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Senate bill to cost $838 billion
February 9, 2009 at 6:22 pm

The amended economic recovery bill that the Senate is expected to pass on Tuesday would increase the deficit by $838 billion over 10 years, the Congressional Budget Office estimated on Monday.

Pfizer will list doctor payments
February 9, 2009 at 6:12 pm

Read full story for latest details.

Treasury to lay out foreclosure fix
February 9, 2009 at 5:46 pm

Treasury Secretary Tim Geithner is expected to announce Tuesday the Obama administration's long-awaited plans to address the foreclosure crisis.

Oil settles below $40 on demand jitters
February 9, 2009 at 5:31 pm

Oil prices fell Monday, erasing earlier gains, as the market remains confined to a narrow trading range by concerns about waning demand and ongoing production cuts.

Private capital: The bailout wildcard
February 9, 2009 at 5:06 pm

Fixing the banks is only the start.

25% of companies plan salary freeze
February 9, 2009 at 2:39 pm

About a quarter of businesses have frozen workers' salaries for 2009 in the wake of a pessimistic economic outlook, according to a survey released Monday.

TARP revised: On verge of new bailout
February 9, 2009 at 2:32 pm

The Obama administration's long-anticipated overhaul of the banking bailout is finally near.

Ford: Electric van in 2010
February 9, 2009 at 2:26 pm

Ford Motor Co. will introduce its first all-electric vehicle in 2010, but it will be intended for business owners - not families. The electric Transit Connect, a small van, will be offered in "select" U.S. Ford dealerships.

When bad banks buy worse banks
February 9, 2009 at 1:59 pm

Nine banks have failed so far this year. That's not good news, particularly since 25 failed last year.

Madoff and SEC agree on a partial judgment
February 9, 2009 at 1:56 pm

The Securities and Exchange Commission and disgraced investor Bernard Madoff made permanent Monday a partial judgment, one that could eventually force Madoff to pay a civil fine and return investors' money.

Ground zero for rising unemployment
February 9, 2009 at 1:21 pm

President Obama spoke at Concord Community High School in Elkhart, Ind., on Monday, trying to make a case for his $827 billion economic stimulus package.

GM's product czar to retire
February 9, 2009 at 1:15 pm

Read full story for latest details.

Madoff agrees to partial civil judgment
February 9, 2009 at 12:24 pm

Read full story for latest details.

A personal touch back to Wall Street
February 9, 2009 at 12:24 pm

Many theories are floating around about what can be done to fix Wall Street: more transparency, greater oversight, even lower pay. But what's really needed, according to one solution, is the return of a personal touch.

Poll: Yes to stimulus - cost is a worry
February 9, 2009 at 12:18 pm

A majority of Americans support the economic stimulus bill that Congress is debating, but most think the recovery plan will spend too much taxpayer money, according to a poll released Monday.

Lowe's tightens compensation policy
February 9, 2009 at 11:39 am

Lowe's Companies announced Monday that the retailer has revised its compensation policy to allow it to recoup "unearned" performance-based pay from executives.

Obama takes stimulus package on the road
February 9, 2009 at 11:11 am

With Congress bogged down on his administration's $800 billion-plus stimulus package, President Barack Obama is hoping rally public support with a brief campaign-style road trip Monday, heading to a part of the country particularly hard hit by the economic downturn.

Stocks rebound on bank rally
February 9, 2009 at 11:09 am

Financial shares rallied Monday morning, tempering the market's early losses, as investors set aside worries about the delayed announcement of the government's new bank bailout plan.

Why Disney wants DreamWorks
February 9, 2009 at 10:31 am

It's a no-brainer why DreamWorks wants to ally with Walt Disney.

Employment index worst in 35 years
February 9, 2009 at 10:19 am

Labor market indicators are tumbling at a rate not seen in 35 years, according to a report released Monday.

Rohm and Haas' profits fall
February 9, 2009 at 10:10 am

Read full story for latest details.

Early selloff on Wall Street
February 9, 2009 at 9:46 am

Stocks slipped Monday morning as investors considered the ongoing economic stimulus debate and a delay in the announcement of the bank bailout plan.

McDonald's sales rise 7.1%
February 9, 2009 at 9:44 am

Read full story for latest details.

Fluor's corporate crime-fighter
February 9, 2009 at 9:37 am

A young engineer named Alan Boeckmann was working in South Africa for Fluor, the multinational construction firm. One of his supervisors asked him to revise an order for materials, so Boeckmann changed the request and sent it back to Fluor's warehouse. Unbeknown to him, his boss had already sold the goods on the original order for a personal profit. Later Boeckmann watched, stunned, as the supervisor was arrested in front of him.

WiMax's last best hope
February 9, 2009 at 9:31 am

I'm zipping through the streets of Portland, Ore., in a Lincoln Navigator while a "Knight Rider" episode streams over the Internet to a screen mounted to the car's dashboard.

Make Believers
February 9, 2009 at 9:28 am

They came by the thousands: rocket builders and knitting enthusiasts, weavers and welders, blacksmiths and bicyclemakers. They brought flamethrowers, catapults and a two-story robot that spat Ping-Pong balls. They taught visitors how to make ice cream with liquid nitrogen and how to turn old socks into plush monsters.

Dollar hurt by stimulus delay
February 9, 2009 at 9:22 am

The dollar fell back Monday after two key elements of President Obama's economic revival plan faced slight delays.

Bond prices slump
February 9, 2009 at 9:20 am

Government debt prices drooped Monday at the start of a week of large new debt sales, and as investors wait for further clarity on the economic stimulus plan.

Hasbro profits lower than expected
February 9, 2009 at 9:06 am

Read full story for latest details.

Oil rises on OPEC supply cut pledge
February 9, 2009 at 8:58 am

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Whirlpool profit drops 76%
February 9, 2009 at 8:44 am

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OPEC mulls further output cut
February 9, 2009 at 8:28 am

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Identity theft hits record 10M Americans
February 9, 2009 at 7:32 am

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Nissan to cut 20,000 jobs
February 9, 2009 at 7:05 am

Nissan, Japan's third-largest automaker, announced a series of steps Monday to deal with the economic downturn, including slashing its workforce by 20,000.

Train to get in financial shape
February 9, 2009 at 6:12 am

Welcome to the Olympics of investing. Unfortunately, you are not a spectator. The S&P 500 index of large-cap stocks has lost more than 40% since November 2007, and about $2 trillion in value has disappeared from investors' 401(k)s and IRAs, according to the Center for Retirement Research.
 

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