic Leader Steny Hoyer said on Tuesday he hoped Congress will be able to take action next week on struggling U.S. auto manufacturers' requests for federal financial aid. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — If Barack Obama were a corporate chief executive, the incoming U.S. president already would be winning high marks for his management style, experts say. ... > full story
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Culver pushes for federal projects Dec. 2, 2008 (Cedar Rapids Gazette, Iowa) — Gov. Chet Culver called Tuesday for more federal investments in construction projects to spur jobs and less red tape on disaster aid and wind ...
Fuel Cells On The Road, Again Dec. 2, 2008 (Information Week) — Toshiba said last week at Japan's CEATEC show that it would begin incorporating fuel cells into some mobile products, including cell phones and ...
Green Jobs And Fuzzy Math Dec. 2, 2008 (Information Week) — How many jobs can be created through a clean-energy economy?. . Somewhere between "millions" (John McCain) and "five million" (Barack Obama) ...
Dingell Learns The Hard Way Nov. 23, 2008 (NY Daily News) — Memo to Rep. John Dingell (D-Mich.): The world has changed, but you and the Big Three automakers you boost have not.. . A top Capitol Hill source ...
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