Business and Finance News
- Dow gains nearly 500 points as U.S. stocks roar
El Paso News.Net
U.S. stocks soared Friday, with gains accelerating in the final hour of trading.
- Timothy Geithner tipped to be new U.S. Treasury Secretary
El Paso News.Net
U.S. media report President-elect Barack Obama has decided to nominate Timothy Geithner, head of the Federal Reserve Bank of New York, to be his treasury secretary.
- Big global names buckling under pressure
El Paso News.Net
The global economic crisis is hitting different nations and industries around the world.
- Economy in India slowing as companies abandon expansion plans
El Paso News.Net
Many Indian companies are slowing expansion plans as they cope with the global economic downturn.
- Bush meets Chinese President Hu at Peru APEC summit
El Paso News.Net
U.S. President George Bush is in Peru for his final Pacific Rim summit.
- European equities give up early gains
El Paso News.Net
European shares traded higher for most of Friday but wilted towards the end.
- Asian stock markets close solidly higher
El Paso News.Net
Markets in Asia ignored losses on Wall Street overnight and posted solid gains Friday.
- Pentagon takes on global Internet virus
El Paso News.Net
Cyberspace is a warfighting domain, and the Defense Department is taking steps to defend this crucial capability, a Pentagon spokesman said Friday.
- San Francisco goes all-out to become electric
El Paso News.Net
The district mayors of the San Francisco area have projected their ideas for a US$1 billion network of electric car recharging stations.
- Final overseas appearance coming up for Bush
El Paso News.Net
Leaders from the Pacific Rim are preparing for their annual APEC economic summit in Lima on the 21st-23rd November.
- Wall Street surges after two-day fall
El Paso News.Net
New York, (Xinhua) Wall Street rallied Friday after reports that US president-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as treasury secretary.
- US Airways brings back free miles
El Paso News.Net
US Airways has announced the reinstatement of free miles, which were cancelled when fuel costs were rising.
- Citigroup options placed on the table
El Paso News.Net
Citigroup has suggested it might sell businesses and shares, as a means of dealing with the market crisis.
- Europe shows itself to the online world
El Paso News.Net
The European Union has launched a free online library which gives multilingual access to two million digitized books and other items of cultural significance.
- Arab bourses suffer as Gulf stock loses $538 bn
El Paso News.Net
Arab stock markets continued their downward journey this week, with financial analysts Friday citing unjustified 'panic and psychological pressures' from the turmoil on global markets.
- Tokyo stocks extend losses over Wall Street plunge
El Paso News.Net
Tokyo stocks extended losses Friday after Wall Street plunged overnight and the global slowdown deepened.
- US Markets plunge, S&P 500 sinks to 11-year low
El Paso News.Net
US stocks plunged Thursday, with the broadbased Standard & Poor's 500 Index losing 6.7 percent to close at its lowest point since 1997 and economic indicators signalling a recession.
- A look at economic developments, activity in stock markets around the world Friday
Star Tribune
A look at economic developments and stock market activity around the world Friday: ___ LONDON — The downturn in the euro-zone economy, particularly within the manufacturing sector, gathered...
- Wall Street Cheers Choice Of Geithner for Treasury
CNBC
An hour before the market closed, NBC News reported that President-elect Obama had picked Geithner, currently the president of the New York Federal Reserve Bank, for Treasury.
- Citigroup Shares Keep Sinking
Business Week
... despite a broader market rally, indicating that time is quickly running out for Chief Executive...
- Foodmakers Heinz, Smucker post higher earnings
Examiner
... file photo, bags of Ore-Ida french fried potatoes, a Heinz product, are seen on display at JJ&F Market in Palo Alto, Calif. Foodmaker H.J. Heinz Co....
- Pressure on Citigroup builds, shares fall below $4
Examiner
... file photo, an office tower bearing the Citigroup logo is seen beyond a cemetery in the Queens borough of New York. Shares of Citigroup Inc. climbed...
- Despite earnings report, Salesforce.com shares slip
Market Watch
Even with the broad uptick for technology stocks, shares of Salesforce.com Inc. fell Friday, a day after the company delivered a third-quarter earnings report that...
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