|
|
Forever stamp sales rise ahead of rate increase(CNN)
The cost of mailing a letter goes up a penny to 42 cents on Monday, the latest in what are expected to be annual price adjustments by the Postal Service.
|
Regulators shutter Arkansas bank(CNN)
Read full story for latest details.
|
EA gets $1B financing for Take-Two bid(CNN)
Read full story for latest details.
|
Microsoft appeals $1.39B antitrust fine(CNN)
Read full story for latest details.
|
Citi promises to rein in risk(CNN)
A high-up Citigroup executive, chief administrative officer Don Callahan, had predicted that Citi's Investor Day, held Friday morning, would have to deal significantly in "promises," and that turned out to be the case. Citi is expecting to cut close to $500 billion from its $2.2 trillion balance sheet; to exit unprofitable client relationships; and to overturn its "silos" and really complete the 1998 merger of Citicorp and Travelers. Said CEO Vikram Pandit: "We're finally going to merge it all."
|
FedEx cuts outlook, blames fuel(CNN)
Read full story for latest details.
|
Rockefellers push alternative energy at Exxon(CNN)
Read full story for latest details.
|
Ford surprised by Kerkorian investment(CNN)
Read full story for latest details.
|
Rockefellers' greener Exxon gains support(CNN)
Read full story for latest details.
|
Delphi losses widen as GM advances cash(CNN)
Read full story for latest details.
|
How much equity do my investors deserve?(CNN)
Dear FSB: I have developed a technology I would like to commercialize and I'm looking to bring in partners to help me develop a business plan and seek venture capital/collaboration. What percentage of the company is typical given away in such cases? Assume the company will be an LLC?
|
AIG chief under siege(CNN)
Martin Sullivan, the chief executive of American International Group, picked the right time to build what he calls a "fortress balance sheet," because bad bets in the mortgage markets have him and his board under siege.
|
Circuit City opens books to Blockbuster(CNN)
After a several weeks of playing coy, Circuit City has agreed to allow potential suitor Blockbuster to review its books, setting in motion the process of putting itself up for sale.
|
Liberty Media may appeal IAC breakup ruling(CNN)
Read full story for latest details.
|
AIG losses boost bonds(CNN)
Read full story for latest details.
|
Tax rebates won't work - 82% say(CNN)
Eight in 10 Americans believe that the government's $110 billion effort to help consumers will not boost the economy, according to a poll released Friday.
|
Oil stockpile a drop in the bucket(CNN)
As part of their plan to tame record oil prices, lawmakers are urging the President to stop putting oil in the nation's Strategic Petroleum Reserve. But some analysts say that won't do much to lower gas prices.
|
