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Rss Directory > News > Economy & Business > Yahoo! News: Most Viewed - Business


Yahoo! News
Most Viewed - Business
Copyright: Copyright (c) 2008 Yahoo! Inc. All rights reserved.
AP - General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports.

Treasury Secretary Henry Paulson, left, listens as President Bush speaks with the G7 Finance Ministers in the Rose Garden of the White House, Saturday, Oct. 11, 2008, in Washington. (AP Photo/Evan Vucci)AP - President Bush emerged from a meeting with foreign financial officials on Saturday and pledged a global response to the credit crisis that will lead toward a "path of stability and long-term growth."


General Motors Corp Headquarters is seen along the Detroit River in Detroit, Michigan September 17, 2008. (Rebecca Cook/Reuters)Reuters - General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to a source briefed on the matter.


Ford customer Kim Cloud, left, listens to Ford salesman James Blake, right, at a Ford dealership in San Leandro, Calif., Wednesday, Oct. 1, 2008. Tight credit, economic worries and high gasoline prices combined to crush the sales of U.S. and foreign automakers alike last month, with Ford Motor Co., Toyota Motor Corp. and Chrysler LLC all posting drops of more than 30 percent. (AP Photo/Paul Sakuma)AP - Mazda denied Saturday that a decision had been made by troubled Ford Motor Co. to sell its stake in the Japanese automaker but it didn't rule out a possible deal.


The price per gallon can seen on a sign as Rick Long of Elk Township, N.J. delivers gasoline from his tanker truck to a gas station in Pennsauken, N.J., Wednesday, Oct. 8, 2008. The prices posted each day at the corner gas station were a narrative of pain, a prescription for sacrifice, and ultimately, a shock to the American psyche so great that it is unlikely to go away even as gasoline prices drop. (AP Photo/Mel Evans)AP - Prices at the pump are dropping fast, and gas could fall below $3 a gallon in a matter of weeks, if not sooner. Does that mean Americans will return to their heedless, gas-guzzling ways?


  Sat, 11 Oct 2008 06:47:12 +0200

Ray Grehan, property developer, is shown at his development called 'The Grange' in Dublin, Ireland, on Sept. 26, 2008. Tens of thousands of Irish face a financial white-knuckle ride because Europe's longest-running winning streak, the vaunted Celtic Tiger economy, has come to an inglorious end. Last month, Ireland became the first country in the 15-nation euro zone to fall into recession. (AP Photo/Peter Morrison)AP - Davey McKeever was down to his last bet slip of the night, crumpled in a sweaty fist, at the Shelbourne Park greyhound track. The remnants of McKeever's first unemployment check would rise or fall on the ironically named Nest Egg.


NFL Commissioner Roger Goodell, left, joins Houston Texans owner Bob McNair on the sidelines before the Texans game against the Indianapolis Colts on Sunday, Oct. 5, 2008 in Houston. (AP Photo/David J. Phillip)AP - The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should carry the league's NFL Network on its popular digital cable package.


Reuters - Ford Motor Co is considering selling its stake in Japan's Mazda Motor Co (7261.T), a source familiar with the matter said on Saturday, as debt-laden U.S. automakers struggle with weakening auto sales and the global credit crunch.

In this July 25, 2008 file photo, actor Justin Bruening poses with KITT at the Knight Rider unveiling during the 2008 Comic-Con International Convention in San Diego. The talking car known as KITT, originally a Pontiac Trans Am in the 1980s series, returned to TV this fall as part of a new version of the show on NBC, but this time in the form of a Ford Shelby Mustang.  (AP Images/Mark Davis, file)AP - In this fall's TV season, a secret agent speeds around in a Chevrolet Camaro, a man tries to save the world with the help of a Dodge Ram pickup, and a famous talking car returns to the streets in the form of a Ford Mustang.


BusinessWeek Online - In the fickle world of retailing, where hot concepts can be as fleeting as pop stardom, Costco (NasdaqGS:COST - News) has been a fortress of stability over the years. The $72 billion discount warehouse chain has built an empire of 544 stores in 40 states on one proposition to which it is fanatically devoted: keeping the prices of its quirky assortment of wares, everything from bulk antacids to flat-screen televisions, as low as possible.

A broker reacts at the stock market in Frankfurt, central Germany, Wednesday, Oct. 8, 2008. European markets tumbled in early trading Wednesday amid ongoing fears about the state of the credit markets. (AP Photo/Michael Probst)AP - Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance.


Reuters - U.S. regulators took over two small banks on Friday, in Michigan and Illinois, bringing the tally of bank failures to 15 so far this year.

Trader Joseph Acquafredda, right, works on the floor of the New York Stock Exchange, Friday Oct. 10, 2008. (AP Photo/Richard Drew)AP - Just a year ago, investors were swaggering as the stock market surged to an all-time high. Now, almost everyone on Wall Street and Main Street seems to be shuddering amid a frightening reversal of fortune that has erased $8.3 trillion in shareholder wealth in the past 366 days.


Construction workers at Milan's Malpensa airport in March 2008. The Italian employers' association is predicting that the economy will retract by 0.5 percent in 2009.(AFP/File/Giuseppe Cacace)AFP - The Italian employers' association predicts negative growth for the country next year, its head said on Saturday, down nearly one percentage point to minus 0.5 percent, ANSA news agency reported.


AP - Finance officials from the world's top economic powers endorsed a plan Friday to stem the worst financial crisis in more than a half-century.
PRWeb - Magnolia Private Residence Club Presents Affordable Luxury.

The head of the International Monetary Fund, Dominique Strauss-Kahn urgently called Friday for AFP - The head of the International Monetary Fund, Dominique Strauss-Kahn, urgently called Friday for "cooperative" actions to boost confidence and ease a global financial crisis.


Trader Fred Demarco works on the floor of the New York Stock Exchange, Friday Oct. 10, 2008. Wall Street capped its worst week ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually end with a modest advance. (AP Photo/Richard Drew)AP - "There's nothing that's come anywhere near this."


BusinessWeek Online - While Ed Wallace claims in his Oct. 8 column that there is no auto credit crisis (BusinessWeek.com, 10/7/08), I invite him to actually talk with any of the thousands of customers who couldn't secure adequate financing on a new vehicle purchase this past month.
BusinessWeek Online - ARTEIXO, SPAIN Many U.S. apparel retailers are choking on slow-moving inventories as consumers hold back on spending. But Spain's Inditex, whose Zara chain pioneered cheap chic, is zipping ahead. The $13.8 billion company, which is closing in on Gap for the title of world's biggest clothing retailer, has nearly quadrupled sales, profits, and locations since 2000. This year, Inditex plans to expand by up to 640 stores. "They will weather the storms better than most of their rivals," says Michael Lewis, a supply-management professor at University of Bath's School of ...

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