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Top news - Business latest news



Will Paulson's Bank Plan Finally Unfreeze Credit?
Treasury isn't quite going to nationalize America's banks but it may just become the biggest investor and stockholder in the troubled credit industry
Time Friday, October 10, 2008

Dollar's decline offers relief
Export market tilts in favour of manufacturers as loonie hits low not seen since early 2007
The Globe and Mail Friday, October 10, 2008

'Recession': Local stocks in freefall
AustraliaN shares were in freefall today amid fears Asian economies were heading towards recession.
The Australian Friday, October 10, 2008

U.S. considering backing bank debt, deposits: WSJ
The United States is considering guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits
The Globe and Mail Friday, October 10, 2008

U.S. weighs backing bank debt, deposits: reports
SYDNEY (Reuters) - The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street Journal reported on Friday.
Reuters Friday, October 10, 2008

Credit squeeze puts Deripaska on the ropes
The global financial crisis is bringing Russia's highest-flying oligarch down to earth
The Globe and Mail Friday, October 10, 2008

Charities Are Bracing For a Long, Hard Winter
As the economic downturn takes out Wall Street's power brokers, it may also collapse the charities depending on their largesse
Time Friday, October 10, 2008

Hazardous Waste Rules Eased
The move aims at encouraging small businesses to recycle industrial by-products.
INC.com Friday, October 10, 2008

Inc.com Blogs: Is the Green Bubble a Good Thing?
Lately, I have heard lots of talk about the "Green Bubble" as the ne...
INC.com Friday, October 10, 2008

Citigroup Ends Bid To Buy Wachovia
Citigroup has ended its pursuit of Wachovia, allowing Wells Fargo to proceed with its $15 billion deal to buy the troubled Charlotte bank and emerge as one of the largest retail and commercial banks in the United States.
The Washington Post Friday, October 10, 2008

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