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Yahoo! News: Business
Updated : Thu, 04 Dec 2008 03:05:14 GMT
Wall Street jumps on Coke and other defensive plays (Reuters)
Reuters - Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks.
Publ.Date : Wed, 03 Dec 2008 22:10:22 GMT
Preventing possible bankruptcies driving auto aid push (Reuters)
Reuters - Senate Majority leader Harry Reid wants to try to find a way to avert threatened bankruptcies in the U.S. auto industry with Detroit Three chief executives readying for a make-or-break hearing on Thursday on a $34 billion bailout request.
Publ.Date : Thu, 04 Dec 2008 02:38:44 GMT
Private jobs, services slump show recession toll (Reuters)
Reuters - Private employers cut 250,000 jobs in November, an unexpectedly large number and the biggest in seven years, while the service sector, which powers most of the economy, posted its worst slump on record.
Publ.Date : Wed, 03 Dec 2008 21:41:54 GMTRSS Parser
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