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• U.S., bankers rework massive bailout plan
WASHINGTON - The Bush administration rushed to revamp the largest U.S. bailout plan in history Monday, working with executives of the nation’s biggest banks to shift and shape new pieces and get desperately needed credit flowing. Stocks soared ...
• U.K. to inject $63 billion into British banks
British Prime Minister Gordon Brown, left, and Finance Minister Alistair Darling outline the bailout plan at a press conference at 10 Downing Street on Monday. LONDON - The British government injected $63 billion into some of the country’s leading ...
• Take 30 stocks, divide by 0.122820114
NEW YORK - Amid weeks of stock market turmoil, many worried investors have been tracking the daily trajectory of the Dow Jones industrial average like never before. But few understand how the index of 30 of the biggest U.S. companies is calculated ...
• Obama calls for 90-day foreclosure moratorium
Oct. 13: Speaking in Ohio, Barack Obama lays out specific steps he would take to help U.S. business and consumers begin the road to economic recovery. WASHINGTON - Democrat Barack Obama , bidding to extend his lead in the polls, proposed Monday to ...
• Pet food case settlement may be upped to $32M
One pet owner, Donna Elliott, of Fries, Va., for instance, sent U.S. District Judge Noel Hillman a picture of her late boxer, Abby. "How do you answer the statement on the claim form, what was the value of your pet?" she asked. "My companion was ...