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By LOREN STEFFY Copyright 2008 Houston Chronicle One word, nestled amid the eloquence of Barack Obama’s victory speech, lingered long after the cheers subsided.
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BY SARAH A. WEBSTER • FREE PRESS BUSINESS WRITER • November 8, 2008 Despite burning through $16 billion in cash during the first nine months of the year and watching its credit rating knocked another notch into junk territory, Ford Motor Co.
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WASHINGTON (Reuters) - Top US congressional Democrats on Saturday urged Treasury Secretary Henry Paulson to review the law governing the $700 billon bailout to see whether US automakers would be eligible for temporary aid.
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AP ORLANDO, Florida: Low home prices and excess supply helped drive a rise in first-time US home buyers and reduce excess inventory, according to a study released Saturday by The National Association of Realtors.
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ORLANDO, Fla., Nov 08, 2008 /PRNewswire via COMTEX/ -- Green buildings and business practices help conserve significant amounts of natural resources and can mean added business opportunities for Realtors(R).
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Regulators close down Franklin Bank, a Houston bank with $5.1 billion in assets, and Security Pacific Bank of California, with assets of $561 million, raising the tally of failed banks this year to 19.
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By Ben Sills and Greg Quinn Nov. 8 (Bloomberg) -- Finance officials from the Group of 20 nations meeting in Sao Paulo today are discussing the possibility of further cuts in interest rates in a bid to limit the damage from the global credit crisis, ...
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AP - Spain's prime minister said Saturday that he is pleased to have won a seat at a global financial summit in Washington after weeks of lobbying, adding that it is time the world takes his country seriously as a political and economic power.
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AP - Responding to Europe's call for aggressive financial changes, the White House said Saturday the U.S. and the European Union share "common ground" in addressing market turmoil.
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By DEBORAH SOLOMON and MICHAEL M. PHILLIPS WASHINGTON -- Two men in contention to be President-elect Barack Obama's Treasury secretary have vastly different temperaments, but are also close allies with similar philosophies about handling a global ...
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