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 Business Market News News Headlines
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IBD's Top 10 - Thursday (Investor's Business Daily)
Investor's Business Daily - 1 AIG's 18% dive on its big Q2 loss rattled the sector, which got worse after Moody's said it might cut American Express' debt ratings. The Dow sank 1.9%, the S&P 500 1.8%, the Nasdaq 1%. Volume rose on the NYSE but fell on the Nasdaq. Retail stocks fell on July sales. The 10-year Treasury yield fell 12 ticks to 3.92%.
Yahoo - August 7 - 2008

Banks renew plea for expanded short sale rule (Reuters)

The New York Times and The Wall Street Jounal are displayed at a newsstand on Monday, July 28, 2008 in New York.  News Corp. says fiscal fourth-quarter earnings jumped 27 percent, Tuesday, Aug. 6, 2008, on profit from the sale of assets and higher operating earnings in its film, cable networks and newspaper units. (AP Photo/Mark Lennihan)Reuters - A banking group has renewed its plea to the Securities and Exchange Commission to broaden a rule aimed at curbing abusive short selling and market manipulation.



Yahoo - August 7 - 2008

Citigroup to buy back 7.5 bln dlrs of tainted securities (AFP)

A pedestrian walks by a Citibank office in July 2008 in San Francisco, California. Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.(AFP/Getty Images/File/Justin Sullivan)AFP - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.



Yahoo - August 7 - 2008

Stocks head for mixed open ahead of jobs report (AP)

The New York Times and The Wall Street Jounal are displayed at a newsstand on Monday, July 28, 2008 in New York.  News Corp. says fiscal fourth-quarter earnings jumped 27 percent, Tuesday, Aug. 6, 2008, on profit from the sale of assets and higher operating earnings in its film, cable networks and newspaper units. (AP Photo/Mark Lennihan)AP - Wall Street headed for a mixed open Thursday as investors awaited government readings on unemployment and consumer credit.



Yahoo - August 7 - 2008

Futures point to mixed Wall St open; AIG falls (Reuters)

The New York Times and The Wall Street Jounal are displayed at a newsstand on Monday, July 28, 2008 in New York.  News Corp. says fiscal fourth-quarter earnings jumped 27 percent, Tuesday, Aug. 6, 2008, on profit from the sale of assets and higher operating earnings in its film, cable networks and newspaper units. (AP Photo/Mark Lennihan)Reuters - (Reuters) Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes were mixed on Thursday, ranging from down 0.3 percent to up 0.1 percent. The indicative Dow Jones index (.DJII) was down 0.3 percent.



Yahoo - August 7 - 2008

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 Other Categories
Automotive
Winning Designs for "Bus of the Future" to be Unveiled at Special Event on September 26 in Santa Monica
Navistar Shareholders Re-Elect Full Slate of Directors
Are You Ready for Some Football? Cars.com Announces Top 10 Tailgaters
Company Earnings
National Semi earnings down on tax rate (AP)
SeaChange's 2Q beats Wall Street views by 2c (AP)
Solar Panel Prices Might Not Decline As Much As Thought (Investor's Business Daily)
Economy
Summary Box: Unemployment hits 5-year high (AP)
Jobless rate jumps to 5-year high of 6.1 percent (AP)
Summary Box: Jobless claims jump, productivity up (AP)
Entertainment
Samenvatting: Profielen IBC 2008 exposanten
Resumen: Perfiles de expositores en IBC 2008
The New York Times Daily Crossword Hosts First 'Teen Puzzlemaker Week'
Europe
German industrial production fell in July (AP)
World markets sink after Wall Street plunge (AP)
Euro dives to 2008 low against dollar (AFP)
Health
Stanford Ranks Second in Magazine's List of Top Medical Schools for Hispanics
5th Annual Report Survey BioManufacturing Capacity Now Available
JAOtech Terminals to Form Patient Front End for US Digital Hospitals
Hotel
Canada’s Hotel Pipeline Hits Peak
Common phenomenon in Ramada
PepsiCo signs partnership agreement with Hilton and Conrad hotels in Egypt, Jordan and Lebanon
Market News
Hedge fund Paulson to weigh buying bank stocks: report (Reuters)
Wall Street may cheer Fannie, Freddie bailout (AP)
Futures soar after U.S. takes over GSEs (Reuters)
Mutual Funds
Personal Finance
Prosecutor becomes figure in mortgage mess (Reuters)
Fannie, Freddie blind to the bubble (AP)
McCain backs government takeover of mortgage giants (AFP)
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