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Monthly Archive July, 2008

Central banks expand effort to fight credit crisis

July 31, 2008

The U.S., European and Swiss central banks on Wednesday extended liquidity offerings to stressed banks and securities firms to ease credit strains that have […]

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Yahoo misses estimates - sales up, profits down

July 25, 2008

Internet search engine Yahoo Inc. reported second-quarter results Tuesday that fell short of Wall Street’s expectations as the company struggles with dwindling market share […]

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Citigroup loses, but surprises Wall Street

July 23, 2008

Citigroup booked a $2.5 billion quarterly loss Friday, but surprised investors as it took fewer painful marks against its books and stayed ahead of […]

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Children treated abroad as U.S. doctors push for devices

July 21, 2008

Every year, Chicago-based cardiologist Ziyad Hijazi accompanies two or three children and their families to his native Jordan for heart operations using medical devices […]

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Senate investigates foreign bank tax shelters

July 18, 2008

A U.S. Senate subcommittee is scheduled to hold hearings on Thursday on a practice by UBS (UAG.P: Quote, Profile, Research, Stock Buzz) and other […]

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U.S. Army says may end Textron helicopter program

July 10, 2008

The U.S. Army said on Wednesday it might cancel a $6.2 billion Textron Inc armed helicopter program after finding that projected costs had soared […]

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American may cut 900 flight attendant jobs

July 7, 2008

American Airlines says it could cut 900 flight attendant jobs as it reduces flights to cope with record-high fuel costs.
The Fort Worth, Tex.-based airline […]

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Don

July 2, 2008

"Make no mistake about it," U.S. Rep. Bart Stupak, D-Mich., said Monday while chairing a meeting of the House Energy and Commerce subcommittee on […]

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PIMCO to Obama: Tough economy awaits next president

July 1, 2008

The world’s biggest bond fund manager anticipates that Barack Obama will be the next U.S. president, and warns that he will face stern economic […]

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