U.S. judge favors Grupo Mexico bid for Asarco
November 17, 2009
A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country’s largest mining company, for Asarco LLC, […]
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Monthly Archive November, 2009
U.S. consumer sentiment falls in November
November 14, 2009
U.S. consumer sentiment fell in early November to the weakest in three months amid grim expectations for job and income prospects, a survey showed […]
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The dollar is weak because …
November 12, 2009
Here’s the latest twist on the timeless chicken versus the egg debate. Which came first: the stock and commodities rally or the weaker dollar?
There […]
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FDIC’s Bair: must pre-fund financial firm unwinding
November 10, 2009
A reserve fund must be established ahead of time to give the government the working capital it needs to dismantle large, troubled financial companies, […]
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Northrop to sell $1.65 bln unit to private equity
Defense contractor Northrop Grumman has agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co […]
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House votes to speed up credit card reform
November 6, 2009
The House passed a bill Wednesday to move up the effective date for credit card reforms to Dec. 1, from February and August 2010.
In […]
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UAW members reject labor deal with Ford
November 5, 2009
The United Auto Workers union overwhelmingly rejected additional modifications to a 2007 labor agreement with Ford Motor that would have granted the auto company […]
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CIT Group files for bankruptcy
November 3, 2009
CIT Group Inc, a lender to hundreds of thousands of small and medium-sized businesses, filed for bankruptcy on Sunday, as the global financial crisis […]
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