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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Herald Globe.com http://www.heraldglobe.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Mon, 06 Oct 2008 14:00:01 -0400 Mon, 06 Oct 2008 14:00:01 -0400 30 Unsurprisingly Wall Street opened sharply lower Monday. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415308/cs/1/ Mon, 06 Oct 2008 10:43:50 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415308/cs/1/ Stock markets in Europe joined their Asian counterparts Monday in sending stocks into a tailspin. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415192/cs/1/ Mon, 06 Oct 2008 06:15:55 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415192/cs/1/ The Federal Reserve and US Treasury have been asked to take further measures to stimulate the ailing credit markets. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415158/cs/1/ Mon, 06 Oct 2008 05:02:12 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415158/cs/1/ The environmental damage from Hurricane Ike is now becoming apparent. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415133/cs/1/ Mon, 06 Oct 2008 04:58:54 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415133/cs/1/ Japan’s legal fraternity believes the lack of a social security system has caused a substantial rise in poverty. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415132/cs/1/ Mon, 06 Oct 2008 04:57:48 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415132/cs/1/ A court ruling that favored Citigroup against Wells Fargo in the bidding for Wachovia has been overturned. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415131/cs/1/ Mon, 06 Oct 2008 04:56:31 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415131/cs/1/ Stocks fell sharply in Asia Monday while the U.S. dollar surged against all currencies except the yen. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415020/cs/1/ Mon, 06 Oct 2008 01:01:47 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415020/cs/1/ In booming Dubai where the sky is literally the limit, a local developer has announced plans to build the world's tallest building. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415053/cs/1/ Mon, 06 Oct 2008 02:47:23 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415053/cs/1/ American International Group, one of the world’s largest insurance companies, has said it will sell off a number of business units to pay off a massive government loan. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415000/cs/1/ Sun, 05 Oct 2008 20:51:14 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415000/cs/1/ French bank BNP Paribas has confirmed that it has taken control of some of the foreign operations of ailing finance group Fortis. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414999/cs/1/ Sun, 05 Oct 2008 20:49:26 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414999/cs/1/ European investment bank UBS has announced the scaling back of jobs and says 2,000 more positions will be cut. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414998/cs/1/ Sun, 05 Oct 2008 20:47:39 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414998/cs/1/ America’s richest man, Bill Gates, has told a television interviewer that the US financial crisis does not spell the end of capitalism and will not lead to a depression. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414997/cs/1/ Sun, 05 Oct 2008 20:46:06 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414997/cs/1/ In a speech to a group of business leaders, Australian Prime Minister Kevin Rudd has said the global financial crisis proves the world failed to learn from the 'greed is good' era of the 1980s. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414996/cs/1/ Sun, 05 Oct 2008 20:44:48 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414996/cs/1/ Dubai’s tallest building is getting closer to completion. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414995/cs/1/ Sun, 05 Oct 2008 20:43:03 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/414995/cs/1/ Japan's key Nikkei 225 Stock Average fell to a four-year low Monday on worries about the financial crisis, despite US Congressional approval of a Wall Street bail-out. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415070/cs/1/ Mon, 06 Oct 2008 03:00:22 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415070/cs/1/ Asian stocks nosedived throughout the region Monday as investors feared the US bail-out would fall far short of resolving the financial crisis that has also spread to Europe. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415172/cs/1/ Mon, 06 Oct 2008 06:00:12 -0400 Herald Globe.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/415172/cs/1/ There have been heavy falls on world stock markets with many exchanges hitting record lows and big sell offs in bank shares. Analysts are blaming a lack of certainty about US and European rescue init... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393544/ Mon, 06 Oct 2008 12:40:32 -0400 RTE http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393544/ NEW YORK (MarketWatch) -- Stocks tumbled on Monday, sending the Dow industrials below the 10,000 mark for the first time in nearly four years, as last week's $700 billion bailout package and governmen... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393557/ Mon, 06 Oct 2008 12:36:04 -0400 MarketWatch http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393557/ Microsoft VP Ted Kummert, earlier this year as he made good on a pledge to dye his hair orange if the engineering team got SQL Server 2008 out by the company's revised deadline. He's holding t... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393580/ Mon, 06 Oct 2008 12:07:45 -0400 CNet http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393580/ announced today. It also announced the acquisition of an online payments business, Bill Me Later, for $820 million in cash and $125 million in options, and two online classified sites based in Denmar... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393607/ Mon, 06 Oct 2008 11:54:41 -0400 Wired News http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393607/ BERLIN – Germany's finance minister said Monday he is considering creating a “shield” that would protect the country's entire financial sector, arguing it would not be possible to co... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393610/ Mon, 06 Oct 2008 11:50:15 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393610/ NEW YORK – Corporate finance chiefs say credit is both more difficult to get and more expensive when it is available, but they are more optimistic about the U.S. economy, according to a new surv... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393625/ Mon, 06 Oct 2008 11:50:01 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393625/ NEW YORK (Reuters) - As part of a settlement with state attorneys general that could be worth as much as $8.6 billion, Bank of America Corp (BAC.N: http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393594/ Mon, 06 Oct 2008 12:02:06 -0400 Reuters http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393594/ financial crisis , an ABC News investigation has found that the FBI and other federal agencies failed to spot the warning signs of massive fraud in the home mortgage business that led directly to Wall... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393601/ Mon, 06 Oct 2008 12:01:20 -0400 ABC News http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393601/ NEW YORK – The jammed credit markets barely budged Monday as European governments scrambled to prop up their failing banks and investors waited for details on how, exactly, the Treasury will go ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393621/ Mon, 06 Oct 2008 11:50:00 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393621/ PerformancePoint is considered Microsoft's primary business intelligence software product, but the company's BI strategy goes much deeper than that. In the coming months, it'll be working to develop m... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393540/ Mon, 06 Oct 2008 12:43:11 -0400 TechWeb http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393540/ For the quarter ended August 31, 2008, BAB had revenues of $932,000 and net income of $162,000, or $0.02 per share, versus revenues of $982,000 and net income of $237,000, or $0.03 per share, for th... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393645/ Mon, 06 Oct 2008 11:23:09 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393645/ NEW YORK – Hartford Financial Services Group Incsaid Monday that Germany's Allianz SE will invest $2.5 billion in the U.S. life and property insurer, sending Hartford shares up as much as 20 per... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393612/ Mon, 06 Oct 2008 11:50:12 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393612/ TOKYO, Oct. 6 (AP) - (Kyodo)—---------- Taiwan president fetes Japan investors, hails ties with China TAIPEI - Taiwanese President Ma Ying-jeou awarded four Japanese firms with trophies Monday fo... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393639/ Mon, 06 Oct 2008 11:28:20 -0400 Breitbart http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393639/ WASHINGTON (MarketWatch) - Telecommunications stocks fell sharply in Monday trades amid continued uncertainty about the health of U.S. and global financial markets. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393555/ Mon, 06 Oct 2008 12:36:07 -0400 MarketWatch http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393555/ (1 hr 23 mins ago) Wall Street shares slid at the opening as worldwide markets remained in near panic over the global financial crisis despite a US$700 billion (HK$5.46 trillion) rescue approved in W... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393584/ Mon, 06 Oct 2008 12:06:23 -0400 The Standard http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393584/ Kalido , the active information management company, today announced it is a Microsoft Gold-Certified Partner in the Microsoft Partner Program, with competencies in Business Intelligence, Data Manag... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393551/ Mon, 06 Oct 2008 12:36:50 -0400 Market Wire http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393551/ Colonial BancGroup , which operates 26 branches in the Birmingham-Hoover metro area, plans to write down at least $3.7 million worth of preferred stocks and subordinated debt holdings owned by Lehman ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393569/ Mon, 06 Oct 2008 12:24:24 -0400 Business Journal http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393569/ Wall Street tumbled Monday, joining a selloff around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393577/ Mon, 06 Oct 2008 12:15:51 -0400 Knox News http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393577/ NEW YORK – Citigroup Inc does not have any appetite to take on Wachovia Corp's mortgage assets without at least a partial government guarantee, a person close to the bank said – but the ba... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393611/ Mon, 06 Oct 2008 11:50:13 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393611/ SAN JOSE, Calif. (AP) _ EBay Inc., which still reaps big profits but has been struggling to attract new users, said Monday it will cut about 1,000 jobs in an attempt to streamline its business. The cu... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393598/ Mon, 06 Oct 2008 12:01:55 -0400 Newsday http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393598/ I think some right wingers have moved past Worried. They've arrived at Frantic, on their way to Hysteric. Why else would Ann Coulter blame Caylee's mom for the nation's economic crisis? Caylee, of c... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393539/ Mon, 06 Oct 2008 12:46:16 -0400 U.S. News & World Report http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393539/ The group, which includes Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, said it planned to move “with substantial force on a number of fronts.” http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393576/ Mon, 06 Oct 2008 12:16:25 -0400 MSNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393576/ MOSCOW – Trading was suspended on Russia's main stock markets twice Monday as shares went into free fall on the back of falling oil prices and deepening fears about the global economy despite th... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393628/ Mon, 06 Oct 2008 11:49:52 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393628/ NEW YORK – Will financial-market turmoil be the Grinch this Christmas? With parents already facing high food and gas costs and slumps in the job and housing markets, the turmoil in the financ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393618/ Mon, 06 Oct 2008 11:50:03 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393618/ TE today announced that the company will host a Webcast concurrent with a conference call with the financial community on Thursday, October 30, 2008, at 10:00 AM Eastern time. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393648/ Mon, 06 Oct 2008 11:23:06 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393648/ TCBI , the parent company of Texas Capital Bank, will hold a conference call and webcast to discuss third quarter results on Wednesday, October 22, 2008 at 5:00 p.m. EDT. The related press release ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393649/ Mon, 06 Oct 2008 11:23:06 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393649/ NEW YORK: The Dow Jones Industrial Average plummeted below 10,000 points for the first time in four years on Monday as panic gripped global stock markets in an escalating financial crisis. The bl... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393642/ Mon, 06 Oct 2008 11:25:48 -0400 Times Of India http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393642/ INDIANAPOLIS – Eli Lilly & Co. has agreed to buy biotechnology company ImClone Systems Inc. for more than $6 billion in a deal that would expand Lilly's cancer treatment pipeline a few years... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393629/ Mon, 06 Oct 2008 11:49:51 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393629/ Blue Cross and Blue Shield of Minnesota has a new leader. The state's oldest health insurer provider today announced that its new president and CEO is Patrick Geraghty. Geraghty comes to Minnesota f... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393542/ Mon, 06 Oct 2008 12:42:15 -0400 Star Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393542/ WU announced today that President and CEO Christina Gold will host a conference call and webcast to discuss third quarter results on October 21, 2008, at 8:30 a.m. Eastern Time. Joining Christina o... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393650/ Mon, 06 Oct 2008 11:23:05 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393650/ American Express Promotion PARSIPPANY, NJ--(Marketwire - October 6, 2008) - Waiting until after the busy summer moving season is over to relocate is one way savvy consumers save money, and now http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393550/ Mon, 06 Oct 2008 12:37:03 -0400 Market Wire http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393550/ U.S. stocks slid at the open on Monday as widening fallout from the credit crisis fueled concerns about the economy and the profit outlook. A spate of bank rescues in Europe heightened fears about the... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393560/ Mon, 06 Oct 2008 12:30:32 -0400 Hispanic Business Magazine http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393560/ WASHINGTON – The Treasury Department says it will increase its debt auctions to handle the $700 billion rescue program for the country's financial system. The Treasury said Monday it would in... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393632/ Mon, 06 Oct 2008 11:49:48 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393632/ Earlier, the gauge had been down 15%, marking its worst one-day loss since the launch of the index in the late 1990s, said Dan Pickering of Houston-based energy research firm Tudor Pickering Holt. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393558/ Mon, 06 Oct 2008 12:36:02 -0400 MarketWatch http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393558/ Eds: INCORPORATES material in BC-Financial Meltdown. New throughout with opening statement; will be led. Moving on general news and financial services. --> http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393619/ Mon, 06 Oct 2008 11:50:02 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393619/ LONDON – The worsening credit crisis and economic outlook is likely to hit oil demand, weighing on prices and increasing the chance that consumption growth will slow down or even stop next year.... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393620/ Mon, 06 Oct 2008 11:49:59 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393620/ WASHINGTON - Congress heard Monday that Lehman Brothers, days away from becoming the largest bankruptcy in U.S. history, was pleading for a federal rescue on one hand while steering millions in dollar... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393575/ Mon, 06 Oct 2008 12:16:25 -0400 MSNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393575/ Risk control procedures are not enough to mitigate fraud on Wall Street. The current financial meltdown provides evidence that many banks and financial institutions have failed to change systems and p... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393571/ Mon, 06 Oct 2008 12:18:12 -0400 eWeek http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393571/ LONDON/WASHINGTON (Reuters) - The European Union pledged on Monday to protect people's savings and maintain financial stability while Washington urged a more coordinated approach to the worst banking ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393593/ Mon, 06 Oct 2008 12:02:07 -0400 Reuters http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393593/ But as an association of business economists and forecasters gather here for their 50th annual meeting, the group faces the most difficult challenge in its history. Amid the worst credit panic since t... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393573/ Mon, 06 Oct 2008 12:16:26 -0400 MSNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393573/ NEW YORK – Netflix Inc., the online DVD rental company, said Monday its fourth-quarter revenue and subscriber figures would fall short of expectations, driving its shares 10 percent lower. Ne... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393630/ Mon, 06 Oct 2008 11:49:50 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393630/ NEW YORK - Federal Reserve officials have been pushing for Citigroup Inc. and Wells Fargo & Co. to reach a compromise over Wachovia Corp., according to a media report. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393574/ Mon, 06 Oct 2008 12:16:25 -0400 MSNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393574/ SPRINGFIELD, Ill. - Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losi... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393541/ Mon, 06 Oct 2008 12:42:26 -0400 Star Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393541/ One of the advantages to being a large, enterprise software company is that it can provide your sales people with a wide array of products to sell to new and existing customers. Upsell and cross-sell ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393582/ Mon, 06 Oct 2008 12:07:29 -0400 CNet http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393582/ Ford Motor Co. will give you the power to do something about it. The company will roll out a new feature on many 2010 models that can limit teen drivers to 80 mph, using a computer chip in the ke... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393597/ Mon, 06 Oct 2008 12:01:58 -0400 Newsday http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393597/ A memo circulated to some Microsoft workers last week suggested that the company wouldn't be hiring new employees, but a Microsoft spokesperson says the company is just being prudent about hiring in l... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393600/ Mon, 06 Oct 2008 12:01:31 -0400 CIO http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393600/ In September, The Bank of Greene County had its biggest month for new deposits in its 121-year history. “We saw a huge increase,” said Donald Gibson, president of the Catskill-based bank.... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393568/ Mon, 06 Oct 2008 12:24:57 -0400 Business Journal http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393568/ Posted on: Monday, 6 October 2008, 09:00 CDT Cross Country Healthcare, Inc. (Nasdaq:CCRN) will hold its quarterly conference call to discuss its third quarter 2008 financial results on Monday, Nove... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393545/ Mon, 06 Oct 2008 12:40:06 -0400 RedOrbit http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393545/ BOH will hold its quarterly conference call to discuss third quarter 2008 financial results on Monday, October 27, 2008 at 2:00 p.m. Eastern Time (8:00 a.m. Hawaii Time). http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393653/ Mon, 06 Oct 2008 11:23:02 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393653/ SINGAPORE: Oil prices fell to an 8-month low below $90 a barrel on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil. Light,... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393643/ Mon, 06 Oct 2008 11:25:47 -0400 Times Of India http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393643/ Northern Rock has now paid back more than half the £26.5bn of taxpayers' money that was lent to it. Mr Darling told MPs: "I've made it clear that we will do whatever is necessary to maintain stabili... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393579/ Mon, 06 Oct 2008 12:10:54 -0400 Sky News http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393579/ WASHINGTON (Reuters) - The Federal Reserve on Monday announced a series of steps to funnel massive amounts of liquidity through clogged credit markets, including boosting the sizes of cash auctions an... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393591/ Mon, 06 Oct 2008 12:02:09 -0400 Reuters http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393591/ FRANKFURT, Germany – The German government on Monday defended its pledge to guarantee personal savings amid ongoing market turbulence as “an important step at the right moment.” I... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393627/ Mon, 06 Oct 2008 11:49:54 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393627/ WASHINGTON – An official says the administration has decided to pick a key Treasury Department official to be the interim head of its $700 billion rescue effort for financial institutions. Th... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393626/ Mon, 06 Oct 2008 11:49:55 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393626/ WASHINGTON – The Federal Reserve will provide as much as $900 billion in cash loans to squeezed banks in an urgent effort Monday to break through a dangerous credit clog that threatens the econo... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393613/ Mon, 06 Oct 2008 11:50:10 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393613/ WASHINGTON – The Supreme Court is refusing to disturb a $74 million judgment against Dish Network Corp. for violating a patent held by TiVo Inc. involving digital video recorders. The justice... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393623/ Mon, 06 Oct 2008 11:49:57 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393623/ SAN FRANCISCO (MarketWatch) -- EBay Inc. and Netflix Inc. led an early plunge for technology stocks Monday and the sector showed no signs of recovering as trading headed into the afternoon and the gro... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393554/ Mon, 06 Oct 2008 12:36:09 -0400 MarketWatch http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393554/ www.cna.com . A conference call for investors and analysts is scheduled for 10:00 a.m. (ET) and will be hosted by Stephen W. Lilienthal, chairman and chief executive officer of CNA Financial Corpor... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393654/ Mon, 06 Oct 2008 11:23:03 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393654/ (2 hrs 11 mins ago) Aluminum Corp of China (2600), said third-quarter earnings will drop by more than 50 percent on price hikes of raw material and lower prices. Chalco said: ''the company's resul... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393585/ Mon, 06 Oct 2008 12:06:21 -0400 The Standard http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393585/ Genentech Inc. , its partner in an anti-cancer drug, said Monday a combination of Genentech's Avastin and OSI's Tarceva failed in a study to prolong the lives of patients with the most common form of ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393596/ Mon, 06 Oct 2008 12:02:00 -0400 Newsday http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393596/ NEW YORK (MarketWatch) -- U.S. Treasury prices on Monday gained for a fourth consecutive session, sending yields sharply higher, on worries recent bailouts may not prevent more bank failures. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393553/ Mon, 06 Oct 2008 12:36:10 -0400 MarketWatch http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393553/ BAGHDAD – OPEC members are worried by the drop in the price of oil to around $90 a barrel, Iraq's oil minister told Reuters in an interview on Monday. Hussain al-Shahristani said that the dro... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393614/ Mon, 06 Oct 2008 11:50:08 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393614/ (CBS/ AP) Wall Street tumbled more than 500 points in the first hours of trading Monday, joining a sell-off around the world, as fears grew that the financial crisis will cascade globally through econ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393602/ Mon, 06 Oct 2008 12:00:06 -0400 CBS News http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393602/ Article Reprints The Hartford Financial Services Group Inc. lost nearly $9 billion of market value last week as investors fled the financial sector during the worst crisis in decades. http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393636/ Mon, 06 Oct 2008 11:40:38 -0400 Insurance Journal http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393636/ SEATTLE, WA--(Marketwire - October 6, 2008) - Slalom Consulting, ranked one of the best consulting firms to work for in the United States by Consulting Magazine, today announced that it will co-pres... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393548/ Mon, 06 Oct 2008 12:37:08 -0400 Market Wire http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393548/ SAN JOSE – EBay Inc., which still reaps big profits but has been struggling to attract new users, said Monday it will cut about 1,000 jobs in an attempt to streamline its business. The cuts amou... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393622/ Mon, 06 Oct 2008 11:49:56 -0400 San Diego Union-Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393622/ Microsoft SQL Server upgrades take center stage at this week's Microsoft Business Intelligence Conference 2008. 'People-ready' enhancements promise bigger warehouses and fast, user-friendly slice-and-... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393559/ Mon, 06 Oct 2008 12:34:35 -0400 Intelligent Enterprise http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393559/ LONDON, Oct 6 (Reuters) - European shares sank 6 percent in late trade on Monday as sharp falls on Wall Street accentuated a sell-off led by banks and commodity shares. At 1410 GMT, the FTSEurofirst 3... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393633/ Mon, 06 Oct 2008 11:44:57 -0400 London South East http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393633/ WASHINGTON - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday. A... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393543/ Mon, 06 Oct 2008 12:42:08 -0400 Star Tribune http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393543/ Iceland's government is to offer an unlimited guarantee for all bank customers' savings accounts. The move came after trading in six of Iceland's biggest banks and financial firms was temporarily hal... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393659/ Mon, 06 Oct 2008 11:22:29 -0400 BBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393659/ IBM opens a beta for Bluehouse, the company's SAAS social networking and collaboration platform. The offering will compete with cloud computing solutions from Google, Microsoft and Cisco at a time whe... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393572/ Mon, 06 Oct 2008 12:18:09 -0400 eWeek http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393572/ New UK car registrations fell 21% in September, the Society of Motor Manufacturers and Traders (SMMT) has announced. This is the fifth consecutive month that the SMMT has reported falls in new car ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393661/ Mon, 06 Oct 2008 11:22:26 -0400 BBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18393661/ LONDON, Oct 6 (Reuters) - European shares were still sharply down by midday on Monday as the financial sector crisis deepened, forcing governments to rescue large banks and protect ordinary depositors... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388698/ Mon, 06 Oct 2008 08:39:38 -0400 London South East http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388698/ STSA , today announced that it expects to release third-quarter 2008 earnings at 1:30 p.m. PDT on Tuesday, October 21, 2008. Sterling plans to host a conference call for investors the next morning... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388707/ Mon, 06 Oct 2008 08:21:54 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388707/ SCCB today announced the results of its operations for the third quarter of 2008. The Bank reported a net profit of $222 thousand for the third quarter ended September 30, 2008, the highest quarter... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388709/ Mon, 06 Oct 2008 08:21:52 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388709/ /PRNewswire-FirstCall/ -- RADCOM Ltd. ("RADCOM" or the "Company") (NASDAQ and TASE: RDCM) today announced that it will report its financial results for the third quarter ended http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388710/ Mon, 06 Oct 2008 08:21:50 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388710/ US bank Wells Fargo has secured an appeal court ruling overturning an earlier injunction that prevented its takeover of troubled rival Wachovia. Citigroup had secured the New York court injunction to... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388715/ Mon, 06 Oct 2008 08:21:08 -0400 BBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388715/ KEYN , the global leader in on-demand mobile and Internet test & measurement solutions for continuously improving the online experience, intends to announce its fiscal 2008 fourth quarter and y... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388708/ Mon, 06 Oct 2008 08:21:53 -0400 CNBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388708/ The German government will not pass new legislation to provide extra protection for savers, the BBC has learned. Chancellor Angela Merkel's commitment was a political one that no German savers would ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388714/ Mon, 06 Oct 2008 08:21:12 -0400 BBC http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388714/ (RTTNews) - US stocks were set to extend last week's losses Monday morning in New York amid fears that last week's historic rescue package will do little to thaw frozen credit markets. As of 6:15 am ... http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388717/ Mon, 06 Oct 2008 08:19:43 -0400 Quote.com http://story.heraldglobe.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/18388717/