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Business

Concerns for Japan and Korea
BusinessWeek - 1 hour ago
They might have much to gain from Detroit’s demise, but for Asia’s leading automakers, the prospect of one or all of the Big Three failing is arguably of greater concern than rivals receiving government aid.
Power Point: Do it better next time CNNMoney.com
Retired Workers Worry About Automaker Bankruptcies MyFox Kansas City
CNBC - WJHG-TV - Wall Street Journal Blogs - MSNBC
all 808 news articles »

RTE.ie

WRAPUP 1-Fed signals ready to cut rates amid glum outlook
Reuters - 29 minutes ago
By Mark Felsenthal WASHINGTON, Nov 19 (Reuters) - Federal Reserve officials have pared their outlook for economic growth through 2009 to minimal levels and are prepared to cut interest rates further, while concern has risen that a deflationary spiral ...
FOMC sees yearlong recession, minutes show MarketWatch
Fed Saw Economy Shrinking Through Mid-2009 Last Month (Update1) Bloomberg
New York Times - Bizjournals.com - Wall Street Journal - Washington Post
all 387 news articles »

Times Online

Yahoo Investors Lose Sight Of Company's Cash Holdings
CNNMoney.com - 2 hours ago
SAN FRANCISCO -(Dow Jones)- Investors in Yahoo Inc. (YHOO) have grown so discouraged trying to figure out what the struggling Internet giant's operations are worth, they appear to have lost sight of the parts of the company they can value: its cash and ...
Yahoo hits new bottom Bizjournals.com
Yahoo Drops to Five-Year Low After Microsoft Says Talks `Done' Bloomberg
MarketWatch - InternetNews.com - Wall Street Journal - AFP
all 2,615 news articles »

YHOO - MSFT - PINK:YAHOF

Washington Post

WRAPUP 3-US consumer prices, home starts plunge in October
Reuters - 1 hour ago
By Glenn Somerville WASHINGTON, Nov 19 (Reuters) - US consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession ...
US Economy: Consumer Prices Fall as Deflation Looms (Update2) Bloomberg
Deflation Risk Up As Shoppers Clamp Down Wall Street Journal
The Associated Press - Bizjournals.com - WXXA - Inside Futures
all 414 news articles »

Intuit's Net Loss Widens; Lowers Earnings Forecast
Wall Street Journal - 55 minutes ago
By JOHN KELL Intuit Inc.'s fiscal first-quarter net loss widened amid a gain in the prior-year period. Additionally, the maker of tax-preparation and accounting software issued a fiscal second-quarter view below analysts' estimates and slightly lowered ...
UPDATE 1-Intuit cuts outlook after posting quarterly loss Reuters
Intuit cuts full-year outlook, could miss Street BusinessWeek
MarketWatch - Forbes - Bizjournals.com - San Jose Mercury News
all 30 news articles »

INTU - PETM

Mortgage aid falls short, Bush admin official says
BusinessWeek - 40 minutes ago
By ALAN ZIBEL Two government programs designed to help hundreds of thousands of delinquent borrowers avoid foreclosure are having negligible effects, a top Bush administration official acknowledged Wednesday.
HUD expands mortgage modification program MarketWatch
US tries new tack on housing CNNMoney.com
Bloomberg - Reuters - Seattle Post Intelligencer - Boston Herald
all 56 news articles »

Telegraph.co.uk

Nissan debuts 370Z, Cube at LA Auto Show
BusinessWeek - 41 minutes ago
While US automakers scale back their presence at the Los Angeles Auto Show, Nissan Motor Co. was determined to make a splash, unveiling three new vehicles Wednesday.
Nissan's Ghosn Says He's Not Seeking More Alliances (Update2) Bloomberg
2009 Nissan 370Z | LA Auto Show The Icon in the Crowd New York Times
AutoWeek - Reuters - Los Angeles Times - MarketWatch
all 230 news articles »

NSANY - OTC:CMTX - EPA:RNO

MARKET SNAPSHOT: US Stocks Blasted By Economy To End At Five year ...
CNNMoney.com - 46 minutes ago
US stocks thudded sharply lower on Wednesday to finish at more than five- years lows, with financial powerhouse Citigroup Inc. pummeled by its greatest ever one-day percentage drop as fears intensified about its fate as well as the US auto industry.
Stocks battered amid economy concerns Bizjournals.com
US Stocks Slide to Five-Year Lows as Banks, Carmakers Tumble Bloomberg
TheStreet.com - Los Angeles Times - Pensions & Investments - Monsters and Critics.com
all 39 news articles »

Boeing to slash 800 jobs at Kansas facility
BusinessWeek - 40 minutes ago
By DANIEL LOVERING Boeing Co. will lay off about 27 percent of its workers at a facility in Wichita, Kan., due to the delay of a US Air Force tanker replacement program and the end of other work projects.
Boeing to cut about 800 salaried, hourly workers MarketWatch
Boeing Wichita cutting 800 jobs in upcoming year Bizjournals.com
International Herald Tribune - Seattle Times - International Business Times - Dayton Daily News
all 86 news articles »

AMS:BOEI - BA

Los Angeles Times

EHarmony to offer same-sex matches after New Jersey settlement
Los Angeles Times - 1 hour ago
The Pasadena-based dating website, heavily promoted by Christian evangelical leaders when it was founded, has agreed in a civil rights settlement to give up its heterosexuals-only policy and offer same-sex matches.
UPDATE 1-Suit forces eHarmony to offer gay dating service Reuters
eHarmony has new site for same-sex singles BusinessWeek
Consumer Affairs - AFP - The Associated Press - Silicon Alley Insider
all 157 news articles »

Limited 's Net Falls 66%
Wall Street Journal - 55 minutes ago
By JOHN KELL Limited Brands Inc.'s fiscal third-quarter net income fell 66% from a year earlier, when the company recorded a gain and higher sales.
Limited Brands profit falls 65% as store traffic slips MarketWatch
UPDATE 1-Limited Brands posts lower net profit, shaves view Reuters
Bizjournals.com - The Associated Press - StreetInsider.com (subscription)
all 113 news articles »

LTD - EPA:MLACO

RTT News

Ambac Pays $1 Billion to Settle $3.5 Billion of CDOs (Update1)
Bloomberg - 59 minutes ago
By Jody Shenn Nov. 19 (Bloomberg) -- Ambac Financial Group Inc., the second-largest bond insurer by outstanding guarantees, agreed to pay $1 billion in cash to cancel default protection on $3.5 billion of collateralized debt obligations, less than the ...
Ambac terminates $3.5 bln of risky mortgage exposure Reuters
S&P downgrades Ambac unit on mortgage debt risks CNNMoney.com
Wall Street Journal - MarketWatch - RTT News - WELT ONLINE
all 38 news articles »

ABK - AKF - AKT

Reuters

Citi shares in record slump, CDS spreads widen
MarketWatch - 2 hours ago
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Citigroup Inc. shares slumped a record 23% Wednesday and credit-default swap spreads on its debt widened after the bank took on more than $17 billion in assets from structured investment ...
Citi to Wind Down SIVs After $3.3 Billion of Losses (Update1) Bloomberg
Citi shares hit 15-year low as analyst cuts view USA Today
Reuters - Wall Street Journal Blogs - Wall Street Journal - International Herald Tribune
all 104 news articles »

RTT News

FED FOCUS-Policymakers still split on pricking asset bubbles
Reuters - 50 minutes ago
By Alister Bull WASHINGTON, Nov 19 (Reuters) - Although the costs of failing to prick an asset price bubble have been painfully demonstrated, central bankers are still fundamentally split over how to make monetary policy with asset prices in mind.
Kohn vows vigilance toward rising deflation risk MarketWatch
Fed's Kohn Says Crisis `More Severe' Than Episodes Since 1990s Bloomberg
Voice of America - FOXBusiness - Wall Street Journal Blogs - RTT News
all 36 news articles »

The Money Times

Oil Falls to 22-Month Low on US Supply Gain, Fuel Demand Drop
Bloomberg - 2 hours ago
By Mark Shenk Nov. 19 (Bloomberg) -- Crude oil futures fell to a 22-month low after a US government report showed that inventories climbed more than forecast as fuel demand dropped.
Oil falls; Americans cut driving by 90B miles The Associated Press
Oil futures gain ahead of data on petroleum supplies MarketWatch
Tehran Times - Reuters - Forbes - eTrucker
all 210 news articles »

Boston Globe

Airlines fall; business travel slumps in September
MarketWatch - 1 hour ago
By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- Airline stocks got thumped Wednesday, pressured in part by industry data that showed an accelerating drop in international business travel.
Southwest Plans LaGuardia fights with slots from bankrupt ATA Houston Chronicle
Southwest bids for ATA's LaGuardia slots Reuters
CBS2 Chicago - Newsday - Gothamist - CNNMoney.com
all 126 news articles »

LUV

Sara Lee to close kosher meat unit, cut 185 jobs
CNNMoney.com - 30 minutes ago
NEW YORK (Associated Press) - Sara Lee Corp. said Wednesday it will exit the kosher meat business and close a facility that processes kosher hot dogs and meat by the end of January.
UPDATE 1-Sara Lee to close and sell plant, cut 185 jobs Reuters
Sara Lee to stop making kosher meats, close Chicago plant Chicago Tribune
Crain's Chicago Business - Chicago Breaking News - Tribune - WELT ONLINE
all 18 news articles »

SLE

PetSmart's Results Hold Up
Wall Street Journal - 1 hour ago
By JAY MILLER PetSmart Inc.'s fiscal third-quarter net income rose 22%, as the company's product mix helped it weather tough economic times and match its expectations.
PetSmart sees 4th-qtr profit in range of Street Forbes
UPDATE 1-PetSmart profit beats Street, shares fall Reuters
CNNMoney.com - RTT News - International Business Times - Forbes
all 25 news articles »

PETM

EDN.com

UPDATE 3-Global chip sales forecast to drop 5.6 pct in 2009
Reuters - 1 hour ago
SAN FRANCISCO, Nov 19 (Reuters) - Global semiconductor sales will fall in 2009, the first decline in eight years, as the financial crisis takes its toll on consumer spending, a chip industry trade group forecast on Wednesday, sending a key industry ...
Global semiconductor sales could take a turn lower in 2009, group says MarketWatch
SIA: Gloomy outlook for semiconductor sales Bizjournals.com
International Herald Tribune - TG Daily - VentureBeat - Barron's Blogs
all 60 news articles »

FDA Panel Backs Theravance's MRSA Antibiotic
Wall Street Journal - 2 hours ago
By JENNIFER CORBETT DOOREN WASHINGTON -- A federal advisory panel backed a proposed Theravance Inc. antibiotic designed to treat serious skin infections, including some caused by a type of staph bacterium known as MRSA that is resistant to many ...
FDA panel: Theravance antibiotic safe, effective The Associated Press
Theravance Wins US Panel's Backing for Antibiotic (Update2) Bloomberg
Bizjournals.com - MarketWatch - CNNMoney.com - RTT News
all 122 news articles »

THRX