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CompareCC News Archive Listing for Business during 2008-09.
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Meatpacker in Brooklyn Challenges a Union Vote
 
Agriprocessors, a kosher meat producer, is trying to persuade the Supreme Court to rule that illegal immigrants do not have the right to join labor unions.
'Free loans' offer to homebuyers
 
Ministers promise some first-time buyers 'free' loans worth up to 30% of their home's value, in a bid to boost market confidence.
Abu Dhabi Puts More Cash on the Line in Hollywood
 
Abu Dhabi Media, flush with oil cash, is adding to the $1 billion deal it announced with Warner Brothers last year, and is putting another billion in a new movie business.
After Strike Vote, Boeing Union Agrees to Resume Talks
 
Leader of the machinists? union at Boeing agreed to return to the bargaining table early Thursday, just hours after union members voted to strike over contract negotiations.
Main Bank of China Is in Need of Capital
 
China?s central bank is in a bind, after snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac over the last seven years.
U.S. Jobless Rate Rises Past 6%, Highest Since ?03
 
The McCain and Obama campaigns responded quickly to a report that the jobless rate jumped to 6.1 percent in August.
Mortgage Giant Overstated the Size of Its Capital Base
 
Advisers poring over the books of Fannie Mae and Freddie Mac concluded that Freddie?s accounting methods had overstated its cushion, officials said.
A Sigh of Relief, but Hard Questions Remain
 
Asian markets rallied early Monday, even as the takeover of Fannie Mae and Freddie Mac reinforced concerns about the U.S. economy and its reliance on foreign investors.
At VMware, a Firing Is Still Reverberating
 
In the wake of Diane Greene?s departure, three other key executives have left, and competitors are readying fresh assaults on VMWare?s dominant position in the visualization software market.
Miles of Aisles for Milk? Not Here
 
After years of building bigger grocery stores, retailers are experimenting with radically smaller ones.
U.S. ex-car retail sales growth slows: SpendingPulse
 
Reuters - U.S. retail sales excluding cars rose in August but at a slower pace, as high gasoline and food prices cut into spending on other goods and services, a private report released on Thursday showed.
Yahoo defends Google ad deal
 
The controversial ad deal between Yahoo and Google will go ahead antitrust challenge or not said Yahoo.
U.S. Gives Banks Urgent Warning to Solve Crisis
 
Three top officials convened the heads of Wall Street?s biggest investment banks for an emergency meeting to impress upon them the need to find a plan to rescue Lehman Brothers.
Wall St. Goliath Teeters Amid Fear of Wider Crisis
 
As Lehman Brothers sought a buyer, officials moved to stop a downward spiral threatening other institutions.
After Frantic Day, Wall St. Banks Falter
 
In one of the most dramatic days in Wall Street history, Lehman Brothers said it will file for Chapter 11 bankruptcy, while Merrill Lynch agreed to sell itself to Bank of America for about $50 billion.
A Race for Cash at A.I.G.
 
The Federal Reserve is said to have asked two investment banks to put together $75 billion in loans to help prop up A.I.G.
Asian Stocks Surge at Opening but Rally Slows
 
Asian markets surged at the opening in response to the Fed?s rescue of the struggling insurer A.I.G., but concerns remained about the American financial system and China?s economy.
Asia Stocks Take an Early Hit
 
Markets in Asia dropped in early trading on Thursday, as fears of a global credit crunch drove investors to dump stocks and park cash in safe havens like gold and Treasuries.
Asia Stocks Rise on Hopes of U.S. Action
 
HONG KONG ? Wall Street?s powerful rally on Thursday in the last two hours of trading spilled across the Pacific Ocean on Friday morning as shares rose from Tokyo to Sydney.
Political Memo: Dazed Capital Feels Its Way, Eyes on Nov. 4
 
The financial turmoil has left Washington in the midst of a political convulsion that both parties are struggling to understand and turn to their advantage ? or at least keep from turning against them.
Lehman administrator seeks $8bn
 
European administrators of failed bank Lehman are demanding $8bn (£4.4bn) is returned from New York to London.
Radical Shift for Goldman and Morgan
 
Goldman Sachs and Morgan Stanley, Wall Street?s last independent investment banks, will transform themselves into bank holding companies subject to greater regulation.
Stock Slide Goes on as Asian Markets Open
 
Investors in Asia are skeptical that the government bailout plan will be enough to stave off underlying economic problems in America.
Key finance firms 'probed by FBI'
 
The FBI has begun a probe into four major US financial institutions caught up in the current financial crisis, US reports say.
First Debate Up in Air as McCain Steps Off the Trail
 
John McCain vowed to work on the bailout plan, but Barack Obama rejected his call to delay the debate.
Talks Implode During Day of Chaos; Fate of Bailout Plan Remains Unresolved
 
Partisan presidential politics seemed to trample what had been exceedingly delicate Congressional negotiations over the $700 billion bailout package.
Your Money: The Financial Adviser as Hand-Holder
 
Most of us can take some comfort in the fact that we have time on our sides. Managing our money is a process that unfolds over decades, not days.
Breakthrough Reached in Negotiations on Bailout
 
Officials said staff members would now work to finalize the language of a deal that would include pay limits for executives and require the government to do more to prevent foreclosures.
News Analysis: Opening Step on Long Road
 
The next administration will need to shape policy for a nation that will be less accustomed to easy credit and overspending.
Reaching for the Right Levers in an Anxious Situation
 
Without the bailout plan they lobbied for, the Treasury and the Federal Reserve will have to dig deep into their toolkits.

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