Archive for July 25th, 2008


Sabah
Chrysler to stop leasing; GM offers employee prices
MarketWatch - 6 hours ago
By Nathan Becker, MarketWatch.com SAN FRANCISCO (MarketWatch) — Two Detroit automotive powerhouses made moves in attempt to stanch their bleeding Friday as gas-guzzling trucks and SUVs continue to sit idly on US car lots.
Chrysler says it will end leasing next week Detroit Free Press
Chrysler Says Lending Unit to End Auto Leases Aug. 1 (Update3) Bloomberg
Reuters - Sarasota Herald-Tribune - Los Angeles Times - Financial Times
all 450 news articles

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Regulators Shut Two National Banks
Wall Street Journal - 1 hour ago
By DAMIAN PALETTA WASHINGTON — Federal regulators shut down two national banks late Friday in the latest chapter of the credit crisis, and the Federal Deposit Insurance Corp.
US regulators seize two more banks, engineer sale Reuters
Mutual of Omaha Bank to Acquire Deposits of Failed First National Bank MarketWatch
The Associated Press - AZ Central.com - Fox5 KVVU - Las Vegas Review - Journal
all 293 news articles

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Mutual of Omaha Bank to Acquire Deposits of Failed First National Bank
MarketWatch - 1 hour ago
OMAHA, Neb., Jul 25, 2008 (BUSINESS WIRE) — Mutual of Omaha Bank has agreed to acquire from the FDIC the deposits of the failed Reno, Nev.
UPDATE 2-US regulators seize two more banks, engineer sale Reuters
Feds take over Nevada bank USA Today
Fox5 KVVU - Las Vegas Review - Journal
all 156 news articles

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Jalapeno peppers become hot item again at Lucky
Bizjournals.com - 1 hour ago
Officials of Save Mart in Modesto, which operates 72 Lucky supermarkets in the Bay Area, announced Friday they would resume sales of the hot and spicy peppers grown, harvested and packed in the United States.
Time to Regulate Big Tobacco New York Times
US narrows salmonella warning to Mexican jalapenos Reuters
International Herald Tribune - The Associated Press - CNN International
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Canada.com
Merger of Sirius and XM Approved by FCC
New York Times - 46 minutes ago
By AP WASHINGTON (AP) - Federal regulators have formally approved the merger of the nation’s only two satellite radio operators in a deal closely watched by Washington and Wall Street.
The FCC Approves the XM-Sirius Merger BusinessWeek
FCC approves Sirius Satellite acquisition of XM Reuters
Washington Post - Wall Street Journal - The Associated Press - MarketWatch
all 1,864 news articles

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Earthtimes (press release)
Slowing US auto-finance market hits lenders
Financial Times - 54 minutes ago
By Nicole Bullock and Bernard Simon Strains are growing again in the US car finance market as a dramatic slide in used vehicle values and tightening credit conditions squeeze participants ranging from investors in auto loan-backed securities to finance
Chrysler financial arm to stop leasing vehicles Reuters
Chrysler Says Lending Unit to End Auto Leases Aug. 1 (Update3) Bloomberg
MarketWatch - The Associated Press - AHN
all 395 news articles

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Canada.com
FCC Approves Merger of XM-Sirius Satellite Radio Firms
Washington Post - 22 minutes ago
By Kim Hart XM Satellite Radio won final approval to merge with Sirius Satellite Radio after the deciding vote in the Federal Communications Commission was cast tonight, putting an end to a contentious and drawn-out bid to join the companies.
Dispute at FCC Puts XM-Sirius Deal on Hold Wall Street Journal
US FCC approves Sirius Satellite acqusition of XM Reuters
The Associated Press - MarketWatch - Wall Street Journal Blogs - Forbes
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Sabah
Chrysler financial arm to stop leasing vehicles
Reuters - 22 minutes ago
By Poornima Gupta and David Bailey DETROIT (Reuters) - Chrysler LLC said its financing arm would stop offering vehicle leases to US consumers, a sharp break in strategy in response to tighter credit and the plunging resale prices for gas-guzzling
Chrysler Says Lending Unit to End Auto Leases Aug. 1 (Update3) Bloomberg
Chrysler to stop leasing; GM offers employee prices MarketWatch
The Associated Press - The Olympian - Financial Times - Independent
all 346 news articles

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Ford's strategy for survival
Detroit Free Press - Jul 25, 2008
BY SARAH A. WEBSTER • FREE PRESS BUSINESS WRITER • July 25, 2008 Even as Ford Motor Co. announced an optimistic, wide-ranging turnaround plan Thursday — filled with more of the compact cars and efficient powertrains that US consumers now want — the
Video: Ford Changes Focus on Bad Earnings AssociatedPress
Ford Motor Company, Q2 2008 Earnings Call Transcript Seeking Alpha
BusinessWeek - TheStreet.com -