Steven Wevodau - US judge grants capital Metro transit relief from Belgian demand for - MSN UK News

US judge grants capital Metro transit relief from Belgian demand for - MSN UK News
A U.S. federal judge has granted temporary relief to the Washington area's transit agency after a Belgian bank threatened to collect immediately US$43 million owed on a loan. KBC Group requested the money after the collapse of insurance giant

Government presses Wall Street to cut bonuses - International Herald Tribune
NEW YORK : Wall Street is coming under mounting political pressure to cut bonuses for top executives, traders and bankers in what was already expected to be a down year for pay. Under pressure from members of Congress to curtail compensation, banks

Plant City Farmers to Plead Guilty to Fraud - The Ledger
TAMPA -- The owners of two Hillsborough strawberry and pepper farms have agreed to plead guilty to more than $1-million in insurance fraud and filing false tax returns, according to federal court records. Goodson Farms in Balm will plead guilty to

Steven Wevodau - U.S. auto aid pleas mount; Treasury says no GM talks (Reuters)

U.S. auto aid pleas mount; Treasury says no GM talks (Reuters)

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.

Steven Wevodau - Oil up 7 percent on weak dollar, Fed rate cut (Reuters)

Reuters - Oil jumped more than 7 percent on Wednesday as the dollar fell after the Federal Reserve cut U.S. interest rates.

Steven Wevodau

Reuters - Speculators on Wednesday scooped up call options in Exxon Mobil Corp , hoping to catch a share price rally on prospects of a positive earnings report, according to one options analyst. Steven Wevodau

Reuters - The United States and China kicked off what is likely to be a global round of interest rate cuts, part of a barrage of measures deployed around the world to fight a deep economic slowdown.

Steven Wevodau

AP - A major shareholder in Target Corp. pitched a plan to Wall Street on Wednesday that would spin off the discount retailer's real estate holdings as a separate entity as a way to increase the value of the company and its shares. Steven Wevodau

Reuters - New York Attorney General Andrew Cuomo, who negotiated executive payment clawbacks by American International Group Inc as it received a taxpayer bailout, warned nine banks receiving government money on Wednesday that using the funds for bonus payments may be illegal under state law. Steven Wevodau

Reuters - U.S. stocks fell on Wednesday as a big rally faltered in the last minutes of trading on worry about the weakening corporate profit picture after a news report raised questions about General Electric's earnings outlook.

Steven Wevodau

Reuters - General Motors Corp and Cerberus Capital Management have resolved the major issues in a proposed GM-Chrysler merger, but the final form of any deal would depend on the financing and government support available, sources familiar with the talks said on Wednesday.

Steven Wevodau

Steven Wevodau - Oil up 7 percent on weak dollar, Fed rate cut (Reuters)

Oil up 7 percent on weak dollar, Fed rate cut (Reuters)

Reuters - Oil jumped more than 7 percent on Wednesday as the dollar fell after the Federal Reserve cut U.S. interest rates.

Dow and S&P 500 fall on profit worry, GE outlook report (Reuters)

Reuters - U.S. stocks fell on Wednesday as a big rally faltered in the last minutes of trading on worry about the weakening corporate profit picture after a news report raised questions about General Electric's earnings outlook.

NYAG Cuomo warns nine banks about bonus payments (Reuters)
Reuters - New York Attorney General Andrew Cuomo, who negotiated executive payment clawbacks by American International Group Inc as it received a taxpayer bailout, warned nine banks receiving government money on Wednesday that using the funds for bonus payments may be illegal under state law.

Ackman proposes Target spin off property company (AP)
AP - A major shareholder in Target Corp. pitched a plan to Wall Street on Wednesday that would spin off the discount retailer's real estate holdings as a separate entity as a way to increase the value of the company and its shares.

Larry Kleinmintz - Government denies auto-parts finance request - Reuters Canada

Government denies auto-parts finance request - Reuters Canada
OTTAWA (Reuters) - The Canadian government has no plans to meet a request from the auto-parts industry for special financing, Industry Minister Jim Prentice said on Tuesday, arguing that improved general financing is available. "Effectively the

Kuwait's Gulf Bank eyes capital hike, merger - Forbes
KUWAIT, Oct 28 (Reuters) - Kuwait's Gulf Bank is considering a capital increase or even a merger to shore up its business, the bank said on Tuesday, two days after the central bank stepped in to support it following losses in trading currency

Finance Industry Workers Demand Job Protection - MSN MoneyCentral
LONDON , October 28 /PRNewswire/ -- Finance sector workers have launched a 'Social Contract' today (Tuesday 28th October) and demanded changes to the structure of the finance services sector. With a life size 'Social Contract' workers from the

Mexico's Peso Bonds Rally on Plan to Cut Long-Term Debt Sales - Bloomberg
Oct. 28 (Bloomberg) -- Mexican peso-denominated bonds surged after the government said it will pare back sales of longer-term securities because demand has waned amid the worst global financial crisis since the Great Depression. Yields on Mexico's

Kuwait bank seeks to stabilize after trading losses - International Herald Tribune
KUWAIT : Gulf Bank said Tuesday that it was considering a capital increase or even a merger to shore up its business, just days after the central bank of Kuwait stepped in to support it after losses in the trading of currency derivatives. With the

Canadian govt denies auto-parts finance request - Reuters
OTTAWA, Oct 28 (Reuters) - The Canadian government has no plans to meet a request from the auto-parts industry for special financing, Industry Minister Jim Prentice said on Tuesday, arguing that improved general financing is available. "Effectively

Merkel meets financial experts before G-20 summit - CNBC
BERLIN - German Chancellor Angela Merkel asked six financial experts Tuesday to draft suggestions for overhauling international markets before next month's Group of 20 summit on the crisis. Merkel did not elaborate on what was discussed at the

Mexico not seeking IMF credit line-govt official - Reuters
MEXICO CITY, Oct 28 (Reuters) - Mexico is not in talks with the International Monetary Fund for a line of credit, senior finance ministry official Gerardo Rodriguez told reporters on Tuesday. Rodriguez, who oversees the government's debt program

Sheriff hopefuls release campaign finance reports - Newton Kansan
Campaign finance reports filed Monday with the Harvey County clerk show at least one candidate scooping into their own pocket to help finance their campaign. According to the reports, Bruce Jolliff, who is running for Harvey County sheriff, has

Larry Kleinmintz - Travelers Designs Innovative Green Building Insurance for Small - MSN MoneyCentral

Staying in-synch with its customers who are adopting energy efficient and environmentally friendly business practices, Travelers (NYSE: TRV ) Select Accounts today launched its Master Pac Green Endorsement Enhancements for small businesses. Provided Larry Kleinmintz

Call 12 for Action is looking into how to get health insurance when you switch jobs and your new boss doesn't offer any. It's another in our series on helping you understand and cut your medical expenses. When you switch jobs and your new employer Larry Kleinmintz

CONCORD, N.H.— Three months after a tornado ripped a 50-mile swath through central New Hampshire, some residents still are caught in a swirl of red tape as they fight to rebuild their damaged or destroyed homes and get on with their lives. Arlene Larry Kleinmintz

Larry Kleinmintz - Bargain hunters drive sharp Wall Street rally (Reuters)

Bargain hunters drive sharp Wall Street rally (Reuters)

Reuters - Stocks rallied on Tuesday, with the Dow industrials briefly gaining more than 5 percent as investors scoured the market for bargains among beaten-down shares.

Steven Wevodau - Shares trim losses after early slump (AFP)

AFP - The London stock market fell sharply Monday but managed to trim its losses late in the day.

Steven Wevodau

Reuters - MasterCard Inc and Visa Inc said they agreed to pay credit card issuer and network Discover Financial Services Inc a total of $2.75 billion to settle a lawsuit over anti-competitive practices. Steven Wevodau

Reuters - Stocks closed at their lowest levels in 5-1/2 years on Monday, extending a global sell-off as worry about the severity of a global recession and the bleak outlook for profits gripped investors.

Steven Wevodau

Reuters - Car rental company Avis Budget Group Inc cut 700 jobs in the third-quarter and recorded a loss, before taxes, of more than $1 billion after writing down the value of certain assets, it said on Monday.

Steven Wevodau

AP - Wal-Mart Stores Inc., the world's largest retailer, is benefiting from shoppers turning to less-expensive stores to save money. Still, the company is scaling back its U.S. store growth for its namesake stores as it adjusts to a challenging economic environment. Steven Wevodau

Reuters - The U.S. government is considering direct financial assistance to facilitate a possible merger between General Motors Corp and Chrysler LLC, a private sector source familiar with Treasury discussions told Reuters on Monday.

Steven Wevodau

Steven Wevodau - The Investment Column: Wolfson could struggle as downturn bites - The Independent

It is easy to dismiss Wolfson Microelectronics, the group that supplies semiconductors for Apple's iPhone, from an investment point of view. The outlook for the company is horrible, it has missed out on some high-profile contracts and is in the Steven Wevodau

The seemingly unstoppable rise of the Japanese yen is raising the prospect that, for the first time in years, the Japanese government could intervene to stifle its surge. Finance chiefs of seven leading industrialized nations, known as the G-7, which Steven Wevodau

BRASILIA, Oct 27 (Reuters) - Finance ministers and central bank chiefs from Latin America called for reforms to the international financial system on Monday in an extraordinary meeting in Brazil's capital about the financial global crisis. Foreign Steven Wevodau

With heavy voter turnout expected, both parties are amassing thousands and thousands of lawyers to keep an eye on the polls on Election Day. Senator Barack Obama's campaign is expected to send at least 5,000 lawyers to Florida alone. The first Steven Wevodau

Action Alerts PLUS - $50 off Financial Advisor Update Portfolio Calculators TheStreet.com Mobile Stockpickr Street Answers Mad Money Performance Stock Screener Mutual Fund Screener ETF Screener Banks & Thrifts Screener Insurers & HMOs Screener Steven Wevodau

Autumn's market mayhem has left the world's financial institutions nursing losses of $2.8tn, the Bank of England said today, as it called for fundamental reform of the global banking system to prevent a repeat of turmoil "arguably" unprecedented Steven Wevodau

Spending cuts of up to Ft300bn ($1.4bn, €1.1bn, £897m) are likely to be the price Hungary will have to pay for a package of up to $12.5bn in financial support from the International Monetary Fund. The IMF announced late on Sunday that it was Steven Wevodau

A potentially damaging political split has emerged in the German government over the contents of a package of economic support measures amid a rapidly deteriorating outlook for growth next year. Senior officials said the measures would not be Steven Wevodau

THE British financial system is on a highway to hell, and it is all the fault of AC/DC. Ignoring the credit crunch and the "dirty deeds done dirt cheap" by subprime mortgage peddlers in the United States, British newspaper The Guardian yesterday Steven Wevodau

The horse-racing industry and gambling companies have pumped $3.8 million into a campaign to convince voters to approve slot machine gambling in Maryland, according to campaign finance documents released yesterday. Slots supporters have out-raised Steven Wevodau

Steven Wevodau - Insurance firms, auto companies and foreign banks petition for part of - Minneapolis Star Tribune

WASHINGTON - The bailout is now the hottest lobbying game in town. Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history. The betting is Steven Wevodau

Diana Moore learned the news through the neighborhood grapevine. Her family's primary-care physician of seven years would no longer accept Moore, her husband and daughter as patients - unless the family paid a $4,500 annual fee. The physicians at Steven Wevodau

OLYMPIA -- Gov. Chris Gregoire and Republican Dino Rossi want to lower the cost of health care and expand the ranks of the insured in Washington, but their approaches come from opposite ends of the ideological spectrum. Though the ranks of the Steven Wevodau

BC-Bailout-Bonanza Wide array of U.S. companies start competing for bailout money %byline(By Martin Crutsinger, THE ASSOCIATED PRESS%) WASHINGTON - The bailout is now the hottest lobbying game in town. Insurers, automakers and American subsidiaries Steven Wevodau

Spare a thought for Pietermaritzburg Chamber of Business employee Wonder Mudzengerere, who has been battling for fair compensation after his perfectly fine car was written off in a crash about three months ago. The facts speak for themselves. The Steven Wevodau

Steven Wevodau - Asia, Europe close ranks to ease financial crisis (Reuters)

Asia, Europe close ranks to ease financial crisis (Reuters)

Reuters - Asian and European leaders closed ranks on Saturday to try to bolster confidence among investors who fear that a global credit crunch has ushered in a deep and damaging world recession.

Steven Wevodau - AIG taps government loan again: report (Reuters)

AIG taps government loan again: report (Reuters)

Reuters - Troubled insurer American International Group Inc had borrowed $90.3 billion from the U.S. government as of Wednesday, three-quarters of the emergency funds made available to it under a federal rescue plan, the Wall Street Journal reported.

UK shrinks, companies suffer, China says outlook grim (Reuters)

Reuters - Britain's economy shrank, China said the outlook was grim and companies from Japan to France were punished on Friday as a downturn born of the worst financial crisis in 80 years took root.

Stock futures frozen after steep plunge (Reuters)

Reuters - Stock index futures tumbled so sharply on Friday that they had to be frozen at several points as global markets tumbled on signs the global economy is in the throes of recession.

Stocks plunge nine percent on recession fears (AFP)

AFP - London's FTSE 100 index of top shares plunged by more than nine percent on Friday as data revealed that the economy shrank in the third quarter, placing it on the brink of recession.

OPEC agrees output cut, oil slide goes on (Reuters)

Reuters - An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) as a first step toward halting a deep oil price slide.

Steven Wevodau - UK economy officially on the brink of recession - San Francisco Gate

Friday, October 24, 2008 Britain's economic output declined by 0.5 percent last quarter, according to the Office for National Statistics. It was the first time since 1992 that Britain's economy has contracted, and the fall was greater than analysts Steven Wevodau

Global stocks plumbed multi-year lows on Friday as fears of a global recession mounted. Trader were braced for a difficult start to trading on Wall Street with futures markets pricing in a fall of 550 points for the Dow Jones Industrial Average while Steven Wevodau

SINGAPORE -- Asian stocks tumbled for a third day Friday on persistent worries that a global recession will eat into corporate profits and the U.S. dollar sank to a 13-year low against the Japanese currency, falling below 95 yen. Shares of Sony Steven Wevodau

The prospects for a UK recession loomed large after official figures revealed the economy shrunk by 0.5% between July and September in the worst economic growth performance since 1990. The estimated contraction in the UK's gross domestic product (GDP Steven Wevodau

; http://link.brightcove.com/services/link/bcpid1529573275/bctid1875308591 http://www.brightcove.com/channel.jsp?channel=1139053637 UK gross domestic product fell by 0.5 per cent, the first contraction since the second quarter of 1992, and the Steven Wevodau

NEW YORK — U.S. stock index futures tumbled so sharply on Friday they had to be frozen at several points as global markets tumbled on signs the global economy is in the throes of recession. Stock markets were in freefall around the world as Steven Wevodau

LONDON — Britain's economy shrank, China said the outlook was grim, and companies from Japan to France were punished on Friday as a downturn born of the worst financial crisis in 80 years took root. Separate figures from the euro zone showed the 15 Steven Wevodau

Steven Wevodau - Health care 'triple whammy': Insurance premiums spike in Beehive State - Salt Lake Tribune

Health insurance premiums are tearing a bigger bite out of Utah families' budgets than ever before. A new report by Families USA shows that, over the past eight years, health insurance premiums rose by 84.7 percent in the state - 4.9 times faster Steven Wevodau

The troubled insurance giant American International Group already has consumed three-quarters of a federal $123 billion rescue loan, a little more than a month after the government stepped in to save the company from bankruptcy. AIG has borrowed $90 Steven Wevodau

Steven Wevodau - RadioShack posts higher quarterly profit (Reuters)

RadioShack posts higher quarterly profit (Reuters)
Reuters - Electronics retailer RadioShack Corp reported a higher third quarter profit on Thursday helped by demand for digital television converters and video games.

Steven Wevodau - Bank stocks worldwide tumble (Reuters)

Bank stocks worldwide tumble (Reuters)

Reuters - Banks stocks fell worldwide on Thursday as concerns swelled that soaring loan losses, tight credit and deteriorating economies would overwhelm lenders' efforts to cut costs and preserve capital.

Steven Wevodau - UBS study says recession will hit UK, US worst - MSN MoneyCentral

UBS study says recession will hit UK, US worst - MSN MoneyCentral
ZURICH, Switzerland (AP) - Britain and the U.S. will suffer most from a global recession predicted to last until the middle of next year, Swiss bank UBS said in a report Wednesday. U.S. gross domestic product is expected to shrink by 0.7 percent in

Paulson vows action on crisis as earnings stagger - Forbes
Even as the Bush administration pledges to do whatever it takes to battle a severe financial crisis, stumbling corporate earnings are showing just how deep the economy's problems are. Wachovia Corp., which is being bought by Wells Fargo for about $14

Aso Plans Tax Cuts to Boost Economy as Election Looms (Update1) - Bloomberg
Oct. 22 (Bloomberg) -- Japanese Prime Minister Taro Aso, facing an election as soon as next month, is likely to focus on tax cuts when he unveils the government's second economic stimulus package since August. The ruling coalition may provide about 2

Cable Rates Increase as Maryland Families Struggle in Today's Economy - Yahoo Finance
ARLINGTON, Va., Oct. 22 /PRNewswire/ -- There is a silver lining for Maryland residents who will be paying an average of 6.4 percent more for cable on November 1: Many residents are finally getting real choices to the cable monopoly. Consumers now

Global Stocks Decline on Economy Concern; Euro, Oil Retreat - Bloomberg
Oct. 22 (Bloomberg) -- Stocks fell around the world, the euro sank to a 20-month low against the dollar and oil retreated as the deepening economic slump sapped corporate profit. U.S. index futures declined. Royal Bank of Scotland Group Plc dropped 9

3rd UPDATE: Wipro 2Q Net Pft +19%; 3Q IT Svcs Outlook Weak - Wall Street Journal
BANGALORE (Dow Jones)--With the weakening U.S. economy having a greater impact on Indian technology companies, Wipro Ltd. (507685.BY) said Wednesday it expects revenue from its software services to be flat on quarter, even as it posted a 19% growth

Steven Wevodau - London shares shed 3.06% (AFP)

AFP - London shares slumped by 3.06 percent in mid-morning trade on Wednesday as recession jitters hit global equity markets once again, analysts said.

Steven Wevodau

Reuters - AT&T said Apple Inc's iPhone would hurt full-year profit margins by more than expected, although it helped the top U.S. phone company grow revenue and mobile subscribers in the third quarter.

Steven Wevodau

Reuters - Wachovia Corp on Wednesday posted a $23.9 billion third-quarter loss, a record for any U.S. lender in the global credit crisis, underscoring the challenges Wells Fargo & Co will face after it acquires the big lender.

Steven Wevodau

Reuters - ConocoPhillips , the third-largest U.S. oil company, said on Wednesday its quarterly earnings rose 41 percent on higher oil prices and topped Wall Street estimates even as storms in the Gulf of Mexico dented results in its refinery business.

Steven Wevodau

Reuters - McDonald's Corp reported better-than-expected profit on Wednesday, fueled by strong sales in the United States and abroad as consumers sought lower prices when they dine out.

Steven Wevodau

AP - Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will set new quality standards for its suppliers amid a scare over toxic milk products that have sickened tens of thousands of babies across China.

Steven Wevodau

Reuters - Boeing Co reported sharply lower third-quarter profit on Wednesday after a strike by its plane assembly workers wiped out almost a month of production at its Seattle-area plants.

Steven Wevodau

AFP - Growing warnings of an "inevitable" global recession and the expectation of more interest rate cuts triggered turmoil on the currency markets and sharp falls on stock exchanges Wednesday.

Steven Wevodau

Steven Wevodau - Surging iPhone sales spur Apple, issues safe outlook (Reuters)

Reuters - Apple Inc reported a stronger-than-expected 26 percent rise in quarterly profit, spurred by strong sales of its new iPhone, and its shares rose 13 percent on Tuesday.

Steven Wevodau

AP - The stock market is not the economy. Steven Wevodau

Steven Wevodau - ALL BUSINESS: Stock market doesn't reflect economy (AP)

ALL BUSINESS: Stock market doesn't reflect economy (AP)
AP - The stock market is not the economy.

Kerkorian sells Ford at loss, could dump stake (Reuters)

Reuters - Billionaire Kirk Kerkorian sold shares worth about $18 million in Ford Motor Co at a big loss and could sell his remaining 6 percent stake after becoming the automaker's largest outside investor this year.

Surging iPhone sales spur Apple, issues safe outlook (Reuters)

Reuters - Apple Inc reported a stronger-than-expected 26 percent rise in quarterly profit, spurred by strong sales of its new iPhone, and its shares rose 13 percent on Tuesday.

Fed aids money markets; Wall Street falls (Reuters)

Reuters - The U.S. Federal Reserve and governments around the world loosened strained financial markets on Tuesday by pumping in more money and launching bank rescues, but poor corporate profits and recession fears drove down commodities and U.S. stocks.

Weak profit view hits stocks; Apple and Yahoo up late (Reuters)

Reuters - Stocks skidded on Tuesday, as commodity shares fell on fears of a global recession and a rash of disappointing earnings heightened worries about the deteriorating profit picture.

Fed rolls out new 540-bln-dollar aid to financial sector (AFP)

AFP - The US Federal Reserve reached deeper into the troubled financial system on Tuesday, offering up to 540 billion dollars of help to money market mutual funds in its latest response to the credit crunch.

Yahoo profit drops, targets job cuts as ads weaken (Reuters)

Reuters - Yahoo Inc posted a sharply lower quarterly profit on nearly flat sales, but its shares rose 8 percent on the Internet media company's plan to cut at least 10 percent of its work force to save costs.

Steven Wevodau - Health care plans: Obama vs. McCain - USA Today

Democratic presidential nominee Barack Obama and Republican presidential nominee John McCain have dramatically divergent visions of how to reshape the health insurance system. For example, Obama wants to require parents to provide health insurance Steven Wevodau

MANILA, Oct 21 (Reuters) - The Philippines plans a four-fold increase in bank deposit insurance to 1 million pesos ($20,725) as part of steps to ensure stability in the financial system amid the global credit crisis, a government official said on Steven Wevodau

With the government taking unprecedented action to assuage public fear, the rules of account insurance coverage are being rewritten. But the changes are only temporary, intended to restore confidence and help ease the credit crunch. On Tuesday, Oct Steven Wevodau

ESIS, Inc., ( “ ESIS ® ” ) a risk management services company and part of the ACE Group of Companies, today announced the creation of the Medical, Professional and Product Liability Claims Consulting Unit. This new business unit within ESIS will Steven Wevodau

Western Apple Valley and southeastern Burnsville sent the Minnesota House a passionate voice for health care reform when it elected DFLer Shelley Madore in 2006. They should send her to St. Paul again this year. While this newspaper does not share Steven Wevodau

Steven Wevodau - Wall Street braced for new cuts, weak outlook at Yahoo (Reuters)

Reuters - Things went from bad to worse for Yahoo Inc a long time before the financial crisis spurred a new wave of advertising cutbacks by customers that will cast a pall over its quarterly results on Tuesday.

Steven Wevodau

Reuters - Research In Motion shares fell as much as 10 percent on Monday after one brokerage said retail sales trends for its BlackBerry smartphones in North America and Western Europe were weaker than hoped and another cut its earnings forecasts.

Steven Wevodau

Steven Wevodau - American Express profit falls, but beats estimates (Reuters)

American Express profit falls, but beats estimates (Reuters)

Reuters - American Express Co said on Monday third quarter earnings fell more than 20 percent as it set aside more money to cover growing losses in its credit card business, but operating earnings beat analysts' estimates and there was a sigh of relief from investors as results were not as bad as some had expected.

Bernanke warms to 2nd stimulus plan (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke told Congress on Monday that another wave of government spending may be needed as the economy limps through what could be an extended period of subpar growth.

Merrill to cut 500 trading jobs: report (Reuters)

Reuters - Merrill Lynch & Co Inc, which last month accepted a takeover offer from Bank of America Corp, is set to cut about 500 jobs in its trading divisions, Bloomberg News reported on Monday, citing unidentified sources.

RIM shares sag on brokerage reports (Reuters)

Reuters - Research In Motion shares fell as much as 10 percent on Monday after one brokerage said retail sales trends for its BlackBerry smartphones in North America and Western Europe were weaker than hoped and another cut its earnings forecasts.

Wall Street braced for new cuts, weak outlook at Yahoo (Reuters)

Reuters - Things went from bad to worse for Yahoo Inc a long time before the financial crisis spurred a new wave of advertising cutbacks by customers that will cast a pall over its quarterly results on Tuesday.

Wall Street soars on Bernanke and easing credit strains (Reuters)

Reuters - NEW YORK (Reuters) -Stocks rallied on Monday after the Federal Reserve's chairman backed more government spending to help the economy and credit market conditions showed further signs of improvement.

Steven Wevodau - Bernanke warms to 2nd stimulus plan (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke told Congress on Monday that another wave of government spending may be needed as the economy limps through what could be an extended period of subpar growth.

Steven Wevodau

Reuters - Research In Motion shares fell as much as 10 percent on Monday after one brokerage said retail sales trends for its BlackBerry smartphones in North America and Western Europe were weaker than hoped and another cut its earnings forecasts.

Steven Wevodau

Reuters - Merrill Lynch & Co Inc, which last month accepted a takeover offer from Bank of America Corp, is set to cut about 500 jobs in its trading divisions, Bloomberg News reported on Monday, citing unidentified sources.

Steven Wevodau

Steven Wevodau - Stocks eye earnings for economic clues (Reuters)

Stocks eye earnings for economic clues (Reuters)

Reuters - Even as credit market strains show signs of easing, a barrage of earnings will steal the spotlight this week as Wall Street looks for a picture of how profits will fare in the face of a severe economic slowdown.

Steven Wevodau - S.Korea joins global rescue, crisis summit planned (Reuters)

S.Korea joins global rescue, crisis summit planned (Reuters)

Reuters - South Korea joined efforts on Sunday to shore up banks and markets pummeled by the biggest economic crisis since the Great Depression which world leaders said called for a coordinated global response.

Changing fear factor, cheaper stocks (Reuters)
Reuters - Predicting what financial markets will do at the moment is more than a mug's game, given massive levels of volatility, but certain factors have arisen recently that may put investors in a new frame of mind this week.

White House's Lazear: Parts of U.S. in recession (Reuters)

Reuters - Parts of the United States, struggling with high jobless rates, seem to be in recession, but the government's plan to support credit markets will help, President George W. Bush's top economic adviser said on Sunday.

Stocks eye earnings for economic clues (Reuters)

Reuters - Even as credit market strains show signs of easing, a barrage of earnings will steal the spotlight this week as Wall Street looks for a picture of how profits will fare in the face of a severe economic slowdown.

Michigan politicians fret over GM, Chrysler's future (Reuters)

Reuters - Merger talks between automakers Chrysler LLC and General Motors Corp leaves Michigan politicians stuck with conflicting feelings: hopeful a combined entity would prosper but fearful it would mean job losses and tax revenue, plus a huge real estate headache.

Steven Wevodau - Michigan politicians fret over GM, Chrysler's future (Reuters)

Reuters - Merger talks between automakers Chrysler LLC and General Motors Corp leaves Michigan politicians stuck with conflicting feelings: hopeful a combined entity would prosper but fearful it would mean job losses and tax revenue, plus a huge real estate headache.

Steven Wevodau

Reuters - Parts of the United States, struggling with high jobless rates, seem to be in recession, but the government's plan to support credit markets will help, President George W. Bush's top economic adviser said on Sunday.

Steven Wevodau

Reuters - Predicting what financial markets will do at the moment is more than a mug's game, given massive levels of volatility, but certain factors have arisen recently that may put investors in a new frame of mind this week. Steven Wevodau

Reuters - Even as credit market strains show signs of easing, a barrage of earnings will steal the spotlight this week as Wall Street looks for a picture of how profits will fare in the face of a severe economic slowdown.

Steven Wevodau

Reuters - South Korea joined efforts on Sunday to shore up banks and markets pummeled by the biggest economic crisis since the Great Depression which world leaders said called for a coordinated global response.

Steven Wevodau