Highlights
A collection of news and information related to The Goldman Sachs Group Incorporated published by Tribune Company sources.
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Leadership at the summit
Chris Warner has cheated the death zone, where oxygen is thin and the weather brutal, to stand atop the world's two highest peaks, Mount Everest and K2 - the only Marylander to have done so. The Annapolis resident and certified Alpine guide owns Earth...Tags: Climbing, Timonium, Rockville (Montgomery, Maryland), Real Estate Buyers, Disasters
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Pressure builds on Citigroup to sell part or all of itself as stock falls below $4 a share
AP Business WriterNEW YORK (AP) _ Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the...Tags: Wine, Beer, and Spirits, Dining and Drinking, Deutsche Bank AG, Investments, Federal Reserve
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Butcher, baker, unemployment line maker
In normal times, self-interest keeps society working and increases the wealth of nations. Corporations earn profits but also supply needed products. Consumers furnish their nests but also create jobs. "It is not from the benevolence of the butcher,...Tags: Adam Smith, Labor Disputes, Citigroup Incorporated, Warren Buffett, Unemployment
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Wal-Mart Stores names Mike Duke to succeed Lee Scott as CEO, starting in February
AP Retail WriterNEW YORK (AP) _ Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division. The surprise change in leadership right before...Tags: Wal-Mart Stores Inc., Federated Department Stores Incorporated, Government, Barack Obama, Macy's
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Troubled Orlando-area bank is big prize for Hartford in bailout deal
Sentinel Staff WriterThe Hartford, a longtime giant of the insurance industry, is making a run at some serious government-bailout money, and its gateway to billions of dollars runs through a small, troubled savings and loan in Central Florida. The Hartford Financial Services...Tags: University of Central Florida, J.P. Morgan Chase & Co., Bankrate Incorporated, Morgan Stanley Dean Witter & Company, Insurance
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Citigroup under pressure to sell all or parts of company
Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share Friday and fears escalated about future loan losses. Chief executive Vikram Pandit told managers earlier in the day that he opposes breaking up the...Tags: J.P. Morgan Chase & Co., Bears Stearns Cos., Major League Baseball, New York Mets, American International Group
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Wal-Mart CEO plans to retire
Associated PressAssociated Press NEW YORK—Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and will be replaced by the head of its international division. The surprise change...Tags: Wal-Mart Stores Inc., Corporate Officers, Heidrick & Struggles International Incorporated, Management Change
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Buffett deal bolsters USG
Tribune reporterInvesting guru Warren Buffett teamed up Friday with a Canadian insurance company to provide Chicago-based USG Corp. with a badly needed $400 million cash infusion. For the building products-maker, the buy-in is a welcome but high-priced, shot of...Tags: Morningstar Incorporated, General Electric Company, Berkshire Hathaway Incorporated, Fairfax (Fairfax, Virginia), Stock Broking
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Numbers stacking up against rebound in '09
9%That's the U.S. unemployment rate Goldman Sachs economists led by Jan Hatzius predict by next year's fourth quarter, up from the current national rate of 6.5 percent. Goldman believes gross domestic product is declining at a 5 percent annual rate in...Tags: Federal Reserve Bank of Chicago, Charles Evans, Economy
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Retailers offering up more savings for Black Friday
After pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl's to Toys "R" Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in shoppers. But the...Tags: Toys, Sales, Kohl's Corporation, Black Friday (shopping), Retirement
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Foreclosures halt for holidays
Mortgage-finance companies Fannie Mae and Freddie Mac are suspending foreclosures during the holiday season. The two companies said Thursday that they will halt foreclosure sales between Nov. 26 and Jan. 9, while they evaluate whether borrowers qualify...Tags: Pension and Welfare, Investments, J.P. Morgan Chase & Co., Federal Reserve, Bears Stearns Cos.
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Retailers are rolling out deep discounts
After pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl's to Toys "R" Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in shoppers.
But the...Tags: Toys, JC Penney Company Incorporated, Sales, Black Friday (shopping), Seattle
Nov 23, 2008
|Story| Baltimore Sun
Nov 22, 2008
|Story| Associated Press
Nov 22, 2008
|Column| Baltimore Sun
Nov 21, 2008
|Story| Associated Press
Nov 22, 2008
|Story| Orlando Sentinel
Nov 22, 2008
|Story| Newsday
Nov 22, 2008
|Story| Chicago Tribune
Nov 22, 2008
|Story| Chicago Tribune
Nov 22, 2008
|Story| Chicago Tribune
Nov 21, 2008
|Story| Newsday
Nov 21, 2008
|Story| Orlando Sentinel
Nov 21, 2008
|Story| Hampton Roads Daily Press
