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admin  2008-11-19 02:35   

General Electric Co. said Tuesday that it is reorganizing its GE Capital unit to save $2 billion next year, a move the company said will lead to job cuts as it restructures and shrinks the size of the lending arm battered by the credit crisis.

In a video posted on the company's blog, GE Capital Chief Operating Officer Bill Cary said GE Capital, which provides commercial and consumer ...

admin  2008-11-18 16:35   

Treasury Secretary Henry Paulson told Congress today that he opposes tapping a $700 billion taxpayer-funded bailout pool to help struggling U.S. automakers.

Paulson and Federal Reserve Chairman Ben Bernanke were on Capitol Hill defending their management of the bailout program, just one week after the administration abandoned the original strategy behind the rescue.

Although having ...

admin  2008-11-18 02:35   

Stacks of charred bricks, blackened shells of cars and burned tree trunks were all that remained Monday in much of the community some residents once called the "Beverly Hills of mobile home parks."

The mostly retired residents returned to see what was left of their homes at Oakridge Mobile Home Park, where winds with hurricane intensity blew a wall of fire through nearly 500 manufactured ...

admin  2008-11-17 06:35   

Firefighters tend to hot spots at the Oakridge Mobile Home Park, which was just about razed by the Sayre Fire in Sylmar.

SOUTHERN CALIFORNIA FIRES: Click here for live video coverage when available .

(scroll down for evacuation information, maps, and latest story content)

Click here to refresh the most recent version of this story.

9:16PM - All of the evacuation centers ...

admin  2008-11-17 02:35   

By MIKE STOBBE Sunday, November 16, 2008 2:45 PM PST

Increase Font Decrease Font print this story Matt Chambers, owner of Ferrell-Chambers Funeral Home in Huntington, W.Va., turns through a three-ring binder that shows a broad selection of over-sized caskets he is now able to offer families to help accommodate larger bodies of their deceased loved ones, Sept. 29, 2008. (AP Photo/Howie McCo...
admin  2008-11-16 02:35   

SEOUL, South Korea - In this city's Apgujeong district, famous for its high-end boutiques and plastic surgeons, tourist buses unload Chinese and Japanese visitors looking for a nip and tuck as part of their packaged tour.

Skip to next paragraph Enlarge This Image Jean Chung for the International Herald Tribune

Gregory Kellstrom, an American, recently visited the Wooridul Spine Hospita...

admin  2008-11-15 06:35   

Sales at department store group John Lewis fell 9.7 percent to 57.78 million pounds in the week to November 8, despite earlier signs of recovery in high street trading. The company said trading was held back by "economic uncertainty and grim weather". The drop in sales follows a more upbeat set of figures in the previous week, when sales eased just 1.3 percent lower, compared to 9.8 percent for...

admin  2008-11-15 02:35   

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admin  2008-11-14 02:35   

Member Center : Register Sign In President- elect Barack Obama Market Crisis Oil Prices SPY 91.17 6.23%QQQQ 30.46 6.10%GE 16.86 3.50%Volume Leaders Australia Brazil China Germany Hong Kong India Indonesia Japan Mexico South Korea United Kingdom United States HOME POLITICS & POLICY INDUSTRIES GLOBAL MARKETS TECHNOLOGY PERSONAL FINANCE ENTERTAINMENT EDUCATION TOP NEWS HEADLINES FOREX CENTER COMM...

admin  2008-11-13 06:35   

Map Trouble Spots Key Routes I-77N 521 By MARTIN CRUTSINGER

AP Economics WriterPosted: Thursday, Nov. 13, 2008 Slideshow

Treasury Secretary Henry Paulson speaks during a news conference at the Treasury Department in Washington, Nov. 12, 2008.

Treasury Secretary Henry Paulson speaks during a news conference at the Treasury Department in Washington, Nov. 12, 2008.

Treasu...