TOP 100 FINANCIAL SITES
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| Morgan Stanley Cuts 1,000 Mortgage Jobs NEW YORK (AP) -- Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.... hosted.ap.org |
Flat Consumer Spending Fuels Economy Fears Consumer spending, after adjusting for inflation, was flat for the second straight month in January, raising new concerns about a possible recession. Federal Reserve Chairman Ben Bernanke has signaled a further rate cut to shore up the economy. feeds.cbsnews.com |
Schultz seeks to perk up Starbucks Starbucks Corp Chief Executive Officer Howard Schultz may introduce a plan for a loyalty program to stanch declining US sales at a shareholders meeting today.Schultz will probably offer free coffees or discounts to customers using prepa ... english.people.com.cn |
Lehman Brothers Launches Lawsuit In Japan Lehman Brothers filed a lawsuit against major Japanese trading company Marubeni, demanding $350 million in damages in an unfolding case of alleged massive fraud. feeds.feedburner.com |
Wall Street opens flat amid mixed earnings reports Wall Street inched up Wednesday, after a new round of corporate earnings reports painted a mixed picture. Of the wave of earnings released, Boeing, one of the 30 stocks that make up the Dow Jones industrial average, reported a 38 pe ... english.people.com.cn |