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Reuters: Business News
  • Shares rebound with confidence boost from GE
    NEW YORK (Reuters) - Stocks snapped back on Tuesday after a pledge by General Electric, a global bellwether, to leave its dividend intact in a fragile economy sparked optimism.
  • GM says needs fast $4 billion from U.S. to survive
    DETROIT (Reuters) - General Motors Corp warned the U.S. government on Tuesday that it needs a $4 billion loan by the end of December or else it faces the risk of immediate failure.
  • Chrysler says needs emergency bridge loan
    DETROIT (Reuters) - Chrysler LLC on Tuesday asked the U.S. government for an emergency $7-billion bridge loan by the end of the year, saying it needs the funds to survive a brutal downturn in sales that has depleted its cash reserves.
  • Goldman taps former head of NY Fed for chairman: report
    (Reuters) - Goldman Sachs Group Inc is looking to name Gerald Corrigan, a former head of the Federal Reserve Bank of New York, as chairman of its newly created bank holding company, Financial Times said.
  • RIM cuts Q3 outlook on strong dollar
    (Reuters) - Research In Motion Ltd on Tuesday cut its third-quarter outlook below Wall Street expectations, hurt by depreciation of certain foreign currencies relative to the U.S. dollar in the quarter.

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Wed, Dec 3rd, 2008, @7:00pm
Sequoia Comedy Night
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