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  • Shrinking pepper farms, output to make Kerala a minor player Sunday, January 4, 2009 @ 3:37PMKerala may soon have to relinquish its role as the home of pepper as shrinking pepper plantations and declining share of the global pepper trade make it a marginal player. Long-term outlook for pepper production looks bleak as figures reveal that farming area and productivity are on the decline in Kerala.
  • Bon Jovi to Hillary Clinton: I’ll Be There for You Sunday, January 4, 2009 @ 12:27PMhttp://images.eonline.com/resize/66/66/eol_images/Entire_Site/20080630/300.bonjovi.bloomberg.063008.jpgForget government bailouts! Former first lady Hillary Clinton is hoping Jon Bon Jovi can help with her financial crisis. The 46-year-old musician is performing at a fundraiser to pay… http://feedads.googleadservices.com/~a/mM8DegHhfDYLGKd1WhibPWkkF2o/i ...
  • Hoyer Says Stimulus Bill Is Unlikely by Inauguration (Update1) Sunday, January 4, 2009 @ 12:11PMJan. 4 (Bloomberg) -- The House of Representatives isn’t likely to pass an economic stimulus bill by President-elect Barack Obama ’s first day in office, the House Majority Leader said today.
  • The recession session Sunday, January 4, 2009 @ 12:04PMMoney trouble not new, but maybe worse
  • Meagre package won’t mitigate crisis: CPI(M) Saturday, January 3, 2009 @ 1:49PMNeeded: comprehensive debt-relief proposals for States and real transfer of resources
  • Take note of tax filing changes this year Saturday, January 3, 2009 @ 1:30PMRinging in the New Year means many things: resolutions, bitter cold, new beginnings, and of course, tax season. “I have a cot in the back and I’ll just sleep here for the next 3 1/2 months,” Ben Gildner said with a laugh.
  • Losses for credit card companies could top $70 billion in 2009 Saturday, January 3, 2009 @ 9:54AM Credit card cos have little to celebrate as many analysts brace for 2009 to be one of the worst years for consumer credit. Guarding credit card | Elastic with plastic
  • Cash-poor states eager for a piece of Obama plan Saturday, January 3, 2009 @ 9:14AMNEW YORK (AP) — President-elect Barack Obama’s plan to overhaul the nation’s roads, bridges and transit systems has local officials clamoring for their share of those federal dollars despite concerns that creating millions of jobs won’t deliver the intended jolt to the economy.
  • Secured Creditors and The Automatic Stay Saturday, January 3, 2009 @ 8:15AMIn certain circumstances, a secured creditor can move the court for modification of the automatic stay so that they may pursue recovery of their collateral.
  • Commercial real estate in for tough 2009 Saturday, January 3, 2009 @ 8:07AM(By J.W. ELPHINSTONE, AP Real Estate Writer) The balance of power between landlords and tenants will shift dramatically in 2009. For landlords, this promises to be a year of intense competition, more bankrupt tenants, and tightfisted lenders. For renters, it looks like a time of abundant choices and tiny - if any - price increases. From apartments to shopping malls, office towers to dockyard ...
  • (AFX UK Focus) 2009-01-02 06:49 S.Korea MPs try to end impasse on U.S. trade deal Friday, January 2, 2009 @ 1:18AMBy Jon Herskovitz
  • Wall Street looks to ‘09 with relief after terrible year Friday, January 2, 2009 @ 12:42AMNEW YORK – The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year – the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth.
  • S.Korea MPs try to end impasse on U.S. trade deal Friday, January 2, 2009 @ 12:34AMBy Jon Herskovitz
  • New Business Listings Friday, January 2, 2009 @ 12:09AM
  • BC BREAKING NEWS: Friday, January 2, 2009 @ 12:08AMA water bomber releases its load of fire retardent on a forest fire near the Myra Canyon forest service road . (July 23). Travis Pankiw, a 19-year-old Rutland youth, was found after he went missing. He was slightly confused and tired from being out overnight but appeared to be doing well otherwise.
  • Merrill Lynch takeover is completed Thursday, January 1, 2009 @ 6:17PMNEW YORK: Bank of America has completed its purchase of Merrill Lynch. Wells Fargo has finished buying Wachovia, the latest sea changes in a transformed banking industry facing dire economic times ahead.
  • Bank of America completes Merrill Lynch purchase Thursday, January 1, 2009 @ 9:15AM Bank of America Corp completed its purchase of Merrill Lynch & Co on Thursday, creating the largest U.S. bank and perhaps one of the biggest challenges yet for longtime Chief Executive Kenneth Lewis.
  • A Look Back At 2008 Thursday, January 1, 2009 @ 7:49AMWith 2009 officially started, it’s time to take a look back at the big stories that we’ll remember from 2008. Here is the first half of the Top 10 stories of 2008 as selected by the Gazette Enterprise news staff. We’ll count down No. 5 through No. 1 in Friday’s edition.
  • Town finances benefit from retiring bonds Thursday, January 1, 2009 @ 5:28AMWHEATFIELD -- The economic forecast for Wheatfield in 2009 may be brighter than that of most communities, thanks to the retirement of some bonds.
  • European Stocks Advance, Trim Biggest Annual Decline on Record Wednesday, December 31, 2008 @ 10:24AMDec. 31 (Bloomberg) -- European stock climbed, trimming the MSCI Europe Index’s biggest annual decline on record, as higher metals prices and China’s pledge to promote economic growth lifted commodity producers.
  • (AFX UK Focus) 2008-12-31 14:54 Glance-UPDATE 1-Deals of the day -- mergers and acquisitions Wednesday, December 31, 2008 @ 9:20AM(Adds UBS, Teleste, Pininfarina, Amerigroup)
  • Yen, Dollar Head for 2008 Gain Versus Euro in Flight to Safety Wednesday, December 31, 2008 @ 9:16AMDec. 31 (Bloomberg) -- The yen and the dollar were headed for annual gains versus the euro as the first simultaneous recessions in the U.S., Europe and Japan since World War II encouraged investors to take refuge in the currencies.
  • GMAC gets help from $21.2B debt swap Wednesday, December 31, 2008 @ 9:09AMAuto finance company GMAC on Wednesday announced the results of a vote that the company said would help it become better capitalized and viable for the future.
  • JANUARY 1 Tuesday, December 30, 2008 @ 10:33PMRBI allows foreign institutional investors to short-sell equity shares in Indian companies. Short-selling was banned in 2001. State Bank of India raises deposit rates 25-175 basis points.
  • Bailout context Tuesday, December 30, 2008 @ 9:57PMTwo U.S. automakers this week should be getting the first installment of government cash to keep the ...
  • Dollar Falls a Second Day Versus Euro on U.S. Economic Concern Tuesday, December 30, 2008 @ 9:11PMDec. 31 (Bloomberg) -- The dollar fell against the euro for a second day, trimming this year’s advance to 3.3 percent, on signs the U.S. slipped further into its longest recession in a quarter-century.
  • GM eases limit for auto financing Tuesday, December 30, 2008 @ 8:54PMWith $6 billion in federal funds, the carmaker dropped the minimum credit score for a car loan from 700 to 621 points.
  • GMAC to keep making home loans Tuesday, December 30, 2008 @ 8:54PMA promised federal rescue will enable the Residential Capital subsidiary to continue originating mortgages.
  • (AFX UK Focus) 2008-12-31 02:23 FACTBOX-Host of issues challenge Sino-U.S. relations Tuesday, December 30, 2008 @ 8:48PM(For a related analysis, click on) Dec 31, (Reuters) - China and the United States celebrate 30 years of diplomatic recognition on Thursday, but a deteriorating economic outlook could challenge the relationship even as a new U.S. president takes office. Below are some issues for the two countries going forward:
  • FACTBOX-Host of issues challenge Sino-U.S. relations Tuesday, December 30, 2008 @ 8:35PMDec 31, (Reuters) - China and the United States celebrate 30 years of diplomatic recognition on Thursday, but a deteriorating economic outlook could challenge the relationship even as a new U.S. president takes office.
  • FACTBOX-Host of issues challenge Sino-U.S. relations Tuesday, December 30, 2008 @ 8:07PM(For a related analysis, click on [ID:nPEK287399 ])
  • Investigation Into Alleged Abuse at Nursing Home Tuesday, December 30, 2008 @ 7:52PMThe State Health Department and Rochester police are investigating a report of sexual abuse at a local nursing home.
  • Advice for Obama From Ernst & Young?s Chief Friday, December 26, 2008 @ 6:30PMJames S. Turley , chairman and chief executive of the auditing firm Ernst & Young, discusses the management of the Troubled Asset Relief Program (TARP).
  • Small business owner caught in a squeeze Friday, December 26, 2008 @ 5:55PMHer restaurant is a stubborn survivor in a dying strip mall, a jewel box with a multi-hued Tacos Mexico sign perched at the end of the row in a small-business cemetery.
  • Treasurys rise, nudging yields lower, in light trading after Christmas Friday, December 26, 2008 @ 5:48PMTreasury prices drifted higher in subdued trading Friday on more evidence that the global economy continues to weaken.During a recession,
  • CNN - GM Jumps After Fed OKs GMAC Bank Friday, December 26, 2008 @ 5:14PMRead Full Story For Latest Details.  
  • AM Doha Time Friday, December 26, 2008 @ 4:59PMNew York/San Francisco: General Motors Corp, days from receiving its first installment of at least $9.4bn in US aid, won another victory with the Federal Reserve’s approval of lender GMAC’s bid to become a bank holding company.
  • Clock Ticks Down On GMAC Debt Swap Friday, December 26, 2008 @ 4:51PMConditional approval by Fed of its application to become bank holding company could help seal deal.
  • Public Notices Friday, December 26, 2008 @ 4:46PMNOTICE OF UNCLAIMED VEHICLES/PUBLIC SALE The following vehicles are subject to towing, repair and/or storage liens; are declared to be abandoned pursuant to Section 56-5-5810,
  • Treasurys rise in light trading Friday, December 26, 2008 @ 4:45PM(AP:NEW YORK) Treasury prices drifted higher in subdued trading Friday on more evidence that the global economy continues to weaken. During a recession, investors tend to flock to Treasurys for their safety.
  • Treasurys rise in light trading Friday, December 26, 2008 @ 4:43PMBy MADLEN READ NEW YORK (AP) -- Treasury prices drifted higher in subdued trading Friday on more evidence that the global economy continues to weaken.
  • Stocks fall in light trade as Toyota cuts outlook (UPDATED: 12:45 p.m.) Monday, December 22, 2008 @ 5:23PM NEW YORK (AP) — Wall Street began a holiday-shortened week with a pullback today as investors recoiled at bleak news from Toyota Motor Corp. and drugstore operator Walgreen Co.
  • Paris Club grants more Iraqi debt relief Monday, December 22, 2008 @ 5:15PMCreditor nations belonging to the so-called Paris club say it has granted Iraq cancellation of a third and final 20-percent tranche of its public debt after a favourable review last week of Iraqi economic reforms.
  • Economic advisory council faces skepticism as recession gloom intensifies Monday, December 22, 2008 @ 5:10PMTORONTO - As Finance Minister Jim Flaherty presents Canadians with a new economic advisory council, it seems to be a foregone conclusion that massive budget deficits loom in the near future.
  • $13.4 BILLION FROM WHITE HOUSE: Loans give GM, Chrysler 3 months Friday, December 19, 2008 @ 8:26PMTossed a $13.4-billion lifeline by the White House today, General Motors and Chrysler now leap directly into about three months of feverish long-term planning and blunt dealing with creditors, shareholders, workers and dealers or face bankruptcy and possible dissolution by spring.
  • Rescue Plan Would Force U.S. Auto Companies to Restructure Friday, December 19, 2008 @ 8:11PMPresident Bush has unveiled a $17 billion automaker rescue plan that will force the companies to restructure in order to remain competitive. A White House economist and a congressman debate the package.
  • Chris Weigant: My 2008 "McLaughlin Awards" [Part 1] Friday, December 19, 2008 @ 7:11PMWelcome to our annual awards! For the past three years, this column has paid homage (translation: "ripped off their gimmick") to the McLaughlin Group television...
  • Business Friday, December 19, 2008 @ 6:55PMUS officials announced a $US13.4 billion ($A19.63 billion) rescue loan for two of the Big Three automobile makers, requiring tough reforms, in a move aimed at staving off an economic calamity.
  • GOP reaction muddled on bailout Friday, December 19, 2008 @ 12:26PMFiscal conservatives are angry and Michigan Republicans are relieved.  See also: GOP denounces Bush
  • GM and Chrysler Will Get $13.4 Billion in U.S. Loans (Update7) Friday, December 19, 2008 @ 12:21PMDec. 19 (Bloomberg) -- General Motors Corp. and Chrysler LLC will get $13.4 billion in emergency government loans in exchange for substantially restructuring their businesses, President George W. Bush announced.