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AP source: Geithner likely Treasury pick - BusinessWeek

AP source: Geithner likely Treasury pick
BusinessWeek - 41 minutes ago
By NEDRA PICKLER and LIZ SIDOTI President-elect Barack Obama is likely to name Tim Geithner, president of the New York Federal reserve, as Treasury Secretary in a time of intense economic turmoil as he rounds out the upper echelon of his Cabinet, ...
Obama Said to Pick Geithner as Treasury Secretary (Update2) Bloomberg
Obama picks Geithner for Treasury: NBC Reuters
CNNMoney.com - MarketWatch - Forbes - guardian.co.uk
all 807 news articles

Publ.Date : Fri, 21 Nov 2008 21:17:04 GMT

Movers: Citi, GM, GAP, Dell, Wal-Mart - BusinessWeek

Movers: Citi, GM, GAP, Dell, Wal-Mart
BusinessWeek - 5 hours ago
Executives at Citigroup began weighing possibility of auctioning off pieces of the firm or even selling the company outright, according to people familiar with the matter cited in a Wall Street Journal report.
Citigroup seeks sale amid stock drop Bizjournals.com
US STOCKS-Opening bounce eyed on bargain search, Citi guardian.co.uk
RTT News - The Associated Press - MarketWatch - New York Times
all 454 news articles

Publ.Date : Fri, 21 Nov 2008 16:21:04 GMT

Duke Tapped As Wal-Mart Chief - Forbes

Washington Post

Duke Tapped As Wal-Mart Chief
Forbes - 29 minutes ago
Wal-Mart (nyse: WMT - news - people ) announced Friday that Mike Duke, who had been heading up the mega-retailer’s international operations as vice chairman, will be the firm’s new chief executive officer, effective immediately.
Memo From Rob Walton to Wal-Mart Employees Wall Street Journal
For Exiting Wal-Mart CEO, a Victory Lap BusinessWeek
Houston Chronicle - MarketWatch - CNNMoney.com - International Herald Tribune
all 551 news articles

Publ.Date : Fri, 21 Nov 2008 21:28:48 GMT

Gas prices now half of June levels - Bizjournals.com

Gas prices now half of June levels
Bizjournals.com - 1 hour ago
Area gasoline prices are now half of the record highs experienced in June, according to the Automobile Club of Southern California's Weekend Gas Watch.
Regular Gasoline at the Pump Falls Below $2 a Gallon (Update3) Bloomberg
Gas Prices Spiral Down to Near $2 Wall Street Journal
Forbes - Santa Rosa Press Democrat - MarketWatch - Litchfield Enquirer
all 378 news articles

Publ.Date : Fri, 21 Nov 2008 20:23:11 GMT

GM Corp. Planes Down To Three From Seven - BusinessWeek

Times Online

GM Corp. Planes Down To Three From Seven
BusinessWeek - 2 hours ago
General Motors today said it reduced its fleet of corporate jets from five to three. The struggling automaker drew fire this week from Congress when the CEOs of all three US automakers flew in private jets to Washington DC to ask for tax-payer funded ...
GM to return two leased jets amid criticism Reuters
GM Gives Up Two Corporate Jets Washington Post
CNNMoney.com - ABC News - Think Progress - Design News
all 318 news articles

Publ.Date : Fri, 21 Nov 2008 19:39:48 GMT

Treasury yields bounce back as stocks recover - BusinessWeek

Hürriyet

Treasury yields bounce back as stocks recover
BusinessWeek - 34 minutes ago
By MADLEN READ Treasury yields rebounded Friday from multi-decade lows, but there was little sense that the turbulence slamming the credit markets was anywhere near an end.
A Sigh Of Relief Deflates Bond Frenzy Forbes
Treasurys: The pressure eases a little CNNMoney.com
Reuters - Wall Street Journal - TheStreet.com - Briefing.com
all 205 news articles

Publ.Date : Fri, 21 Nov 2008 21:24:29 GMT

Wall Street Calms Down - Forbes

New York Daily News

Wall Street Calms Down
Forbes - 3 hours ago
Friday brought some calm to America's stormy markets, with stocks showing modest gains after a week of horrendous losses. Financial issues remained under pressure, however, limiting the gains.
Video: Stocks Tumble for Second Day; Treasurys Surge AssociatedPress

Stocks advance moderately after sell-off The Associated Press
WJLA - International Business Times - Howell Times and Transcript - Washington Post
all 2,590 news articles

Publ.Date : Fri, 21 Nov 2008 18:36:00 GMT

As stock plummets, Citi on the brink - MarketWatch

Sify

As stock plummets, Citi on the brink
MarketWatch - 2 hours ago
By Sam Mamudi, MarketWatch NEW YORK (MarketWatch) -- This time last year, Citigroup Inc. was valued at about $180 billion. As of Friday morning, its market capitalization stood at $20 billion -- and its once-proud share price had shriveled to $3.75, ...
Video: Citigroup to Cut Costs and 53,000 Jobs AssociatedPress

Citigroup's Pandit Doesn't Plan to Break Up Company (Update1) Bloomberg
Wall Street Journal Blogs - Reuters - Wall Street Journal - CNNMoney.com
all 1,283 news articles

Publ.Date : Fri, 21 Nov 2008 19:01:51 GMT

Mortgage Rates Continue to Fall - Washington Post

ABC News

Mortgage Rates Continue to Fall
Washington Post - 1 hour ago
AP Mortgage rates dropped for a third straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac, the mortgage-finance giant, reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.04 ...
Freddie Mac gets NYSE notice Bizjournals.com
Freddie Mac gets delisting notice from NYSE BusinessWeek
Reuters - TheStreet.com - BloggingStocks - AFP
all 610 news articles

Publ.Date : Fri, 21 Nov 2008 20:54:22 GMT

Calif. unemployment rate rises to 8.2 percent - BusinessWeek

KCBS

Calif. unemployment rate rises to 8.2 percent
BusinessWeek - 1 hour ago
By JULIET WILLIAMS California's unemployment rate jumped to 8.2 percent in October, the highest rate in 14 years, just as a state fund that pays unemployment benefits was about to run out of money.
Unemployment rate highest since 1994 Bizjournals.com
State unemployment takes big jump to 8. 2 % San Francisco Chronicle
Modesto Bee - Press-Enterprise - Sacramento Bee - YubaNet
all 72 news articles

Publ.Date : Fri, 21 Nov 2008 20:15:01 GMT

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