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Last updated: 23:46:05 Thursday May 8, 2008


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  • House passes major housing rescue bill
    The U.S. House of Representatives on Thursday approved legislation to create a $300 billion mortgage-insurance fund and provide billions more in homeowner aid to stabilize a housing market shaken by a wave of foreclosures and a credit crunch. 2008-05-08
    People: [Christopher Dodd]
    Activities: [110th Congress] [2007 Global Credit Crunch]

    Free software takes on Microsoft Office
    Pierre Avignon is no pirate, but he does not believe in paying for software. His computer is filled with programs like Symphony -- a free suite that he downloaded from an International Business Machines Corp (IBM.N) website (http://symphony.lotus.com). 2008-05-08

    Citi mulls up to $400 billion asset sales: source
    Citigroup Inc (C.N) will present as much as $400 billion of "non-core" assets that can be sold by the bank when it meets investors and analysts on Friday, a person familiar with the situation said. 2008-05-08

    Activities: [2007 Global Credit Crunch]

    AIG posts 1Q loss of $7.8B, plans to raise $12.5B
    American International Group Inc. says it will raise $12.5 billion in the coming months as the insurer looks to shore up a capital base that has been rocked by deterioration in the credit markets. 2008-05-08

    Activities: [2007 Global Credit Crunch]

    U.S. economic anxiety hits women harder: study
    The U.S. economic downturn has spread personal financial worries far and wide, but women are more worried about paying bills, losing jobs, providing for children and saving for retirement, according to a study released on Thursday. 2008-05-08

    People: [Hillary Clinton]
    Activities: [2008 U.S. Recession]

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  • [2008 U.S. Recession]: U.S. onsumers give stores some relief (08:11 5/8)
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  • NewsGuide EventCityPeopleShowCompany 
     ENTSportsBIZEDULifeMilitaryPoliticsSocietyHealth 
    [2007 Global Credit Crunch]: House passes major housing rescue bill (21:35 5/8)

    [2008 U.S. Recession]: U.S. economic anxiety hits women harder: study (23:35 5/8)


    [Global Food Crisis]: U.S. urged to consider effect of ethanol on the poor (08:14 5/8)


    [2007 Oil Price Crisis]: Hyundai halts U.S. pickup truck plan on oil prices (23:37 5/8)


    [Microsoft - Yahoo Deal]: Google execs hope for long-term ad deal with Yahoo (23:37 5/8)

    [U.S. Markets]: Wall Street jumps on miners, oil (16:37 5/8)


    [2008 Heparin Contamination]: US blocked China inquiry into tainted heparin (19:22 5/6)

    [2007 China Inflation Crisis]: Economic agency says China's grain stocks sufficient (07:01 5/6)

    [2008 Airlines Safety Row]: FAA failed to perform many safety reviews (06:58 5/6)

    [Chinese Markets]: China shares fall as crude oil surges (03:01 5/6)




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