TUESDAY, OCTOBER 07, 2008
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OCTOBER 7, 2008  —  TOP NEWS
Zoellick: Break Up the Group of Seven
The World Bank president says the group doesn't adequately represent a global financial system that is dispersed and endangered

OCTOBER 7, 2008  —  TOP NEWS
Can GM and Ford Scrape By?
Stocks of the two big U.S. automakers sink again as they face new questions about cash and credit

OCTOBER 7, 2008  —  TOP NEWS
College Costs: Coping with the Meltdown
Some schools will work with a parent to find emergency loans and other ways to adjust as credit options and portfolios shrink

OCTOBER 6, 2008  —  TOP NEWS
Wachovia: A Split May Boost the Banking Industry
The legal battle between Citi and Wells Fargo over Wachovia is suspended, for now. But at least it shows there are assets worth fighting over

OCTOBER 5, 2008  —  TOP NEWS
Spielberg's New Paramount Deal
Yes, India's Reliance is bankrolling Spielberg's new studio, but the director will still be in business with his old studio

OCTOBER 4, 2008  —  TOP NEWS
The Bailout: What Does Paulson Do Now?
Even with $700 billion, the Treasury Secretary must selectively target banks and toxic assets to get the maximum impact

OCTOBER 3, 2008  —  TOP NEWS
The Bailout: House Jitters?
Congressional leaders say changes to the Paulson plan will draw enough votes, but they were confident on Monday, too

OCTOBER 3, 2008  —  TOP NEWS
Wachovia To Be Acquired by Wells Fargo
Previous plans to sell banking operators to Citigroup are off the table

OCTOBER 3, 2008  —  TOP NEWS
Statement from Wells Fargo and Wachovia
Statement from Wells Fargo and Wachovia

OCTOBER 3, 2008  —  TOP NEWS
Paulson Statement on Emergency Economic Stabilization Act
Oct. 3, 2008

OCTOBER 3, 2008  —  TOP NEWS
House Reverses Field, Votes 'Yes' on Bailout
Representatives are swayed by added tax breaks and deposit insurance, a flood of angry business calls, and the threat of another market meltdown

OCTOBER 3, 2008  —  TOP NEWS
California to Feds: Got a Spare $7 Billion?
The Golden State, which recently scrambled to fill a $15 billion budget gap, still may not be able to meet its payroll without help

OCTOBER 3, 2008  —  TOP NEWS
General Growth Properties Staggers Under Debt Load
Analysts say the owner of 200-plus shopping malls might be forced into sale amid cash crunch, credit crisis, stock declines

OCTOBER 2, 2008  —  TOP NEWS
Las Vegas' Losing Streak
The credit squeeze, on top of the travel-and-gambling slump, is forcing the Sin City billionaires to beef up their balance sheets

OCTOBER 2, 2008  —  TOP NEWS
The Bailout: Business Lobbyists Bear Down
Lobbyists for everyone from carmakers to air-conditioning companies to AARP tell Congress they need the Paulson plan to pass

OCTOBER 2, 2008  —  TOP NEWS
Bank of America to Lehman: Where's Our Money?
Big investment partners claim billions of dollars just disappeared when Lehman filed for bankruptcy

OCTOBER 2, 2008
Why You Shouldn't Bail on Stocks Now
Today's bunker mentality has the stock market looking cheaper relative to Treasury bonds than it has since 1978

OCTOBER 1, 2008  —  TOP NEWS
Municipal Bonds Freeze Up
Interest payments soar for cities and counties, some of which loaded up on complex derivative deals similar to ones that swamped many banks

OCTOBER 1, 2008  —  TOP NEWS
Views on the Bailout, from Harlem to Wall Street
The attitudes of New Yorkers, like those of most Americans, vary according to what they have at stake

OCTOBER 1, 2008  —  TOP NEWS
The Bailout: Senate Is Next
A vote is scheduled for Wednesday night on a modified Paulson plan, with tax breaks and more FDIC protection for depositors

OCTOBER 1, 2008  —  TOP NEWS
Gas Shortages Plague the Southeast
Hurricane-related disruptions in the supply of fuel from Gulf Coast refineries have led stations in Atlanta and elsewhere to run out of gas

SEPTEMBER 30, 2008  —  TOP NEWS
Consumers: Caught in the Credit Squeeze
With or without a bailout package, consumer credit will be tight in the short term, analysts say

SEPTEMBER 30, 2008  —  TOP NEWS
A Federal Probe of Fannie and Freddie
The mortgage giants have received grand-jury subpoenas on accounting and governance matters as the FBI widens its financial probe

SEPTEMBER 30, 2008  —  VIEWPOINT
Mandel: Expand FDIC Coverage, Now
BusinessWeek's chief economist argues that an increase in bank-deposit insurance is the fastest and clearest way for Congress to calm things down

SEPTEMBER 29, 2008  —  TOP NEWS
Financial Crisis Shock Waves Reach Municipalities
Jefferson County, Ala., may be headed for the largest municipal bankruptcy ever. With the economy shrinking, it may not be alone

SEPTEMBER 29, 2008  —  TOP NEWS
Credit Crunch on Main Street
Defaults on corporate loans have jumped, lenders to McDonald's franchisees are strapped, and big names like GM are facing liquidity problems

SEPTEMBER 29, 2008  —  TOP NEWS
Wall Street Bailout: What's Next?
The House leadership is left wondering what can possibly bring enough votes to pass a financial rescue

SEPTEMBER 29, 2008  —  BANKING
Wachovia: Just the Plum Citigroup Needed
Citi fills a key void with its dirt-cheap buy of the retail banking franchise. Wachovia, meanwhile, can point to poor judgment in acquisitions

SEPTEMBER 29, 2008
Prime Time for Videoconferencing
"Telepresence" is helping the tiny startup LifeSize Communications, and giants like Cisco

SEPTEMBER 28, 2008  —  TOP NEWS
Washington Tries to Wrap Up the Bailout
White House and party leaders push a revised financial rescue plan as markets react coolly and Europe faces its own crisis

SEPTEMBER 28, 2008  —  TOP NEWS
The Commercial Paper Squeeze: Why It Hurts
A bond market expert explains how short-term commercial paper lubricates the gears of commerce, and what happens when it folds up

SEPTEMBER 27, 2008  —  WHAT'S YOUR STORY IDEA
Why Maple Syrup Costs So Much
Mild spring weather in Canada and rising demand for syrup as a natural sweetener are making things sticky for bakers

SEPTEMBER 27, 2008  —  TOP NEWS
Credit Crunch Could Prove Costly for Boeing
Along with its strike and Dreamliner delays, the aerospace giant may be faced with customers who need help financing new-plane orders

SEPTEMBER 27, 2008  —  ELECTION 2008
Economy Dominates the Debate
McCain and Obama spar over the impact of the $700 billion bailout on Main Street and Wall Street. In Congress, weekend talks continue

SEPTEMBER 26, 2008  —  BUSINESS NAMES
Billionaire Eli Broad on the Bailout
The philanthropist says the $700 billion Wall Street bailout is just the first step to getting the economy back on its feet again

SEPTEMBER 26, 2008  —  TOP NEWS
JPMorgan Chase to Buy Washington Mutual
In a deal brokered by the federal government, JPMorgan Chase will pay $1.9 billion for deposits and branches. WaMu depositors will be protected

SEPTEMBER 25, 2008  —  TOP NEWS
Bailout Outrage Races Across the Web
The Internet is flooded with angst about Treasury Secretary Paulson's proposed $700 billion bailout—and inspiring old-fashioned street protests

SEPTEMBER 25, 2008  —  ENERGY
Anger in Houston over Post-Ike Power Outage
Two weeks after Hurricane Ike, many Texans remain in the dark. Yet the power company, CenterPoint Energy, has come away mainly unscathed

SEPTEMBER 25, 2008  —  TOP NEWS
The Financial System Bailout: Deal or No Deal?
Congressional leaders announce a pact in principle, but it stalls under resistance from rank-and-file Republicans. McCain says he will debate Obama after all

SEPTEMBER 24, 2008  —  TOP NEWS
The Bailout: Public Anger, Private Talks
Congress is wary of angry voters, but behind the scenes a compromise is forming. Executive pay restrictions may be near

SEPTEMBER 24, 2008  —  TOP NEWS
America's Image Hangs In
America's Image Hangs In

SEPTEMBER 24, 2008  —  TOP NEWS
Bargain Hunting: Luxury Retailers Find an Outlet
With sales at their main locations sagging, Saks, Nordstrom, and others are tapping budget-conscious shoppers by expanding their outlet stores

SEPTEMBER 24, 2008  —  TOP NEWS
Warren Buffett, Goldman's White Knight
The Oracle of Omaha's $5 billion cash infusion may save Goldman Sachs, but the tottering bank's health and prospects have lost their shine

SEPTEMBER 23, 2008  —  TOP NEWS
Bill Clinton on Fixing the Economic Crisis
The former President advocates a moratorium on foreclosures, stricter transparency standards, and a deal that isn't all downside for taxpayers

SEPTEMBER 23, 2008  —  TOP NEWS
Wall Street Bailout Could Crimp CEO Pay
Democrats want to rein in rich exit packages and reclaim millions paid to bosses who piled up toxic mortgage assets. But it won't be easy

SEPTEMBER 23, 2008  —  TOP NEWS
Oil Prices Explode
Prospects for a weaker dollar and worries about the Wall Street bailout send investors flooding back into the oil market

SEPTEMBER 23, 2008  —  TOP NEWS
Boutique Banks to Cash In
With the collapse or conversion of big banks, smaller competitors stand to scoop up talent and M&A business. Some of their stocks are up sharply

SEPTEMBER 23, 2008  —  TOP NEWS
Warren Buffett Takes a Goldman Stake
Buffett's Berkshire Hathaway will provide the giant investment bank with a $5 billion cash infusion in exchange for preferred shares

SEPTEMBER 23, 2008  —  TOP NEWS
More Pain at WaMu
An endgame for the retail banking giant may depend on a federal bailout agreement and help sorting out up to $28 billion in loan losses

SEPTEMBER 22, 2008  —  LABOR
Employee Free Choice Act: Labor vs. Business
As unionizing law, would EFCA help workers or hurt U.S. competitiveness? Home Depot co-founder Bernie Marcus and lawmaker George Miller offer different views


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