Archive for November 18th, 2008

Auto chief execs ask Senate panel for bailout (Reuters)

 Auto chief execs ask Senate panel for bailout 
    (Reuters)Reuters - The chief executives of General Motors Corp, Ford Motor Co and Chrysler submitted testimony Tuesday to the U.S. Senate Banking Committee.

Original post by Reuters and software by Elliott Back

Posted by

Stocks extend losses on economic worry (Reuters)

 Stocks extend losses on economic worry 
    (Reuters)Reuters - Stocks slid on Tuesday, with the Nasdaq falling more than 3 percent, as worries about the worsening global economic downturn hounded markets.

Original post by Reuters and software by Elliott Back

Posted by

Mexico’s Salinas could buy more of Circuit City (Reuters)

 Mexicos Salinas could buy more of Circuit City 
    (Reuters)Reuters - Mexican retail and media tycoon Ricardo Salinas Pliego owns 28 percent of Circuit City and could buy more of the troubled U.S. electronics chain, a Salinas spokesman said on Tuesday.

Original post by Reuters and software by Elliott Back

Posted by

U.S. auto execs take case for bailout to Congress (Reuters)

 U.S. auto execs take case for bailout to Congress 
    (Reuters)Reuters - U.S. auto executives were set to take their case for a $25 billion industry bailout to the U.S. Congress on Tuesday as they hope to overcome political opposition from influential congressional Republicans and the White House.

Original post by Reuters and software by Elliott Back

Posted by