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| A New Bid to Prop Up the Economy Brings Shrugs in Japan New York Times By HIROKO TABUCHI Masaaki Shirakawa, the governor of the Bank of Japan, announced lower interest rates, to virtually zero, on Tuesday in Tokyo. FOR years, Japan has flooded its moribund economy with money: interest rates near zero, asset purchases by ... See all stories on this topic » | ||
| Foreclosure Halt May Shift Bondholder Pain Wall Street Journal By ROBBIE WHELAN And RUTH SIMON For mortgage investors, the recent suspension of foreclosures could potentially cause further losses in the already-battered $2.8 trillion market for residential mortgage-backed securities. In the past two weeks, ... See all stories on this topic » | ||
| Summary Box: Ex-trader must pay $6.7B BusinessWeek By AP SENTENCE IN BIG TRADING SCANDALE: Ex-trader Jerome Kerviel was convicted on all counts in the biggest rogue trading scandal yet, sentenced to at least three years in prison and ordered to pay $6.7 billion to the French bank. ... See all stories on this topic » | ||
| Treasury: Bailout Will Cost Taxpayers 85% Less Than Expected DailyFinance By DANNY KING Posted 8:30 PM 10/05/10 Economy, American International Group The federal bailout program, also known as the Troubled Asset Relief Program or TARP, will end up costing US taxpayers approximately 85% less than originally expected, ... See all stories on this topic » | ||
| Televisa Secures U.S. Foothold in Univision Deal Wall Street Journal By JOSE DE CORDOBA And SAM SCHECHNER Mexican media titan Grupo Televisa SAB's $1.2 billion deal to acquire a stake in Univision Communications Inc. and prolong a key programming agreement will give the Mexican broadcaster a solid foothold in the US and ... See all stories on this topic » | ||
| Yum Brands 3Q Earnings Rise; Full-Year View Meets Estimates FOXBusiness By Kathryn Glass Yum Brands Inc. (YUM) weighed in with third-quarter profit and revenue that increased compared to a year ago, and raised its full-year earnings forecast to meet analyst expectations. The company, which owns Taco Bell, Pizza Hut and KFC ... See all stories on this topic » | ||
| US, Impatient Over China's Progress on Currency, Looks to IMF for Help New York Times By SEWELL CHAN WASHINGTON — The United States is increasingly looking to the International Monetary Fund to hold countries like China accountable for "rebalancing" the global economy, a Treasury Department official said Tuesday. ... See all stories on this topic » | ||
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| Ford: Lincoln dealers in metro areas to be cut by 35% Detroit Free Press BY BRENT SNAVELY Ford said today it plans to meet at least twice with all of its dealers over next several months as it works to reduce its dealership network and concentrate its effort to improve the Lincoln brand in the top 130 major metropolitan ... See all stories on this topic » | ||
| Allied Irish Banks begins to sell M&T Bank stake BusinessWeek By AP Allied Irish Bank said Tuesday it has begun the process of selling its 22.4 percent shareholder stake in US-based M&T Bank Corp., one of the steps the troubled Irish bank is taking as Ireland's government moves to bail out its banking industry. ... See all stories on this topic » |
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