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Reuters - World leaders grappling with a global financial crisis pledged on Friday to deliver an action plan to ward off recession and prevent future meltdowns as divisions surfaced over reining in free markets.
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0 Comments Reuters - Bankrupt Lehman Brothers Holdings Inc has filed court papers seeking approval to communicate with its European operations for help unwinding billions of dollars in assets that "sit unmanaged" and at risk of losing significant value.
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Reuters - The U.S. Senate plans to take up a proposal to bailout distressed automakers, while the White House on Friday warned of partisan gridlock and recommended another route to get billions to Detroit fast.
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Reuters - Senate Democratic leader Harry Reid on Friday said Bush's proposal to drop a requirement for U.S. automakers to use an existing $25 billion in aid on energy efficiency is "unacceptable".
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