HARARE, Zimbabwe -- The sun was blazing high in the sky just before 1 p.m., five hours after Timothy opened the sparsely stocked shop he manages in a dusty slum here in Zimbabwe's capital. It was time to change the prices.
Financial Post. Oil Opens the Year With Push Higher. New York Times - 5 hours ago. By AP HOUSTON (AP) - One year after crude oil eclipsed $100 a barrel for the first time, 2009 trading began Friday with prices roughly half their year-ago levels, and some
Treasury Secretary Henry M. Paulson Jr. said yesterday that Congress must release the second half of the $700 billion financial rescue package, warning that emergency loans to the nation's automakers have all but depleted the funds available to stabilize
First of three parts Howard Sosin and Randy Rackson conceived their financial revolution as they walked along the Manhattan waterfront during lunchtime outings. They refined their ideas at late-night dinners and during breaks in their busy days as traders
Reuters. Sam Zell eyes Starwood Hotels. Financial Times - 3 hours ago. By Hal Weitzman Speculation that Sam Zell, the Chicago property tycoon, may be positioning himself for a takeover bid for Starwood Hotels & Resorts - owner of the Sheraton, St Regis,
A day after a Muslim family was removed from a flight at Reagan National Airport near Washington, officials of AirTran Airways and the family stood their ground Friday, each accusing the other of misconduct.
Sen. John Cornyn weighed in on Minnesota's close and still unresolved U.S. Senate race, saying Friday that no one should be seated until a winner is made official by both Minnesota Secretary of State Mark Ritchie and Gov. Tim Pawlenty.
USA Today. Harry Reid v. the Constitution. Wall Street Journal - 26 minutes ago. An Illinois court will eventually decide if Governor Rod Blagojevich is guilty of corruption. But on at least one issue he is more law-abiding than Majority Leader Harry Rei
AIG Nears Sale of Hartford Steam Boiler. Wall Street Journal - 1 hour ago. By MATTHEW KARNITSCHNIG, LIAM PLEVEN and DANA CIMILLUCA American International Group Inc. was closing in on a deal on Sunday to sell its Hartford Steam Boiler unit to Germany's M
BBC News. Kennedy Offers Hints of a Platform, and a Few Surprises. New York Times - 59 minutes ago. By NICHOLAS CONFESSORE ALBANY - In just a few days, Caroline Kennedy’s bid to replace Senator Hillary Rodham Clinton has acquired nearly all the trappin
It’s been a terrible year for the stock market, but a banner 12 months for misbehavior, misguided thinking and outrageous maneuvering in the fund business. That’s why there’s plenty of material for the 2008 Lump of Coal Awards.
Maktoob. Japan Stocks Gain on BOJ Plan to Ease Credit Risk; Toyota Falls. Bloomberg - 1 hour ago. By Masaki Kondo Dec. 22 (Bloomberg) -- Japan stocks rose, led by financial companies, on speculation the Bank of Japan’s plan to buy corporate debt will e
A clown wearing colourful pantaloons huge comedy shoes and a flashing police helmet was strip searched by airport security guards who thought he was a security risk.
