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 DECEMBER 6, 2008 — AUTOS UAW Concessions Are Critical to GM's Survival To avoid bankruptcy, GM needs federal money—and a guarantee that the UAW will accept a weaker health-care plan  DECEMBER 6, 2008 — TOP NEWS Auto CEOs Back to Detroit After Fresh Bailout Plea The chiefs of the Big Three automakers finish testifying to Congress for a $34 billion bailout. No more than $10 billion is expected soon, if at all DECEMBER 6, 2008 — MORTGAGES Refinancing Your Mortgage We talk to a mortgage expert on the pros and cons of refinancing in today's market DECEMBER 6, 2008 — TOP NEWS Auto Bailout Accord Nearly Reached Speaker of the House Nancy Pelosi's change of heart could lead to a lifeline for Detroit DECEMBER 5, 2008 — TOP NEWS Job Losses: 533,000 in November Employers cut record-breaking numbers of jobs across industries, from construction to finance to retail, according to this morning's Labor Dept. announcement DECEMBER 5, 2008 — NEWS ANALYSIS Is Bad Jobs News Good News for the Stock Market? Investors reacted to the distressing jobs report with feverish buying, with the thought that layoffs signal a preparation for higher profits and recovery DECEMBER 5, 2008 — TOP NEWS Villa: A Bright Spot in the Retail Gloom While most retailers are suffering, Villa has held up relatively well, in part because its customers never got hooked on easy credit DECEMBER 5, 2008 — MORTGAGE MELTDOWN Lawsuit Says Citigroup Misled Investors A new lawsuit accuses Citigroup of employing "shamelessly fraudulent schemes" to disguise the risks it was taking with mortgage debt DECEMBER 4, 2008 — TOP NEWS Auto Workers Give Up Notorious Featherbed Auto workers will suspend a program that paid workers for no work, and will let companies delay health-care payments DECEMBER 4, 2008 — TOP NEWS November Job Losses Could Be Worst in 28 Years New figures may show 300,000 layoffs for the month, and possibly 400,000 DECEMBER 4, 2008 — OIL Obama Drops Big Oil Tax as Prices Plunge The plan was for a windfall-profits tax on oil over $80 a barrel. But even though oil is under $50 now, some are upset that the issue is being dropped DECEMBER 4, 2008 — TOP NEWS Auto Chiefs Appeal to Senate As GM and Chrysler warn of imminent bankruptcy, at least a temporary government bailout of the auto industry seems likely DECEMBER 3, 2008 — TOP NEWS Detroit's New Bill: $34 Billion GM, Ford, and Chrysler present plans for an overhaul as the worst-hit automakers issue a dire warning if help isn't forthcoming DECEMBER 3, 2008 — REAL ESTATE Home Foreclosures Continue, Despite Bank's 'Freeze' Some stressed homeowners say Chase is still chasing them. The bank says it is just collecting payments for others DECEMBER 2, 2008 — MYTAKE Tips for Finding Employment in Hard Times To beat the job-hunting pack, you'll need to take risks, be realistic, and understand your potential employer's needs DECEMBER 2, 2008 — TOP NEWS Senator Urges FHA Vigilance Against Mortgage Fraud A BW story on former subprime lenders making FHA-backed loans prompts Missouri Senator Kit Bond to call for greater anti-fraud efforts DECEMBER 2, 2008 — TOP NEWS Ford Vows to Go Electric In return for U.S. backing, the automaker is preparing to have ready a "family" of hybrid and electric vehicles by 2012 DECEMBER 2, 2008 — TOP NEWS Ford's Mulally Hits the Road In an interview from his drive to Washington, the Ford CEO calls the drubbing of last month "a learning experience" DECEMBER 1, 2008 — TOP NEWS Investor Sues to Block Mortgage Modifications A lawsuit against Bank of America claims states and banks will short bondholders $8.4 billion and damage the market by cutting home payments DECEMBER 1, 2008 — AUTOS GM, Ford Prepare for Congress U.S. automakers plan to reopen their union contract and may sell Saab and Volvo to the Swedish government as a way to pare brands NOVEMBER 30, 2008 — TOP NEWS Black Friday Sales Rose, But More Discounts Loom Shoppers flooded stores over the weekend, but sales growth was slim and a harsh holiday selling season seems likely. Specialty stores lagged NOVEMBER 27, 2008 — TOP NEWS Six Tips to Help Land a New Job Here's how top career experts say you can improve your job-seeking skills in a worsening economy NOVEMBER 26, 2008 — TOP NEWS Citigroup's CFO Talks About the Bailout Gary Crittenden: Citi and the federal government "had a common objective: the stability of the financial system" NOVEMBER 26, 2008 — TOP NEWS China Losing Luster with U.S. Manufacturers A new survey finds rising worries about product quality and intellectual-property theft. More U.S. companies are looking to Mexico and their own backyard NOVEMBER 26, 2008 — TOP NEWS Toys: No Must-Haves This Holiday Season Retailers are trying to create excitement in the absence of a coveted plaything like Tickle Me Elmo or Nintendo's Wii NOVEMBER 25, 2008 — TOP NEWS Wal-Mart Settles Mispricing Suit Wal-Mart has settled a suit that claimed it overcharged customers. Shoppers should double-check their receipts from retailers to be sure they paid the price they think they did NOVEMBER 24, 2008 — TOP NEWS Citigroup's Uneasy Victory The federal bailout calmed the market and seems to fence off Citi's toxic assets. But some investors wonder what it says about the state of other banks NOVEMBER 24, 2008 — TOP NEWS Venezuela Votes: Chavez Opposition Makes Inroads Election results set the stage for more tensions as lower oil prices and soaring inflation increase the pressure on Venezuela's President NOVEMBER 23, 2008 — MYTAKE Too Late for an MBA? Never! For BusinessWeek reader Jim Gordon, 51 turns out to be the perfect age to pursue a graduate degree in business school full time NOVEMBER 23, 2008 — TOP NEWS Richardson Would be Bold at Commerce As New Mexico's governor, he pushed public-private alliances. He'd aim federal money and research labs at national problems NOVEMBER 23, 2008 — TOP NEWS Deck the Stores with Bargains Deep discounts on retail prices for apparel, jewelry, electronics, and even opera fail to excite consumers wary of losing their jobs NOVEMBER 21, 2008 — TOP NEWS Geithner: Obama's Likely Treasury Choice The president of the New York Federal Reserve Bank would be the Obama Administration's man in charge of tackling the financial crisis NOVEMBER 21, 2008 — TOP NEWS China Stealing U.S. Computer Data, Says Commission The top 10 U.S. defense contractors are said to be victims of cyber-espionage through Chinese "penetration of their unclassified networks" NOVEMBER 21, 2008 — TOP NEWS Citigroup Shares Keep Sinking The bank's board meets as Wall Street wonders whether CEO Pandit can withstand the pressure, or if he'll be forced into a deal or U.S. rescue NOVEMBER 21, 2008 — TOP NEWS For Exiting Wal-Mart CEO, a Victory Lap Michael Duke will replace Lee Scott in February after Scott revived the big-box retailer's sales and share price, as well as his reputation NOVEMBER 20, 2008 — TOP NEWS Citigroup's Worries Mount The bank's sinking shares indicate investors have lost confidence in CEO Vikram Pandit and it may be headed for a sale or another bailout NOVEMBER 19, 2008 — TOP NEWS Auto Execs in the Hot Seat GM, Ford, and Chrysler CEOs face tough Senate questions over why the U.S. should hand them billions, and whether it'll do any good NOVEMBER 19, 2008 — TOP NEWS Paulson's Explanation Leaves More Questions Second-guessing mounts over Henry Paulson's handling of the Treasury bailout fund, along with his answers for where and how the funds are being applied NOVEMBER 19, 2008 — TOP NEWS Daschle to Become Health Secretary The former Senate leader is expected to become Obama's point man on health-care reform and will oversee a $707 billion federal bureaucracy NOVEMBER 19, 2008 — AUTOS Auto Bailout: Seeking Signs of Sacrifice House members push for workers to give up some pay and benefits, and ask why executives still don't seem to get the need for change NOVEMBER 19, 2008 — MANDEL ON ECONOMICS Is Deflation Good for Workers? A key underlying cause of the financial crisis was a fall in real wages. A bit of deflation may be just what consumers need NOVEMBER 18, 2008 — TOP NEWS The Ax Swings at Citigroup With thousands of new job cuts set for the next several months, Citi's workforce and managers are in for tense times NOVEMBER 18, 2008 — MYTAKE Blame U.S. Consumers for Offshoring You want merchandise for less. Sending manufacturing jobs to Asia is the only way to give it to you, says BusinessWeek reader Rudy Vandenbelt NOVEMBER 18, 2008 — TOP NEWS Memo from Jerry Yang From the desk of the exiting CEO NOVEMBER 17, 2008 — TOP NEWS Consumer Cutbacks: Look Who's Benefiting As Americans trade down on brands, switch to discount stores, and buy on layaway, it's not just Wal-Mart that's winning business NOVEMBER 17, 2008 — TOP NEWS Key Questions From the G-20 Summit G-20 finance ministers must decide what to do about trade tensions, consumer spending, housing prices, and global coordination NOVEMBER 16, 2008 Germany Is Officially in Recession The Federal Statistical Office has announced the economy is in recession, with third-quarter data even worse than expected NOVEMBER 16, 2008 Six Unknowns Roiling the Market After weeks of mad volatility, even longtime market observers are baffled by what's ahead for stocks NOVEMBER 15, 2008 — TOP NEWS G-20 Summit: Little Action, Many Promises Finance ministers, given a list of some 47 things to follow up on, agreed to meet again before the end of April NOVEMBER 14, 2008 The Ax-Man Finally Arrives at Sun Wall Street thinks the company needs to cut more jobs, but it's in danger of losing some good people View Previous Page | View Next Page | News Archive by Year | |
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