U.S. stock indexes trim gains after House passes bill
Date: Fri, 03 Oct 2008 17:03:54 -0400
U.S. stock indexes trim gains after House passes bill
U.S. stocks ease back on their rally after the House of Representatives
approves a revised $700 billion bailout plan.
Small Business Report: Latest credit freeze not hitting small firms hard
-- yet
Amid a tightening credit crunch, banks' refusal to lend to each other is
hampering the operations of companies in an array of industries, but the
degree to which the recent credit crisis is crimping small U.S. firms is
a matter of some debate.
Citi slams Wachovia-Wells deal, says it had exclusive rights
Citigroup lashes out against Wachovia-Wells deal, saying it has
exclusive rights.
AIG puts many businesses up for sale as it seeks to repay Fed
American International Group plans to refocus on its core property and
casualty insurance businesses and is looking into the sale of other
units as it seeks to repay a massive loan from the Federal Reserve.
Economic Report: Payrolls fall by 159,000 in September, worst in 5
years
U.S. employment fell by 159,000 in September, the worst job losses since
March 2003, the Labor Department reported Friday.
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