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WASHINGTON (Reuters) - President-elect Barack Obama's economic team is working on an overhaul the $700 billion financial rescue program with the aim of doing more to spur the flow of credit to the struggling U.S. economy, an Obama aide said on Friday ...
Read moreObama team working on overhaul of financial rescue - Reuters
One Israeli airstrike killed two Hamas militants and another unidentified man, while another flattened a five-story building in northern Gaza, killing at least seven people, including an infant, Hamas security officials said. By midday, 19 ...
Read moreIsrael to continue offensive despite UN resolution - FOX News
Simon Marcus / Corbis "The experience we have seen in the past year only reiterates that you need to do more than just look at a credit score when making a loan," says Larry Goldstein, chief executive of Thornburg Mortgage. "We have never had as much ...
Read moreLenders Look Beyond Credit Scores to Determine Who's a Risk - Time
One-time star cornerback, Adam "Pacman" Jones, is once again a free agent, and without an NFL team to call home. According to the Associated Press , the Dallas Cowboys released the cornerback on Wednesday (January 7), following a turbulent and mostly ...
Read morePacman Jones Released From The Dallas Cowboys, ESPN Takes Credit - Baller Status
PARIS, Jan 9 (Reuters) - Natixis, France's fourth-largest bank, suffered a sharp drop in its share price on Friday after a leading newspaper said it could post a bigger- than-expected 2008 loss and may need fresh capital. The investment bank had no ...
Read moreUPDATE 2-Natixis slumps on report of bigger loss - Forbes
Japanese media outlets are reporting that the president of Toyota has been replaced in a major shake-up at the world's biggest carmaker. The company is facing the first operating loss in its 70-year history. Japan's Nikkei Business Daily is reporting ...
Read moreCredit crisis prompts Toyota leadership shuffle: report - Australian Broadcasting Corp.
NEW YORK -- Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger. Corporate survivors, however, should benefit as competitors disappear. Retailer Bed Bath & Beyond Inc. won't have to contend with Linens 'N Things ...
Read moreSurvival of the fittest - The Columbus Dispatch
WASHINGTON — The head of a congressional panel overseeing the $700 billion bailout program said Friday that lawmakers need to "take a very hard look" at how banks have used the money. "I'm shocked that we have to ask these questions," said Harvard ...
Read moreQuestions loom over use of Treasury bailout money - Tulsa World
FRANKLY, I DIDN'T think this was the appropriate time to address my earlier assertion that the Eagles should let Andy Reid go at the end of the season. With the Eagles playing the New York Giants in the NFC Divisional Playoffs on Sunday, I figured ...
Read moreJohn Smallwood: OK, Reid deserves credit, but it's only one Eagles ... - Philiy.com
WASHINGTON - The head of a congressional panel overseeing the US$700-billion bailout program said Friday that lawmakers need to "take a very hard look" at how banks have used the money. "I'm shocked that we have to ask these questions," said Harvard ...
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