News aggregator

Investors expect volatility as credit woes persist (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

The world's financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government's financial rescue package -- and watch for any further fallout from the credit crisis around the globe.

Categories: Business

Battered financial industry faces more oversight (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months.

Categories: Business

Bank on this: bank failures will rise in next year (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Here's a safe bet for uncertain times: A lot of banks won't survive the next year of upheaval despite the U.S. government's $700 billion plan to restore order to the financial industry.

Categories: Business

Wachovia says it will press ahead with Wells deal (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Wachovia Corp., at the center of a fight between Wells Fargo & Co. and Citigroup Inc. over who will buy the beleaguered bank, is moving ahead with its deal to sell itself to Wells Fargo -- while questions arise about the damaging effects that prolonged litigation might have on Wachovia.

Categories: Business

Europeans scramble to save failing banks (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Germany became the latest country to move to allay fears about the financial meltdown, enhancing a rescue plan for Hypo Real Estate AG and guaranteeing private bank accounts as European governments scrambled on their own Sunday to save failing banks.

Categories: Business

German gov't, banks agree to $69B bailout for Hypo (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis.

Categories: Business

Credit crisis adds to pressures on auto dealers (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.

Categories: Business

For bailout to work, housing market needs to mend (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?

Categories: Business

American Airlines considers a la carte pricing (AP)

Yahoo Finance - Sun, 10/05/2008 - 23:29

The idea of paying a single, simple fare to fly on an airliner is becoming as quaint as stewardesses in short skirts. American Airlines is about to accelerate the trend of breaking the cost of a trip into an airfare plus many smaller fees.

Categories: Business

Pope: Millions are losing their religion and declaring God is dead - Scotsman

Google Religion - Sun, 10/05/2008 - 23:05

Pope: Millions are losing their religion and declaring God is dead
Scotsman, United Kingdom - 23 minutes ago
Pope Benedict is particularly worried about a growing indifference to religion in Europe. Speaking at the Basilica of St Paul Outside the Walls in Rome, ...

Categories: Religion

Thunderstorms, Showers Moving into North Texas Monday Morning - MyFox Dallas

Google Entertainment - Sun, 10/05/2008 - 22:45

NECN
Thunderstorms, Showers Moving into North Texas Monday Morning
MyFox Dallas - 43 minutes ago
After more than 3 weeks of mostly dry conditions, North Texas will finally see some significant rain on Monday. The National Weather Service says there's a 20 percent chance of showers and thunderstorms after 1 am Monday.
Forecast: Fall-like weather Denver Post
Today's forecast: Sunshine Clarksville Leaf Chronicle
Sacramento Bee - Press-Register - al.com - Tampa Bay's 10 - Signal
all 166 news articles

Categories: Entertainment

Chihuahua' Is Top Dog at Box Office - Entertainment Weekly

Google Entertainment - Sun, 10/05/2008 - 22:41

Chihuahua' Is Top Dog at Box Office
Entertainment Weekly - 48 minutes ago
By Nicole Sperling Regardless of critical backlash, Beverly Hills Chihuahua was best in show with audiences, grossing $29 million and an October best for Disney.
UPDATE 1-"Chihuahua" best in show at US box office Reuters
'Chihuahua' leads Disney's domination at box office USA Today
The Associated Press - Bloomberg - Entertainment Tonight News - Forbes
all 377 news articles

Categories: Entertainment

Local reaction mixed to bailout - Columbia Daily Herald

Google Finance - Sun, 10/05/2008 - 22:38

CTV.ca
Local reaction mixed to bailout
Columbia Daily Herald - 50 minutes ago
By D. FRANK SMITH/dfsmith@c-dh.net Opinions on Main Street were mixed after the approval of a controversial $700-billion bailout plan for Wall Street.
Video: Bush Pledges to Quickly Sign Bailout Bill AssociatedPress
House Reverses Field, Votes 'Yes' on Bailout BusinessWeek
Washington Post - BBC News - New York Times - InvestmentNews
all 2,018 news articles

Categories: Business

Obama accuses McCain of looking for distractions

CNN Politics - Sun, 10/05/2008 - 22:28

Sen. Barack Obama on Sunday charged that Sen. John McCain's campaign is launching "Swift boat-style attacks" on him instead of addressing the country's problems.

Categories: Politics