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News & UpdatesNovember 18, 2008 Ford Sells $540 Million of Mazda Stock to Ease CrunchBy: Bloomberg.com Ford Motor Co., reeling from plunging U.S. car sales and a sinking share price, will raise about $540 million selling part of its stake in Japanese affiliate Mazda Motor Corp. to ease cash concerns November 18, 2008 Detroit bailout: 7 key questions  By: CNN Money As Congress takes a look at whether to help the struggling U.S. automakers, here is what you need to know about what's at stake for the Big Three. November 18, 2008 Congress considers stricter demands for auto bailoutBy: Detroiy Free Press House and Senate Democrats unveiled competing versions Monday of a plan to start funneling $25 billion to U.S. automakers before the end of the year, but lawmakers from both parties and the Bush administration withheld support,... November 18, 2008 SEC Files Insider Trading Charges Against Mark CubanBy: Securities and Exchange Commission Washington, D.C., Nov. 17, 2008 — The Securities and Exchange Commission has charged Dallas entrepreneur Mark Cuban with insider trading for selling 600,000 shares of the stock of an Internet search engine company on the basis of... November 17, 2008 Citi Plans Asset Sales and Job CutsBy: New York Times The banking giant, Citigroup, which a decade ago set out to rewrite the rules of American finance, announced Monday morning that it would cut 50,000 jobs in the coming quarters, largely by selling assets November 17, 2008 G20 goes for global growth By: The Standard - Hong Kong Leaders of the world's 20 largest economies pledged over the weekend to act rapidly to restart growth, regulate finance and give emerging markets more say in running the world economy - but the lack of any specific joint stimulus... November 17, 2008 Blankfein, Goldman Deputies Decide to Forgo BonusesBy: Bloomberg.com -- Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior officers in the face of the worst financial crisis since the Great Depression.
November 17, 2008 Long, painful recession is likely - survey By: CNN Money A survey of leading economists showed Monday that the likelihood of a prolonged recession has increased significantly as economic conditions continue to deteriorate.
November 17, 2008 Showdown looming in Congress of automaker rescueBy: San Jose Mercury News Hard-line opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in... November 16, 2008 Carbon footprint analysis helps satisfy investor interestBy: Hedge Funds Review - UK Mercer can now provide clients with a carbon footprint analysis of a portfolio and compare it to a chosen benchmark, such as the FTSE All-Share, S&P 500 or Russell 1000. This service comes as more institutional investors have... |
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