Citigroup, Other Financials Off in Recession Worry
NEW YORK (Reuters) - Shares of Citigroup Inc andother financial companies suffered broad declines for a secondday on Tuesday, as evidence mounted that borrowers are fallingbehind on more payments, the U.S. economy might be inrecession, and losses on complex debt securities might worsen. feeds.reuters.com |
EU delegation starts inspection of Brazilian cattle farms
A delegation of veterinarians from the European Union (EU) Tuesday began inspecting cattle farms in Brazil to examine the sanitary and tracking conditions of the production process of beef exported to the bloc. The Brazilian governm ... english.people.com.cn |
`King of Torts' Cops a Plea
JACKSON, Miss. (AP) -- Richard "Dickie" Scruggs, the legendary trial lawyer who made Big Business tremble every time he set foot in court, pleaded guilty Friday to conspiring to bribe a judge - a crime that will almost surely send him to prison and perhaps spell the end of his storied legal career.... hosted.ap.org |
Stocks Waver After Bernanke Comments
NEW YORK (AP) -- Wall Street fluctuated Wednesday after Federal Reserve Chairman Ben Bernanke said he didn't expect the nation's investment banks to suffer the same damage from the global credit crisis that felled Bear Stearns Cos.... hosted.ap.org |
Google's 1st-quarter profit boosts stock 17%
After making some changes to its advertising formula and picking up its growth outside the United States, Google Inc. reported a first-quarter profit that pleased its shareholders, surpassed analysts' predictions and boosted its stock. ... english.people.com.cn |