Archive for August 10th, 2008


Los Angeles Times
Paulson Says He Doesn't Plan to Add Cash to Fannie, Freddie
Bloomberg - 1 hour ago
By John Brinsley Aug. 11 (Bloomberg) — US Treasury Secretary Henry Paulson said there are no plans to inject capital into Fannie Mae and Freddie Mac after the two mortgage companies posted combined losses of $3.12 billion last week.
Paulson says won't stay at Treasury past January Reuters
Paulson Says No Plan Afoot to Rescue Mortgage Agencies New York Times
ToTheCenter.com - The Associated Press - Los Angeles Times - MarketWatch
all 350 news articles

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BBC News
Banks in Euro Zone
Wall Street Journal - 1 hour ago
By NINA KOEPPEN FRANKFURT — Banks in the euro zone continued to tighten lending standards during the second quarter amid a deteriorating economic outlook, and criteria could become even tighter, according to the European Central Bank's July Bank
Dollar vaults to 6-mth high on global "pain trade" Reuters
Dollar Gain Signals Pain as Rally Prompts Exit From Bull Trade Bloomberg
guardian.co.uk - Money Morning - Seeking Alpha - New York Sun
all 1,114 news articles

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ABC News
Local stores issue second ground beef recall from Nebraska processor
Seattle Post Intelligencer - 2 hours ago
By LIA HARDIN For the second time this summer, an E. coli bacteria scare has prompted Fred Meyer to recall lean ground beef made from meat packed at a large Nebraska plant.
Whole Foods Recalls Beef Processed At Plant Long at Odds With USDA Washington Post
Consumers Wonder Where To Find Safe Meat? KRDO
BloggingStocks - AFP - The Associated Press - San Jose Mercury News
all 1,008 news articles

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Reuters
Paulson says won't stay at Treasury past January
Reuters - 1 hour ago
WASHINGTON (Reuters) - US Treasury Secretary Henry Paulson said in an interview aired on Sunday he had no interest in staying in his post beyond January when a new administration takes office.
Paulson Says No Plan Afoot to Rescue Mortgage Agencies New York Times
Paulson: Bush right on Wall Street `hangover' quip The Associated Press
Los Angeles Times - Bloomberg - AFP - Wall Street Journal Blogs
all 344 news articles

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BBC News
Dollar vaults to 6-mth high on global "pain trade"
Reuters - 26 minutes ago
By Eric Burroughs TOKYO (Reuters) - The dollar struck a six-month high against a basket of currencies on Monday, racking up more gains as worries about the global economy's strength sparked a sell-off in the euro and higher-yielding currencies.
Dollar Gain Signals Pain as Rally Prompts Exit From Bull Trade Bloomberg
Stronger dollar pushes commodities lower guardian.co.uk
Seeking Alpha - MarketWatch - CNNMoney.com - Bloomberg
all 1,083 news articles

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NY1
Verizon And 2 Unions Reach Pact For 3 Years
New York Times - 1 hour ago
By STEVEN GREENHOUSE Verizon Communications and its two major unions announced on Sunday that they had reached tentative three-year contracts with raises totaling nearly 11 percent and with the company continuing to pay 100 percent of current workers’
Qwest union OKs strike if contract talks sour BusinessWeek
Verizon, Unions Reach Deal, Avert Strike TheStreet.com
Wall Street Journal - The Associated Press - Bloomberg - Reuters
all 910 news articles

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RTE.ie
Stronger dollar pushes commodities lower
guardian.co.uk - 31 minutes ago
Traders are braced for heavy falls in oil and commodity prices this week, heralding the end of the so-called commodities boom, after the US dollar posted its biggest one-day gain against the euro for eight years on Friday.
Dollar Gain Signals Pain as Rally Prompts Exit From Bull Trade Bloomberg
Currency Pair Overview: Dollar Gains as Commodities Fall Seeking Alpha
MarketWatch - CNNMoney.com - istockAnalyst.com - Bloomberg
all 1,081 news articles

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Reuters
TNT May Climb After Report UPS Made Informal Takeover Approach
Bloomberg - 4 hours ago
By Martijn van der Starre Aug. 11 (Bloomberg) — TNT NV, Europe's second-biggest express-delivery service, may rise in Amsterdam trading after a newspaper report that United Parcel Service Inc. held initial talks to buy the company for 10 billion euros
TNT declines comment on reported merger talks with UPS Forbes
UPS in talks to buy Dutch rival TNT: source Reuters
TheStreet.com - MarketWatch - Telegraph.co.uk - RTT News
all 21 news articles

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Boston Globe
Verizon Reaches Deal With Labor Unions
Wall Street Journal - 2 hours ago
By AMOL SHARMA Unions representing 65000 workers at Verizon Communications Inc. reached a tentative labor contract with the telecom giant, averting a potential strike on Monday.
Qwest union OKs strike if contract talks sour Forbes
Verizon, 2 unions agree on new 3-year contact The Associated Press