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Reuters: Business News
  • Federal Reserve acted on Lehman rumor: report
    (Reuters) - The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc , The Wall Street Journal said citing people familiar with the matter.

  • Fannie, Freddie shares dive on bailout fears, bonds up
    NEW YORK (Reuters) - Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out shareholders but secure their massive debt.

  • California mulls probing senator over IndyMac crash
    WASHINGTON (Reuters) - California's attorney general is reviewing a request by former employees of IndyMac Bancorp Inc to investigate whether a New York senator triggered the bank's collapse by releasing confidential information.

  • New York AG intensifies auction-rate debt probe
    NEW YORK (Reuters) - New York's state attorney general office on Wednesday intensified its probe into auction-rate debt focusing on Bank of America Corp, Goldman Sachs and Deutsche Bank AG, while issuing a warning to brokerages.

  • Wall St rises as bank, energy shares rebound
    NEW YORK (Reuters) - U.S. stocks rose on Wednesday as bank and energy shares rebounded even as investors dumped Fannie Mae and Freddie Mac on fears of an imminent government bailout of the housing finance companies.

Reuters TV: Business
Comprehensive coverage of stories that are currently moving the financial markets around the world.

Coverage includes breaking news, market reports, newsmaker interviews and key company profiles.

  • Japan back from Bubble
    Oct. 18 - Japanese real estate prices are rising again, 16 years after its "Bubble" era ended in tears.
  • Intel cheers Asian shares
    Oct. 18 - Asian shares rose Thursday on expectations of lower U.S. interest rates and strong results by tech giant Intel.
  • New facets for diamond business
    Oct. 16 - The world diamond industry says it wants to rethink its business strategy and give more power to producing countries in Africa.
  • Posting for profit
    Oct. 10 - A new service from Blinkx.com allows consumers to take a cut of ad revenue from video on their own websites.
  • A380 finally lands in Singapore
    Oct. 17 - Two years later than originally scheduled, the Airbus A380 superjumbo lands in Singapore ready for commercial service.
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Thu, Aug 21st, 2008, @1:00pm
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