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Business News

Bush, allies seek to calm jittery investors
Sat, 11 Oct 2008 22:28:36 GMT
WASHINGTON (AP) -- President Bush and foreign financial officials staged repeated displays of joint resolve Saturday to combat an unfolding financial crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action....

IMF calls for vigilance in fighting credit crisis
Sat, 11 Oct 2008 23:05:03 GMT
WASHINGTON (AP) -- The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis....

All that money you've lost _ where did it go?
Sat, 11 Oct 2008 16:41:59 GMT
NEW YORK (AP) -- Trillions in stock market value - gone. Trillions in retirement savings - gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll - gone, gone, gone....

Analysts: GM would need cash to acquire Chrysler
Sat, 11 Oct 2008 21:45:16 GMT
DETROIT (AP) -- For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts....

Qwest reaches tentative agreement with union
Sat, 11 Oct 2008 10:01:40 GMT
DENVER (AP) -- Qwest Communications International Inc. says it has reached a tentative agreement for a four-year contract with a union representing about 20,000 employees....

Mazda says no decision on sale of Ford's stake
Sat, 11 Oct 2008 18:17:59 GMT
TOKYO (AP) -- Mazda denied Saturday that a decision had been made by troubled Ford Motor Co. to sell its stake in the Japanese automaker, but didn't rule out a possible deal....

FCC sides with NFL Network in dispute with Comcast
Sat, 11 Oct 2008 07:43:35 GMT
WASHINGTON (AP) -- The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should carry the league's NFL Network on its popular digital cable package....

Automakers push key vehicles through fall TV shows
Sat, 11 Oct 2008 14:13:49 GMT
NEW YORK (AP) -- In this fall's TV season, a secret agent speeds around in a Chevrolet Camaro, a man tries to save the world with the help of a Dodge Ram pickup, and a famous talking car returns to the streets in the form of a Ford Mustang....

Aggressive Mars breathes down Hershey's neck in US
Sat, 11 Oct 2008 04:45:05 GMT
ELIZABETHTOWN, Pa. (AP) -- This stretch of rolling dairy country has long been Milton Hershey's turf, where he first found success making chocolate more than a century ago and earned a name synonymous with chocolate in America....

Key dates in Chrysler's recent history
Sat, 11 Oct 2008 19:28:10 GMT
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company, DaimlerChrysler AG, begins trading on the Frankfurt and New York stock exchanges on Nov. 17....

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