Selasa, 03 November 2009

11/4 Latest financial news - CNNMoney.com

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CIT's long goodbye
November 3, 2009 at 5:02 pm

When CIT Group filed for bankruptcy Sunday, it wasn't much of a surprise. The once-dominant small business lender has been largely sidelined for more than a year.

Investing by burgers and beer
November 3, 2009 at 3:53 pm

You decide you're going to have some friends over to watch a little NASCAR. You hit the supermarket and buy some burgers, hot dogs and a 12-pack. You get home, fire up the grill, turn on the tube and let your dog out.

Treasurys mixed ahead of Fed statement
November 3, 2009 at 2:59 pm

Bond prices were mixed on Tuesday afternoon as investors await a statement from the Federal Reserve on monetary policy due Wednesday and monthly jobs data due Friday.

Chrysler's big uphill climb
November 3, 2009 at 2:40 pm

Fiat Group will soon unveil its plans to help get the struggling Chrysler Group back on track. But the question that won't be answered is whether these changes will come in time to save the company.

Auto sales bounce back
November 3, 2009 at 2:35 pm

Major automakers reported Tuesday that their October sales rebounded following a weak September, as an increase in the number of cars available at dealers helped to get sales moving once again.

Madoff accountant pleads guilty
November 3, 2009 at 2:20 pm

The longtime accountant of convicted swindler Bernard Madoff pleaded guilty Tuesday to multiple fraud charges in connection to Madoff's notorious, decades-long Ponzi scheme.

The coming explosion at Chrysler
November 3, 2009 at 2:17 pm

On Wednesday, Fiat-Chrysler CEO Sergio Marchionne will go before the media to reveal his plans for America's number-three automaker.

Gold surges to an all-time high
November 3, 2009 at 12:33 pm

Gold prices surged to a record high Tuesday after the International Monetary Fund said it had sold 200 metric tons of the precious metal to India's central bank.

Is Warren Buffett calling a bottom?
November 3, 2009 at 12:24 pm

Warren Buffett said he's making an "all-in wager on the economic future of the United States" with the purchase of railroad Burlington Northern Santa Fe. Let's hope it's a bet that Buffett wins.

Gasp! Fund manager commits selfless act
November 3, 2009 at 11:34 am

It's fun writing about Wall Street's greedheads and tax dodgers. But every once in a while, I get to write about something positive -- and unpublicized -- that some Wall Street types have done. Today's reversal of the Street's natural order involves Davis Advisors.

U.S. dumps China for Mexico
November 3, 2009 at 11:18 am

Mexico did not have an extreme economic makeover, but the global recession was enough to defeat China as the number one place for American assembly-for-export factories, or maquiladoras.

Credit card issuers fight for more profit
November 3, 2009 at 10:04 am

Looks can be deceiving, especially in the credit card business.

Stocks slip in morning trading
November 3, 2009 at 9:57 am

Stocks slipped Tuesday as a rising dollar pressured commodity shares and weakness in global markets rattled U.S. investors.

Johnson & Johnson to cut up to 7% of workforce
November 3, 2009 at 9:23 am

Johnson & Johnson said Tuesday that it will cut up to 7% of its global workforce as part of an ongoing cost-cutting plan that the company says will save up to $1.7 billion by 2011.

Gasp! Fund manager commits selfless act
November 3, 2009 at 8:45 am

It's fun writing about Wall Street's greedheads and tax dodgers. But every once in a while, I get to write about something positive -- and unpublicized -- that some Wall Street types have done. Today's reversal of the Street's natural order involves Davis Advisers.

Buffett's firm to buy Burlington Northern
November 3, 2009 at 8:27 am

Warren Buffett's Berkshire Hathaway said Tuesday it will buy railroad operator Burlington Northern Santa Fe for $44 billion.

Dollar climbs to one-month high
November 3, 2009 at 7:52 am

The dollar rose Tuesday as investors shied away from more risky assets ahead of the start of the Federal Reserve's two-day policy meeting and key jobs data due later this week.

Oil weak ahead of supply, economic reports
November 3, 2009 at 7:07 am

Oil prices fell Tuesday as traders await reports on U.S. inventory levels and key economic data due out later in the week.

How Build-a-Bear invented a bear market
November 3, 2009 at 6:24 am

Cute sells: Stuffed animals are a $1.5 billion industry in the U.S. Commanding nearly a third of that market is Build-a-Bear Workshop, a St. Louis-based retailer that lets customers personalize plush teddies, bunnies and other fuzzy friends. Founder Maxine Clark got the idea for the company in the mid-1990s while toy shopping with a 10-year-old girl who suggested that she and Clark could make their own stuffed animals.

Lower open seen for stocks
November 3, 2009 at 5:15 am

U.S. stock futures tumbled Tuesday, as investors remained on edge ahead of the start of the Federal Reserve's two-day policy meeting.

3 steps to a better retirement
November 3, 2009 at 4:42 am

Question: My husband and I are in our late '50s and haven't put anything away for retirement, although we do own our home. We figure we'll work another 10 years or so before retiring. Do you have any helpful suggestions for us so we won't have to live solely on Social Security? --Peggy, Rockvale, Colorado

These 5 health care culprits cost $1 trillion
November 3, 2009 at 4:33 am

As the nation tries to deal with its annual $2.2 trillion health care pricetag, there's a way you can help save as much as $1 trillion: Take better care of yourself.
 

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Boyz II Men singer has H1N1 virus
November 3, 2009 at 4:33 pm

The H1N1 virus has afflicted another celebrity victim.

2 dead, 28 sick from E. coli outbreak
November 3, 2009 at 2:37 pm

Two people have died and 28 people have fallen ill with matching strains of E. coli after an outbreak in ground beef, the Centers for Disease Control and Prevention said.

What women's symptoms really mean
November 3, 2009 at 12:41 pm

If only your body were a little more honest, figuring out what's wrong when you don't feel right would be so much easier. But often a symptom -- maybe it's a sore back, cracked lips, tingling in your legs -- has an odd or unexpected explanation.

Do digital diaries mess up your brain?
November 3, 2009 at 10:16 am

If we rely on technology for documenting, sorting and storing information -- creating digital diaries, or "lifestreaming" -- what will become of our minds?
 

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