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3 European Central Banks Cut Rates   more similar news »
The steep cuts are meant to lower borrowing costs as the global downturn worsens.
Fri Dec 05, 2008
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More Financial Jobs Are Cut in Europe   more similar news »
Investment banks across Europe announced job cuts, including 5,300 at Credit Suisse and 1,200 at Commerzbank.
Fri Dec 05, 2008
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AT&T to Cut 12,000 Jobs as Landline Losses Grow   more similar news »
Already struggling with a decline in its wireline telephone service, AT&T said that it would cut about 4 percent of its work force and spend less on equipment in 2009.
Fri Dec 05, 2008
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DuPont Cuts 2,500 Jobs and Warns of 4th-Quarter Loss   more similar news »
With steep drops in housing construction and auto sales, the company moves to trim $600 million in costs.
Fri Dec 05, 2008
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Starbucks Issues a Warning on Profit   more similar news »
The warning came hours after the company’s chief executive tried to assuage concerns about the recession’s effect on the coffee retailer’s sales and profits.
Fri Dec 05, 2008
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Embattled, Fund Shifts Cost of Suits to Investors   more similar news »
If shareholders continue to wage legal battles against the fund and its manager, they risk getting far less back, because more of their money will be used to pay the fund company’s outside lawyers.
Thu Dec 04, 2008
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High & Low Finance: Trump Sees Act of God in Recession   more similar news »
Donald Trump has filed a lawsuit maintaining that the current financial crisis provides him with a good reason not to pay $40 million owed to Deutsche Bank.
Thu Dec 04, 2008
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Auto Executives Face a Hard Sell on Capitol Hill   more similar news »
The Detroit automakers confronted the harsh politics of an economic downturn and the realization that there might not be the votes to save them.
Thu Dec 04, 2008
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The Energy Challenge: Energy Goals a Moving Target for States   more similar news »
States’ struggles to satisfy energy mandates offer lessons for the next administration.
Thu Dec 04, 2008
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S.E.C. Charges a Venture Capitalist With Fraud   more similar news »
Federal authorities accused William Del Biaggio III of defrauding investors and using the money to buy his $25 million stake in the Nashville Predators hockey team.
Thu Dec 04, 2008
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Icahn Increases Stake in Yahoo   more similar news »
The financier now owns about 5.4 percent of the Internet search company, according to a regulatory filing on Thursday.
Thu Dec 04, 2008
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Energy Sector Suffers as Oil Falls to the Lowest Level in 4 Years   more similar news »
Oil prices closed down $3 a barrel to $43.67 as the economy slowed and demand eased.
Thu Dec 04, 2008
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Washington’s New Tack: Helping Homeowners   more similar news »
The Treasury Department is working on a plan to boost the housing market by subsidizing 30-year home mortgages with rates as low as 4.5 percent.
Thu Dec 04, 2008
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Retail Sales Are Weakest in 35 Years   more similar news »
Most of the nation’s stores kicked-off the critical holiday shopping season with double-digit sales declines, despite relatively strong sales in the few days after Thanksgiving.
Thu Dec 04, 2008
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Buyers Said to Weigh Purchasing a Piece of Bell Canada, Not All of It   more similar news »
The effort, led by the Ontario Teachers’ Pension Plan, comes after auditors said they could not certify the phone company as solvent.
Thu Dec 04, 2008
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In Trade Post Contender, Political Benefits for Obama   more similar news »
Representative Xavier Becerra, Democrat of California, would punch several political tickets at once as the president-elect’s chief trade negotiator.
Thu Dec 04, 2008
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Is Chrysler Simply Looking for a Mate? That’s the Take of a Tennessee Senator   more similar news »
Senator Bob Corker said that the company’s parent was more interested in finding a merger partner than building a viable automaker for the long term.
Thu Dec 04, 2008
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Breakingviews.com: Hedge Funds Need Makeover   more similar news »
The old hedge fund model has flaws to fix if they are to fight another day.
Thu Dec 04, 2008
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A.M.D. Expects 25% Slide in Sales   more similar news »
The chip maker warned that fourth-quarter revenue would be much weaker than expected because of sluggish demand.
Thu Dec 04, 2008
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Microsoft Names New Chief for Internet Unit   more similar news »
Microsoft named Qi Lu, a former Yahoo executive, to run its struggling Internet unit on Thursday.
Thu Dec 04, 2008
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Liechtenstein To Share Some Secrets Of Its Bank   more similar news »
Under increasing scrutiny for its role as a leading offshore tax haven, the country will now in limited circumstances turn over the bank records of American clients suspected of tax evasion.
Thu Dec 04, 2008
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The Rocky Mountain News Is Put Up for Sale After Losing $11 Million in 9 Months   more similar news »
Like other newspapers, the Denver newspaper has been facing declining classified and advertising revenue and rising distribution costs.
Thu Dec 04, 2008
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Advertising: A Wink to Theatergoers, and Nods to Broadway   more similar news »
A humorous campaign for the coming “Shrek the Musical” spoofs Broadway musical theater, poking fun at songs and song titles from other musicals.
Thu Dec 04, 2008
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Factory Orders Fall Sharply; Decline Is Steepest in 8 Years   more similar news »
The 5.1 percent decline was the third consecutive drop in demand for both durable goods and nondurable goods.
Thu Dec 04, 2008
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Jobs Slashed at Viacom and NBC Universal   more similar news »
Viacom said it would cut nearly 7 percent of its work force, or 850 workers, while NBC Universal said it was laying off 500 employees.
Thu Dec 04, 2008
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Merck Offers a Cautious Forecast for 2009   more similar news »
The company cited a harsh impact from the stronger dollar and continuing sluggish sales of several big medicines.
Thu Dec 04, 2008
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Loss Narrows at Toll Brothers, but Outlook Is Cloudy   more similar news »
The largest U.S. luxury home builder wrote down less inventory in the fourth quarter, but dire market conditions kept it from giving any kind of forecast.
Thu Dec 04, 2008
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New Zealand Cuts Interest Rates   more similar news »
New Zealand’s central bank cut its interest rates on Thursday, joining policy makers around the world seeking to lower the cost of borrowing to bolster their slowing economies.
Thu Dec 04, 2008
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Advertising: This Season’s Must-Have: The Humble Coupon   more similar news »
The faltering economy could mean renewed interest in coupons as shoppers refocus on the cost of the products they buy — that is, if they do actually buy anything these days.
Thu Dec 04, 2008
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Capital One May Acquire a Rival Bank   more similar news »
Capital One Financial is planning to buy Chevy Chase Bank for about $520 million in a deal that will create a new midlevel player in the industry.
Thu Dec 04, 2008
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