Paulson Plan To Re-Regulate Wall Street Following Near Collapse Of Bear Stearns
Region: New York
After the near collapse of investment banks like Bear Stearns, Wall Street is awaiting an overhaul of its regulatory system. The re-regulation was announced by Treasury Secretary Henry Paulson last week, reports the Associ... more
Views: 1453"Should I Move My 401K To A Money Market?"
Region: New York
With home values dropping, the contagion of the subprime debacle, and uncertainty in the financial markets, analysts are pointing to an economic downturn, better known as a recession. Only, recession can be a sc... more
Views: 4610Tata Acquires Jaguar/Land Rover For $2.3 Billion
Region: Illinois
Updating an earlier news article, Tata Motors of India has acquired the coveted Jaguar luxury brand and Land Rover segment from Ford for $2.3 billion. The sale comes amid stiff competition from Asian car-makers and declin... more
Views: 2136Sony BMG Announces Unlimited Music Subscription Service For All Digital Music Players
Region: United States
Guetersloh, Germany (Groundreport.com) - Sony BMG Entertainment has announced a music subscription service for its users. The service is compatible with a variety of digital music players and - including Apple's iPod - off... more
Views: 1865Microsoft Reportedly To Up Bid For Yahoo In Battle For Search Engine Market Share
Region: Washington
In an effort to rob Google of its leadership in the search engine business, Microsoft is expected to woo Yahoo with a higher bid than the $31-a-share on the table. Analysts say despite an initial r... more
Views: 1702JP Morgan Sweetens Bailout-Bid For Bear Stearns
Region: United States
JP Morgan Chase has upped its bid for ailing financial firm Bear Stearns to $10 a share from a previous $2 per share bid. Emerging reports suggest that the sweetened bid is expected to convince shareholders at St... more
Views: 1692U.S. Economy To Grow Just A Tad Bit In 2008
Region: United States
The Organization for Economic Cooperation and Development, also known as OECD has warned the U.S. economy is on the verge of a recession. (BBC News). Nothing new there. Alan Greenspan has said that as well and for so... more
Views: 1150Demand For Oil On The Decline As Recession Looms
Region: United States
In theory, the demand for oil should decline in the wake of a recessionas drivers become more conscious of higher energy prices that effect their discretionary spending. Though the market for oil-based prdd... more
Views: 129375 Basis Point Rate Cut Sents Stocks Soaring
Region: United States
According to media reports, a three-quarter point cut in the Federal Reserve's benchmark interest rate sent stocks skyrocketing on Tuesday. In a stiff battle against the contagion of the credit crisis, the Fed took its ... more
Views: 1267Gold Hits $1000/Ounce On Declining Dollar, Record Oil Prices
Region: United States
Amid rising oil prices and a declining dollar, gold futures have risen to a whopping $1000 an ounce, according to published reports Thursday. In Asian trading, the greenback was down below a 100 yen - that's its weakest i... more
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