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AIG aircraft unit seeks $5bn Fed credit line
AIG's aircraft-leasing unit is in talks over a $5bn credit line from the Federal Reserve that could be used to facilitate its sale - an unusual move that would raise the stakes in the US government's bail-out of the stricken insurer
FT

Ottawa jumps into the car warranty business
Government will spend up to $185-million to back warranties of new GM, Chrysler cars to prevent crisis from causing sales collapse
The Globe and Mail

Niger and rebels `agree to peace`
Reports say the government of Niger and Tuareg rebels of the Movement of Niger People for Justice (MNJ) have agreed to end hostilities.
BBC

Loan demand from first time home buyers at record
First-time home buyers are taking a growing proportion of new home loans due to lower interest rates and a more generous grant from the federal government. In February, first-time home buyers made up...
Big News Network

Humana shares higher on Medicare reimbursement revision
Shares of Louisville-based Humana were higher this morning following last night's announcement from the federal government that it will bump up its initial estimate of a rate used to figure Medicare Advantage reimbursement.
Topix.net

U.S. stocks plunge on gloomy earnings season
U.S. stocks plunged on Tuesday as investors worried that the U.S. government's effort to help banks might not work and first-quarter earnings reports might be worse. A report published by London-based...
bignewsnetwork.com

Poverty census starts to make BISP effective
BISP allocation will be enhanced to Rs68bn to reduce poverty that has risen to 40pc Wednesday, April 08, 2009 By Khalid Mustafa ISLAMABAD: The government has started poverty census to ensure be...
India Gazette

Goldman CEO: Wall St. executive pay needs overhaul (AP)
Goldman Sachs CEO Lloyd Blankfein says Wall Street compensation needs to be overhauled and hedge funds subjected to government oversight to reduce the kind of excessive risk taking that stoked the global financial crisis.
yahoo.com

9 bln yuan Sichuan Province local bond sale to open on Wednesday
A total of 9 billion yuan (1.32 billion U.S. dollars) of local government bonds of China's western Sichuan Province are scheduled for sale on April 8, said the Chinese Ministry of Finance (MOF) Tuesda...
Big News Network

TALF loan requests sink 64% to $1.7 bln, NY Fed says
SAN FRANCISCO (MarketWatch) -- Investors applied for $1.7 billion in loans to buy asset-backed securities under a new government program designed to jumpstart consumer lending, the New York Federal Reserve Bank said in an update to its Web site late Tuesday. Investors requested $811 million in discount Fed financing to buy bonds backed by auto-loan receivables and $897 million to buy bonds backed by credit-card payments under the Fed's Term Asset-Backed Securities Loan Facility (TALF). The $1.7 billion in loan requests falls short of the $3.3 billion in TALF-eligible bonds issuers brought to the market Tuesday, according to Informa analyst Chris DeReza. It's also less than half of what investors requested in loans to buy asset-backed securities in the first round of TALF. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Market Watch

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Archived "business - government" news stories.

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