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Wednesday, December 03, 2008
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The news section is directly fed by the respective news sites. Please select the 'Type of News', this will present you the logos of the sites whose news feeds you can read. The most updated news from the selected site is then listed below. Hope you enjoy this section!
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  • Business

Wed, 03 Dec 2008 17:36:50 EST

State Street to slash up to 1,800 jobs

Read full story for latest details.

Wed, 03 Dec 2008 15:22:50 EST

Weakened labor market hits small biz

For the second month in a row, employment among small businesses is down, according to estimates from payroll processor ADP. The drop marks the first time since early 2002 that the nation's most resilient job sector has shown two consecutive months of contraction.

Wed, 03 Dec 2008 17:03:31 EST

One in 3 toys is toxic, group says

One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group.

Wed, 03 Dec 2008 14:56:29 EST

One in 3 toys is toxic, group says

One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group.

Wed, 03 Dec 2008 17:53:28 EST

Fed paints dreary economic picture

Economic conditions deteriorated further across the nation, according to the Federal Reserve's latest snapshot, suggesting the U.S. central bank may continue to lower interest rates in the near future.

Wed, 03 Dec 2008 13:26:50 EST

UAW agrees to help automakers

The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans.

Wed, 03 Dec 2008 13:36:54 EST

A bumpy ride for Thanksgiving air travel

Air travel over the Thanksgiving holiday started smoothly but finished on a sour note thanks to bad weather, the airline research group FlightStats reported on Wednesday.

Wed, 03 Dec 2008 14:34:31 EST

Holiday sales: Outlook gets bleaker

When stores report their November sales Thursday, analysts expect the scorecard will look pretty bleak once again.

Wed, 03 Dec 2008 13:01:13 EST

GM's last stand

General Motors wasn't doing any sugarcoating when it presented its restructuring plan to Congress Tuesday.

Wed, 03 Dec 2008 13:26:42 EST

Poll: 61% oppose auto bailout

A majority of Americans oppose a bailout of the troubled U.S. auto industry, according to a poll released Wednesday.

Wed, 03 Dec 2008 12:46:50 EST

Lehman auctions investment management unit

Read full story for latest details.

Wed, 03 Dec 2008 12:24:33 EST

Obama selects Richardson as Commerce head

President-elect Barack Obama selected New Mexico Gov. Bill Richardson for the position of secretary of Commerce in a news conference Wednesday morning.

Wed, 03 Dec 2008 13:09:40 EST

Buy American? Betting on a Big 3 bounce

The fate of General Motors and the rest of the Big Three may soon be decided in Washington.

Wed, 03 Dec 2008 11:47:43 EST

Toyota cuts domestic output

Read full story for latest details.

Wed, 03 Dec 2008 16:52:37 EST

Dollar rises against euro, pound, yen

The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets.

Wed, 03 Dec 2008 11:27:27 EST

Bally Total Fitness files for Chapter 11 again

Read full story for latest details.

Wed, 03 Dec 2008 16:19:32 EST

Stocks gain for 2nd session

Stocks rallied Wednesday, finding momentum at the end of a volatile session in which investors considered a rash of weak economic reports but opted to scoop up select stocks anyway.

Wed, 03 Dec 2008 12:19:57 EST

Service sector weakens in November

An index tracking the nation's service sector tumbled in November, a purchasing managers' group said Wednesday.

Wed, 03 Dec 2008 09:51:29 EST

A radio giant rides to Yahoo's rescue

Yahoo Music fans are used to turning on its radio service to hear rock bands like Fall Out Boy and My Chemical Romance. Those who bother to do so, anyway - as of October the company's LAUNCHcast radio site had lost 43% of its monthly listeners compared to the same month last year, according to comScore.

Wed, 03 Dec 2008 09:40:47 EST

Productivity growth better than expected

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