Oil down nearly $2, pares losses with Wall Street - Boston Globe
Posted by: admin in Stocks NewsOil down almost $2, pares losses with Wall Street - Boston Globe
NEW YORK (Reuters) - Oil prices settled almost $2 lower on Friday after the collapse of a $14 billion rescue plan for U.S. automakers kept Wall Street and oil markets volatile. U.S. crude oil settled down $1.70 at $46.28 a barrel, after falling below
U.S. rattled by auto bailout flop, Wall St fraud - Reuters India
NEW YORK (Reuters) - The White Home weighed emergency funding to avert collapse of the U.S. auto industry on Friday and buttress a financial system tested anew by possibly the biggest Wall Street fraud ever. Ecuador declared itself in default on its
Wall Street fraud forces Lappin Foundation to shut in Salem - Boston Globe
A prominent North Shore foundation that has sent hundreds of local Jewish kids to Israel discontinued its operations Friday when its assets were frozen in connection with the current indictment of a New York investment manager. The Robert L
Report: Detroit papers likely to cut delivery - KSDK
DETROIT (AP) — The Detroit News and Detroit Free Press are leaning toward cutting home delivery to three days a week, The Wall Street Journal reported Friday. The Journal, quoting a person on its Web site whom it didn’t name, stated a final decision
Bank of America announces layoffs - Richmond Times-Dispatch
Bank of America Corp. stated yesterday that it anticipates to eliminate 30,000 to 35,000 jobs in the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co. The target date for closing the deal with
Wall Street veteran Bernie Madoff arrested over alleged $50 billion - Belfast Telegraph
From Florida golf clubs through Long Island’s playground of the rich and famous, all the way to the City of London’s boardrooms, investors big and small are reaching to check their wallets, scared they may have become victims of Wall Street’s
Investors in $50 billion fraud scheme fear wipeout - Rocky Mountain News
Bernard L. Madoff, chairman of Madoff Investment Securities, is seen on his Manhattan trading floor in this photo from December 1999 in New York. The former Nasdaq stock market chairman was arrested on a securities fraud charge Thursday. NEW YORK
Wall Street hopes for ‘Santa’ rally - ninemsn
The traditional feel-good end of year stock rally seems improbable given the dreadful performance of Wall Street over 2008, yet some analysts state the market might have already discounted the worst. A relatively resilient market in the past weeks
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