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Markets Fall on Drumbeat of Grim Reports
The Standard and Poor?s 500-stock index and the Dow Jones industrial average capped their worst four months since 2002.
Meter still running on GM's Delphi ride
Reuters - Almost a decade after spinning off
Delphi Corp and more than two years after the auto parts maker
filed for bankruptcy, General Motors Corp is still
grappling with the costly legacy of its former subsidiary.
Joseph Juran, 103, Pioneer in Quality Control, Dies
Mr. Juran wrote the ?Quality Control Handbook,? which taught manufacturers worldwide how to be more efficient and productive.
Relief for Homeowners Is Given to a Relative Few
The Bush administration said mortgage companies were showing more willingness to relax loan terms for subprime borrowers in danger of losing their houses.
Packed Powder as a Corporate Amenity
Some sport-related companies have their eyes on Ogden, Utah, a former manufacturing town that is emerging from hard times as a center of skiing and other outdoor sports.
Drug Tied to China Had Contaminant, F.D.A. Says
The critical blood thinner heparin, which has been linked to at least 19 deaths, contained a possibly counterfeit ingredient that mimicked the real drug.
Stocks & Bonds: Shares Tumble as Credit Worries Worsen
The decline in the market that started Thursday morning in Europe and accelerated in New York hit the Asian markets hard in early trading Friday.
Big Names in Retail Fashion Are Trading Teams
Several major clothing designers plan to shift to different stores, creating transitions that could confuse consumers.
Countrywide Said to Be Subject of Federal Criminal Inquiry
The large mortgage lender may have misrepresented its finances and the soundness of its loans, officials said.
To Aim Ads, Web Is Keeping Closer Eye on You
A new analysis of online consumer data shows that large Web companies are learning more about people than ever from what they search for and do on the Internet.
Export Pace From China Slackened in February
The 63 percent drop in the trade gap from a year earlier was partly a result of a long-term slowdown in export demand, but February was an unusually weak month.
Aetna to Offer an Online Service That Helps Patients Link Records and Research
Aetna plans to provide the service, SmartSource, free to its customers, saying it wants to help people manage their own health care.
Fear returns as dollar falls and oil hits $110
Reuters - The dollar hit a record low against
the euro and a 12-year low against the yen on Thursday and
shares fell as euphoria subsided about the latest helping hand
from the U.S. Federal Reserve and reality -- $110 oil and
recession fears -- returned.
Cuba moves to lift appliance ban
Cuba's new President Raul Castro looks set to lift a ban on a wide range of consumer electrical appliances.
News Analysis: Behind Bear Stearns Rescue Plan, a Wall St. Domino Theory
The Federal Reserve?s unusual decision to assist a major investment bank underscores a concern that one failure could spread across the financial system.
Alitalia accepts Air France offer
Struggling Italian state carrier Alitalia agrees to a cut-price 138m euros Air France-KLM takeover deal.
Worst: Voting for the Worst on ?American Idol? Makes Money for an Entrepreneur
A Web site that started out as an Internet lark is now attracting advertisers.
Plunge Averted, Markets Look Ahead Uneasily
Nervousness pervaded Wall Street despite the efforts by the Federal Reserve to restore order within the financial system.
Stocks & Bonds: Wall St. Embraces the Fed?s Relief Efforts
Buoyed by the Federal Reserve?s aggressive interest rate cut, investors sent stocks soaring to their biggest gain in five years on Tuesday.
Citigroup to Cut 2,000 More Jobs
Citigroup plans to lay off another 2,000 investment bankers and traders before the end of the month, people close to the situation said on Wednesday.
Aloha Airlines Files for Chapter 11 Bankruptcy Protection
The airline said it was unable to generate sufficient revenue because of what it called ?predatory pricing? by Mesa Air Group?s discount airline, Go.
The Markets: Treasury Cuts Minimum Bid on Securities to Just $100
Treasury said the reduction in minimum bid amounts was being made possible by an improved processing system for government debt auctions.
2008 US campaign wars spill into retail front
AFP - Tony Baltes has been making US election gear for three decades and has seen nothing like it before. Rocketing demand for campaign products has left his small company gasping for breath.
JPMorgan in Negotiations to Raise Bear Stearns Bid
JPMorgan Chase was in talks for a deal that would quintuple its offer for Bear Stearns in an effort to pacify angry Bear shareholders, according to people involved in the negotiations.
U.S. and Canada Accuse Drug Maker of Fraud
Biovail?s former chief and three other officers were accused by the S.E.C. of various accounting frauds, with the company agreeing to settle with the agency for $10 million.
The Buzz on the Bus: Pinched, Press Steps Off
As newspapers slash costs, the presence of relatively few print reporters on candidates? buses and planes this year is striking.
The Builder Who Pushes Tokyo Into the Clouds
Minoru Mori, Japan?s most prolific developer, will finish the world?s tallest building in May, and plans to build or help build 10 more huge complexes in downtown Tokyo.
Bear Stearns boss sells stake
The chairman of Bear Stearns sells his stake in the firm as a takeover by JP Morgan Chase looms.
Treasury Dept. Plan Would Give Fed Wide New Power
A plan that would give the Federal Reserve broad authority to oversee financial market stability could expose Wall Street to new scrutiny, but it avoids a call for tighter regulation.
Homeowners? Pleas Put G.O.P. Lawmakers in Bind on Defaults
Some Republicans are stuck between constituents demanding protection from foreclosure and party leaders urging restraint.
Treasury set to announce regulatory overhaul
Reuters - Treasury Secretary Henry Paulson
will reveal in full sweeping new plans on Monday for
streamlining a hodgepodge of regulation faulted for permitting
the U.S. mortgage crisis to balloon into a full-blown economic
threat.
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