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  • Yahoo! News: Business
    Updated : Fri, 05 Dec 2008 07:17:15 GMT

    Asian shares edge up (Reuters)
    A trader talks on the phone on the floor of the Philippine Stock Exchange in Makati City, Manila December 2, 2008. (Cheryl Ravelo/Reuters)Reuters - Asian shares edged higher on Friday following record rate cuts by central banks in Europe, though plenty of caution remained, lifting the dollar ahead of what is expected to be dismal U.S. employment data.
    Publ.Date : Fri, 05 Dec 2008 07:34:35 GMT

    Big U.S. job losses likely to spur more rate cuts (Reuters)
    Albert Jennings of Laborers Union Local 89 looks at his place on the job list at his local union hall in San Marcos, California November 7, 2008. (Mike Blake/Reuters)Reuters - A report on Friday expected to show the biggest monthly U.S. jobs loss in 26 years is set to pile more pressure on the Federal Reserve to slash rates again and add urgency to an automaker bailout as the global economic crisis deepens.
    Publ.Date : Fri, 05 Dec 2008 05:23:35 GMT

    Senators grill auto CEOs, GM-Chrysler deal eyed (Reuters)
    Christopher Dodd (L), chairman of the Senate Banking Committee and Senator Richard Shelby listen to testimony from the leaders of the big Detroit automakers during hearing on a financial assistance package for the companies on Capitol Hill, December 4, 2008. (Joshua Roberts/Reuters)Reuters - The chief executives of General Motors Corp and Chrysler LLC said they would consider restarting merger talks if needed to win their slice of up to $34 billion in emergency U.S. government aid.
    Publ.Date : Fri, 05 Dec 2008 04:07:54 GMT

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