News : AMERICAS : Business, Economics & Finance
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Pearlstein: The Bailout for Detroit
Washington Post columnist Steven Pearlstein will be online to discuss the automotive bailout.
Asia shares dip, yen up
Nov 19 - Asian share markets eased Wednesday as yen strength and economic jitters chilled interest.
Wall Street pulls off final-hour rebound
The Standard and Poor's 500 index nears a 2003 low but Hewlett-Packard's strong outlook helps buoy investors. Wall Street rebounded Tuesday in another turbulent session after the Standard & Poor's 500 index neared a 2003 low.
Price of Southern California homes falls 41% from peak
The median sales price drops to $300,000 in October, dragged down by the large number of foreclosed homes on the market. With the price of Southern California homes down more than 40% from its peak, the housing market has now slid further than most economists expected.
Retreat by Barclays fails to end revolt
Barclays was facing renewed shareholder anger in spite of moves aimed at heading off a revolt over its plans to raise more than £7bn in fresh capital from Middle Eastern investors
Babcock Brown slashes jobs and assets
Australian investment firm Babcock & Brown is selling about half of its assets and it announced sweeping job cuts in an attempt to settle its bank debts and safeguard its future
Asian stocks mixed despite Wall Street gains
Asian and Pacific markets were mixed but mostly lower on Wednesday despite modest gains on Wall Street.
Mazda buys back chunk of own shares from Ford
TOKYO -- Mazda spent 17.8 billion yen ($184 million) to buy back 6.8 percent of its own shares from cash-hungry Ford Motor Co., the Japanese automaker said Wednesday.
Consumers may get ray of good news: lower prices
American consumers hit by a seemingly endless stream of bad news, from vanishing jobs to shrinking retirement accounts, may be in for a small dose of relief: lower prices at stores.
A rare ray of sunshine for shoppers: lower prices
American consumers hit by a seemingly endless stream of bad news, from vanishing jobs to shrinking retirement accounts, may be in for a small dose of relief: lower prices at stores.
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