The Associated Press (Business)
`Chihuahua' fetches $17.5M to win another weekend
LOS ANGELES (AP) -- An adorable talking dog remained just the sort of escapist movie hero audiences wanted after a week of awful economic news....
Gov't eyes plan to take ownership stakes in banks
WASHINGTON (AP) -- Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending....
Categories: Breaking News
Asian stock markets mixed after last week's rout
HONG KONG (AP) -- Most Asian stock markets recovered Monday after last week's historic sell-off as governments around the world intensified efforts to boost the ailing financial system....
Investors face more uncertainty as bailout widens
NEW YORK (AP) -- Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system from the brink....
Is the era of easy credit over for the long haul?
An inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels....
World Bank to protect poor from economic turmoil
WASHINGTON (AP) -- The World Bank agreed Sunday to help developing countries strengthen their economies, bolster their financial systems and protect the poor against the financial turmoil in international markets....
Euro nations to guarantee bank refinancing
PARIS (AP) -- Nations in Europe's single-currency zone agreed Sunday to temporarily guarantee bank refinancing and pledged to prevent banks failing as part of a raft of emergency measures designed to get credit flowing again....
Ithaca, NY, wants to be America's 1st podcar city
ITHACA, N.Y. (AP) -- The thought of a driverless, computer-guided car transporting people where they want to go on demand is a futuristic notion to some....
Palin has mixed record as fiscal conservative
ANCHORAGE, Alaska (AP) -- Alaska Gov. Sarah Palin, the Republican nominee for vice president, bills herself as a fiscal conservative. But her record looks little like the classic conservative who favors less government and lower taxes....
Amid the meltdown, economics Nobel no easy pick
STOCKHOLM, Sweden (AP) -- If history is any guide, this year's Nobel economics prize will award the developers of economic theories that have had the time to take root, grow and prove resilient....
China looking inward as foreign economies slow
BEIJING (AP) -- China's ruling Communist Party on Sunday said it would seek to expand its massive internal market to counter the global economic slowdown that has reduced international demand for Chinese goods....
Wales rides a coal renaissance
CWMGRACH, Wales (AP) -- Deep under a pine-covered mountain, men clamber into red overalls and heavy boots, strap on lamps and attach sensors that check gas levels....
Bailout managers may be buying own securities
WASHINGTON (AP) -- The government's plan to make sure private managers of a $700 billion bailout plan are free of conflicts of interest is weak, according to some critics, and allows too much room for abuse....
Efforts on global warming chilled by economic woes
WASHINGTON (AP) -- The economic free fall gripping the nation may bring down one of the main environmental objectives: capping the greenhouse gases that are blamed for global warming....
Emirates officials say nation's banks are strong
DUBAI, United Arab Emirates (AP) -- Officials in the United Arab Emirates say the country's financial institutions remain healthy despite growing fears the global credit crisis will hurt the booming Gulf economy....
Analysts: GM would need cash to acquire Chrysler
DETROIT (AP) -- For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts....
Tax rebate, food stamp money possible in aid plan
WASHINGTON (AP) -- After consulting with Barack Obama, Democratic leaders are likely to call Congress back to work after the election in hopes of passing legislation that would include extended jobless benefits, money for food stamps and possibly a tax rebate, officials said Saturday....
Bush visits finance officials, urges cooperation
WASHINGTON (AP) -- Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the current situation....
Key dates in Chrysler's recent history
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company, DaimlerChrysler AG, begins trading on the Frankfurt and New York stock exchanges on Nov. 17....
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