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Business News

Leader hopeful on coordinated Euro crisis response
Sun, 12 Oct 2008 15:23:38 GMT
PARIS (AP) -- President Nicolas Sarkozy said he expects a meeting of 15 European leaders Sunday to produce an ambitious, coordinated plan to battle the effects of the global financial crisis....

China looking inward as foreign economies slow
Sun, 12 Oct 2008 15:20:51 GMT
BEIJING (AP) -- China's ruling Communist Party on Sunday said it would seek to expand its massive internal market to counter the global economic slowdown that has reduced international demand for Chinese goods....

Palin has mixed record as fiscal conservative
Sun, 12 Oct 2008 14:21:21 GMT
ANCHORAGE, Alaska (AP) -- Alaska Gov. Sarah Palin, the Republican nominee for vice president, bills herself as a fiscal conservative. But that can be a relative term when you're governor of a state gushing with oil money....

Wales rides a coal renaissance
Sun, 12 Oct 2008 15:17:23 GMT
CWMGRACH, Wales (AP) -- Deep under a pine-covered mountain, men clamber into red overalls and heavy boots, strap on lamps and attach sensors that check gas levels....

Developing countries feeling fallout from meltdown
Sun, 12 Oct 2008 15:25:04 GMT
WASHINGTON (AP) -- The fallout in developing and poor nations from the economic crisis is drawing attention from global finance ministers as the U.S. and allies seek to present a united front and calm jittery investors....

Efforts on global warming chilled by economic woes
Sun, 12 Oct 2008 14:22:41 GMT
WASHINGTON (AP) -- The economic free fall gripping the nation may bring down one of the main environmental objectives: capping the greenhouse gases that are blamed for global warming....

Amid the meltdown, economics Nobel no easy pick
Sun, 12 Oct 2008 15:22:23 GMT
STOCKHOLM, Sweden (AP) -- If history is any guide, this year's Nobel economics prize will award the developers of economic theories that have had the time to take root, grow and prove resilient....

Bailout managers may be buying own securities
Sun, 12 Oct 2008 14:28:01 GMT
WASHINGTON (AP) -- The government's plan to make sure private managers of a $700 billion bailout plan are free of conflicts of interest is weak, according to some critics, and allows too much room for abuse....

Analysts: GM would need cash to acquire Chrysler
Sun, 12 Oct 2008 09:14:01 GMT
DETROIT (AP) -- For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts....

Tax rebate, food stamp money possible in aid plan
Sun, 12 Oct 2008 09:12:45 GMT
WASHINGTON (AP) -- After consulting with Barack Obama, Democratic leaders are likely to call Congress back to work after the election in hopes of passing legislation that would include extended jobless benefits, money for food stamps and possibly a tax rebate, officials said Saturday....

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