NEW YORK, Nov. 21, 2008 (Reuters) — President-elect Barack Obama wants New York Federal Reserve President Timothy Geithner as his Treasury secretary, news that sparked a stock market surge on Friday and fostered confidence that Obama may be taking up the U.S. economic reins before his inauguration in January. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) — Citigroup Inc Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health and investor confidence, but shares still tumbled for a fifth straight day. ... > full story
NEW YORK, Nov. 20, 2008 (Reuters) — Citigroup Inc is looking at multiple options as its share price sinks, including selling businesses, selling shares, or merging with another firm, a person familiar with the matter said. ... > full story
SAN FRANCISCO, Nov. 19, 2008 (Reuters) — The government is investigating if homeowners were misled by California bank and mortgage issuer Golden West Financial, which was acquired by Wachovia Corp -- another possible victim. ... > full story
DETROIT/WASHINGTON, Oct. 31, 2008 (Reuters) — Six U.S. governors and a group of chief executives on Thursday urged the Bush administration in a letter to aid the embattled auto industry while the White House rebuffed a request for direct support of a merger between GM and Chrysler. ... > full story
NEW YORK/DETROIT, Oct. 31, 2008 (Reuters) — A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said. ... > full story
WASHINGTON, Oct. 30, 2008 (Reuters) — The U.S. Treasury Department is not negotiating with General Motors Corp and the owners of Chrysler LLC on a request to provide direct government aid to their proposed merger, a Bush administration official said on Thursday. ... > full story
WASHINGTON, Oct. 30, 2008 (Reuters) — The U.S. Treasury Department is not negotiating with General Motors Corp and the owners of Chrysler LLC on a request to provide direct government aid to their proposed merger, a Bush administration official said on Thursday. ... > full story
DETROIT, Oct. 24, 2008 (Reuters) — Chrysler LLC is targeting about 5,000 white-collar job cuts, reducing capital spending and planning additional restructuring steps due to the deepening slump in the U.S. auto industry and weak economic conditions. ... > full story
LONDON, Oct. 23, 2008 (Reuters) — Goldman Sachs Group Inc plans to cut 10 percent of its total staff, or almost 3,300 jobs, a source familiar with the matter said on Thursday. ... > full story
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Commercial Banks companies shares down at the close of trading Nov. 19, 2008 (Canadian Business Online) — Shares of some top commercial banks companies were down at the close of trading:. . First Horizon fell $.77 or 7.6 percent, to $9.41.. . National ...
Curse of the falling gas prices Nov. 1, 2008 (Boston Globe) — THERE IS no recession. So what if Americans have dying 401(k)s, are getting foreclosed on their homes, or are telling their children they cannot ...
Quotes of Note Nov. 1, 2008 (Boston Globe) — It was something he was looking forward to for months."-- Dr. CHARLES BIZILJ, father of Christopher Bizilj, 8, who was killed when the Uzi machine ...
Poll: U.S. voters in Israel prefer McCain Nov. 1, 2008 (Haaretz, Israel) — According to an exit poll released yesterday, American citizens who voted in the U.S. presidential elections via absentee ballots from Israel ...
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