Highlights
A collection of news and information related to Financial Markets published by Tribune Company sources.
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Wall Street turns cautious ahead of employment report
AP Business WriterA period of relative calm on Wall Street has ended with stocks tumbling in the last hour of trading amid growing investor anxiety about the government's key November employment report. The major indexes have each fallen more than 2.5 percent, including...Tags: Employment, Foreign Aid, Chrysler LLC, Ford Motor Co., General Motors Corp.
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Wall Street turns cautious ahead of Friday's employment report; Dow industrials tumble 216
AP Business WriterNEW YORK (AP) — A period of relative calm on Wall Street ended Thursday as stocks tumbled in the final hour of trading on growing investor anxiety ahead of the government's November employment report. The major indexes each slid more than 2.5...Tags: Business, Employment, Credit Ratings, Real Estate Sales, Government Debt
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Honda will pull out of Formula One within three months if buyer isn't found
AP Auto Racing WriterTENERIFE, Canary Islands (AP) — Honda will pull out of Formula One unless a new buyer can be found within three months, The Associated Press has learned. The Japanese car manufacturer has the operating budget to keep the team running into early...Tags: Vehicles, Passenger Cars, Honda
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SEC chairman says government must build 'exit strategy' for financial rescue plan
AP Business WriterWASHINGTON (AP) — Securities and Exchange Commission Chairman Christopher Cox said Thursday the government must start to build an "exit strategy" that includes taxpayer protections for its massive financial rescue plan. With the bailout program...Tags: Securities, J.P. Morgan Chase & Co., National Government, Federal Reserve, State Budgets
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Street turns cautious ahead of employment report
Associated PressNEW YORK -- A period of relative calm on Wall Street ended today as stocks tumbled in the final hour of trading on growing investor anxiety about the government's November employment report. The major indexes each fell more than 2.5 percent, including...Tags: Business, Employment, Credit Ratings, Foreign Aid, General Motors Corp.
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Bernanke calls for more action to stem foreclosures, outlines options
AP Economics WriterWASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been...Tags: Securities, Henry Paulson, National Government, Homes, Financial and Business Services
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Bernanke: more action needed to cut foreclosures
Associated PressFederal Reserve Chairman Ben Bernanke called on the government today to ramp up efforts to stem soaring home foreclosures, which are feeding into the country's deep economic troubles. Although a flurry of actions have been taken to ease the housing...Tags: Securities, Henry Paulson, National Government, Homes, Financial and Business Services
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Nomura to layoff up to 1,000 workers in London as global financial crisis takes toll
Associated Press WriterTOKYO (AP) — Nomura Holdings Inc. will layoff up to 1,000 employees in London, less than three months after it bought big chunks of the global business of failed U.S. investment bank Lehman Brothers Holdings Inc. Since Nomura's headline-grabbing...Tags: Employees, Layoffs and Downsizing, Stock Broking, Lehman Brothers Holdings Incorporated, Marketing
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Bank of England set for another big interest rate cut as economy slows sharply
LONDON (AP) — The Bank of England is widely expected to make another substantial cut in interest rates on Thursday, following an unexpectedly large reduction just a month ago, to ease the economic impact of the financial crisis. A number of...Tags: Mortgages, Money and Monetary Policy, Central Bank, Sales, Vehicles
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Swedish central bank cuts interest rate by record 1.75 points to 2 percent
Associated Press WriterSTOCKHOLM, Sweden (AP) — Sweden's central bank on Thursday cut its key interest rate by a record 1.75 percentage points to 2 percent to soften the fall in the economy triggered by the global financial crisis. The cut was the largest ever since...Tags: Money and Monetary Policy, Central Bank, Economy, European Union, Economic Policy
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China appeals to Washington to reform economy, protect Chinese assets at high-level talks
AP Business WriterBEIJING (AP) — China promised more currency reform to ease trade tensions but told Washington to get its own economy in order as the two sides opened high-level economic talks Thursday amid a global financial crisis. The unusual Chinese appeal at...Tags: Central Bank, Henry Paulson, Barack Obama, National Government, Energy Saving
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AP Executive Morning Briefing
The top business news from The Associated Press for the morning of Thursday, Dec. 4, 2008: Automakers back to try to sell Congress on rescue WASHINGTON (AP) — U.S. automakers are returning to Congress for high-stakes hearings they hope will...Tags: Henry Paulson, National Government, Credit Ratings, Federal Reserve, General Motors Corp.
Dec 4, 2008
|Story| Orlando Sentinel
Dec 4, 2008
|Story| Associated Press
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|Story| Los Angeles Times
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press

