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- OAKLAND — Layoffs and monthly City Hall closures are in store for Oakland after the City Council approved a package of budget-reduction proposals late Tuesday. The vote came about a month after Mayor Ron Dellums announced that the city was $42 ...
- Asian markets veered sharply lower Wednesday, with Tokyo's Nikkei index tumbling nearly 7 percent, amid spreading pessimism over corporate earnings outlooks in the US and at home. A passer-by walks past an electronic stock board in downtown Tokyo ...
- For the first time in more than two decades, the Clermont County Public Library system is asking voters to approve a levy. The library is asking for a total of .9 mills, with a renewal of .5 mills and an additional .4 mills. The last levy was passed ...
- In more than 100,000 Cambodian households, the use of ceramic drinking-water filters produced in Cambodia is estimated to have reduced instances of diarrhea by 46 percent compared to similar households that have not used the filters. Ceramic filters ...
- Wall Street tumbled again Wednesday as investors shifted their focus from improving credit markets to worrisome corporate profit forecasts that are raising fears of a deep economic slowdown. The major indexes fell more than 4 percent, including the ...
- The Bill and Melinda Gates Foundation awarded 100,000 dollars each on Wednesday to scientists in 22 countries including funding for a Japanese proposal to turn mosquitos into "flying syringes" delivering vaccines. The charitable foundation created by ...
- NEW YORK — World stock markets sagged again Wednesday as a barrage of weak corporate earnings stoked fears that the government's financial intervention won't keep global economies out of recession. Poor earnings from large companies in disparate ...
- — The Federal Bureau of Investigation is struggling to find enough agents and resources to investigate criminal wrongdoing tied to the country's economic crisis, according to current and former bureau officials. The bureau slashed its criminal ...
- Small business owners are starting to feel the pain of a credit crisis that's crippling the global financial system, according to the latest business barometer by the Canadian Federation of Independent Business (CFIB). "Credit concerns appear to be ...
- KARACHI: Rupee extended its losses in the interbank market as well as open currency market on Thursday. The US dollar rose by 100 paisas in the interbank market to close at Rs 82, said a bank treasurer. The greenback was trading near Rs 87 in the ...
- NEW YORK, Oct 16, 2008 /PRNewswire via COMTEX/ -- NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- ACM Managed Dollar Income Fund, Inc. (NYSE: ADF) (the "Fund") today released its monthly portfolio update as of September 30, 2008. ACM Managed Dollar ...
- Ahmedabad, Oct 16 (IANS) A man wanted in 23 cases of credit card fraud... mobile phones, eight SIM cards, an ATM card and two diaries from him. The diaries revealed different credit card numbers that were procured by paying Britney to perform for ...
- The FTSE hit its lowest point in more than five years today as fears of a global recession sent world stockmarkets falling across Asia, Europe and the US. Shares in the UK's leading companies closed down 5.35% at 3861, the FTSE's lowest point since ...
- NEW YORK - Several key lending rates declined again Thursday, but another weekly drop in the amount of commercial paper in the market showed that the credit markets remain under stress. The Federal Reserve said the amount of commercial paper ...
- Oct. 16 (Bloomberg) -- Russia's ruble fell to the lowest level in 20 months versus the dollar today as oil slumped, raising the prospect of the country's first budget deficit in a decade. The currency's decline challenges central-bank efforts to ...
- Oct. 16 (Bloomberg) -- Emerging-market banks plunged after Standard & Poor's warned that Korea's lenders will struggle to refinance debt, raising pressure on developing nations to bail out their own institutions. KB Financial Group Inc., which ...
- NEW YORK - Linens 'n Things, victim of a widespread credit crunch, will begin liquidating its remaining stores as early as tomorrow, after the bankrupt home goods retailer failed to find a buyer that will keep the company in operation. The Delaware ...
- Cemex third-quarter earnings survey * Scheduled to report earnings Oct 15 * Net profit seen down 54 percent to $360 million MONTERREY, Mexico, Oct 14 (Reuters) - Mexico's Cemex (CX.N: Quote , Profile , Research , Stock Buzz ) (CMXCPO.MX: Quote ...
- Cemex third-quarter earnings survey * Scheduled to report earnings Oct 15 * Net profit seen down 54 percent to $360 million MONTERREY, Mexico, Oct 14 (Reuters) - Mexico's Cemex (CX.N: Quote , Profile , Research , Stock Buzz ) (CMXCPO.MX: Quote ...
- Oct 13 (Reuters) - Brazil's central bank unveiled new measures on Monday easing reserve requirements for banks, the latest in a slew of moves aimed at adding liquidity to the financial system. Following is a chronology of the actions the central bank ...
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