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Business

Government to wipe out Fannie/Freddie shareholders by Sunday
BloggingStocks - 58 minutes ago
And now what could become history's biggest transfer of tax dollars to bail out bad lending begins. Last month Congress passed a bill that gave the Treasury Department $800 billion to bail out Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).
Gov't Plans To Rescue Fannie, Freddie NPR
Questions, and Hope, on Plans for Mortgage Giants New York Times
Reuters - Houston Chronicle - BBC News - Los Angeles Times
all 967 news articles »

FNM - FRE - EPA:MLACO

Washington Post

Machinists Go on Strike Against Boeing
New York Times - 20 minutes ago
By MICHELINE MAYNARD The union that represents machinists struck the Boeing Company early Saturday, crippling its aircraft production in the United States and potentially delaying the development of an important new plane, the Dreamliner.
Contract talks fail; machinists strike Boeing Co. The Associated Press
Boeing machinists walk off the job as talks fail Reuters
Bloomberg - Washington Post - Monsters and Critics.com - guardian.co.uk
all 2,397 news articles »

BA - AMS:BOEI

BBC News

India Wins Accord to End 34-Year Ban on Nuclear Trade (Update1)
Bloomberg - 1 hour ago
By Jonathan Tirone Sept. 6 (Bloomberg) -- India's 34-year ban on nuclear trade will be lifted after the nation reiterated pledges to maintain a moratorium on nuclear testing, paving the way for companies to sell reactors and fuel to the world's second ...
US-India nuclear accord approved BBC News
Nuclear nations approve disputed India trade waiver Reuters
The Associated Press - AFP - Voice of America - Reuters India
all 1,428 news articles »

Siliconrepublic.com

SanDisk Shares Soar on Samsung Interest
BusinessWeek - 11 hours ago
by Arik Hesseldahl Battered by a year of flagging prices for flash-memory chips and by an inability to get traction in sales of digital media devices, SanDisk (SNDK) may soon get scooped up by South Korean electronics giant Samsung Group.
Samsung Weighs Buying SanDisk New York Times
SanDisk Shares Surge as Samsung Considers Acquisition (Update3) Bloomberg
Forbes - Financial Times - San Jose Mercury News - InternetNews.com
all 385 news articles »

SNDK - SEO:005930 - OTC:TOSBF

TopNews

US Mortgage Foreclosures, Delinquencies Reach Highs (Update3)
Bloomberg - 19 hours ago
By Kathleen M. Howley Sept. 5 (Bloomberg) -- Foreclosures accelerated to the fastest pace in almost three decades during the second quarter as interest rates increased and home values fell, prompting more Americans to walk away from homes they couldn't ...
HOUSING: Late payments, foreclosures increase North County Times
Record 1.2 million homes hit by foreclosure CNNMoney.com
New York Times - Hartford Courant - Houston Chronicle - Bizjournals.com
all 653 news articles »

DailyTech

Dell May Shrink Its Network of Factories
New York Times - 10 hours ago
By STEVE LOHR Dell, in a government filing this week, strongly suggested that it planned to shrink its network of factories as part of the computer company’s drive to reduce costs.
Dell Trades Factories For Money Forbes
WSJ: Dell could sell off Winston-Salem plants Bizjournals.com
guardian.co.uk - Wall Street Journal - Seeking Alpha - Bloomberg
all 239 news articles »

DELL

Earthtimes (press release)

Nation's jobless rate tops 6 percent for first time in five years
The Star-Ledger - NJ.com - 1 hour ago
by Robert Cohen/The Star-Ledger WASHINGTON - The nation's unemployment rate jumped above 6 percent last month -- the highest level in five years -- offering stark evidence of a troubled economy that is steadily shedding jobs and facing continued ...
US Jobless Rate Climbs Past 6%, Highest Since ’03 New York Times
Jobless rate at 5-year high Reuters
Washington Times - Financial Times - Seattle Times - MarketWatch
all 141 news articles »

Dividend.com

Altria Pursuit of UST Makes Lorillard Next Possible Target
Bloomberg - 7 hours ago
By Chris Burritt Sept. 6 (Bloomberg) -- Altria Group Inc.'s pursuit of snuff maker UST Inc. may mean that Lorillard Inc., the manufacturer of Newport menthol cigarettes, is the next target as the US tobacco industry consolidates.
Costs Tangle Bid by Altria Wall Street Journal
Marlboro maker Altria may be in talks to buy UST Los Angeles Times
MarketWatch - Financial Times - Forbes - guardian.co.uk
all 251 news articles »

MO - UST - LO

Sify

Nokia Lowers Forecast for Market Share
New York Times - 10 hours ago
By AP HELSINKI, Finland (AP) - The Nokia Corporation, the world’s biggest cellphone maker, said Friday that its third-quarter global market share would decline from second-quarter levels because of aggressive price cuts by its rivals, setting off a 10 ...
Nokia Stock Falls the Most Since April on Market Share Forecast Bloomberg
Nokia warning calls pall on mobile, telecom sectors MarketWatch
Financial Times - Reuters - BBC News - The Associated Press
all 342 news articles »

NOK - AMS:NOKA - BIT:NOK1V

BBC News

Ford: Small Cars Can Be Profitable
Wall Street Journal - 15 hours ago
By MATTHEW DOLAN SIENA, Italy -- Ford Motor Co. is expressing new confidence about the auto maker's ability to sell new small cars at a profit in the US market, citing new data about how Americans are beginning to value premium features and dynamic ...
Ford: Loan guarantees would speed new technologies Forbes
Toyota sees US market flat in 2009 Reuters
Columbus Dispatch - BusinessWeek - Bizjournals.com - International Herald Tribune
all 995 news articles »

GM - F - TM

Silver State is 11th failed bank this year
Reuters - 6 hours ago
By John Poirier WASHINGTON (Reuters) - Silver State Bank, which recently included Republican presidential candidate John McCain's son on its board, was closed by regulators on Friday, becoming the 11th bank to fail this year, as the struggling economy ...
Nevada Bank Is 11th to Fail in '08 Washington Post
Silver State Bank in Nevada is shut The Associated Press
Wall Street Journal - Las Vegas Review - Journal - Bloomberg - MarketWatch
all 291 news articles »

SSBX - ZION - NSE:E:FEDERALBNK.EQ

Washington Post

Interest Was Waived for Rangel on Loan for Villa
New York Times - 25 minutes ago
By DAVID KOCIENIEWSKI and DAVID M. HALBFINGER Representative Charles B. Rangel paid no interest for more than a decade on a mortgage extended to him to buy a villa at a beachfront resort in the Dominican Republic, according to Mr.
Rangel Says He Didn't Know of Loan Terms Washington Post
Rangel Got Interest-Free Loan on Dominican Villa (Update2) Bloomberg
Reuters - International Herald Tribune - The Associated Press - New York Daily News
all 261 news articles »

India Infoline.com

Stocks Make a Modest Rebound To Close a Week of Big Losses
Washington Post - 7 hours ago
AP NEW YORK, Sept. 5 -- Investors wrestled with intensifying economic worries Friday, extending sharp losses after a disheartening jobs report before engaging in some mild bargain hunting that gave the market some modest gains.
Dow gains 32 points despite poor employment, foreclosure reports Los Angeles Times
The Dow, S&P 500, Nasdaq end mixed Jamestown Sun
CNNMoney.com - Reuters - Forbes - TheStreet.com
all 64 news articles »

ABC News

Continental Air Adds $15 Charge for First Checked Bag (Update4)
Bloomberg - 17 hours ago
By Mary Schlangenstein Sept. 5 (Bloomberg) -- Continental Airlines Inc. said it will charge some coach customers $15 for the first checked bag after determining the fee didn't erode demand at other carriers and would help counter elevated fuel costs.
Continental to Charge $15 For First Checked Bag Wall Street Journal
Continental adds $15 first-bag fee Bizjournals.com
Houston Chronicle - The Associated Press - Reuters - The Plain Dealer - cleveland.com
all 341 news articles »

CAL

Los Angeles Times

Oversight pressure may explain moves at Downey Financial
Los Angeles Times - 6 hours ago
Downey Financial Corp. has been under intense regulatory scrutiny since at least June, according to filings it made with the Securities and Exchange Commission on Friday.
Risky Loans Hurt Lender in California New York Times
CORRECTED-UPDATE 1-Downey says sold certain assets for $110 mln Reuters
Wall Street Journal - MarketWatch - LA Observed - RTT News
all 17 news articles »

DSL

Boston Globe

Oil Falls to Five-Month Low on Dollar Gain, US Jobless Rate
Bloomberg - 18 hours ago
By Mark Shenk Sept. 5 (Bloomberg) -- Crude oil fell to a five-month low as the dollar climbed and US unemployment rose more than expected, signaling a slowdown in demand.
Silver prices decline as oil prices fall Forbes
Oil futures fall below $107, ready for 8% weekly loss MarketWatch
The Associated Press - guardian.co.uk - Wall Street Journal - AFP
all 918 news articles »

National Semi's Chipped Earnings
Forbes - 16 hours ago
On Friday, analog chipmaker National Semiconductor (nyse: NSM - news - people ) reported profits and sales decreases in its fiscal 2009 first-quarter, which ended Aug. 24, due to a higher tax rate.
National Semi shares dip on profit, sales update MarketWatch
National Semiconductor Net Drops Wall Street Journal
Bloomberg - Reuters - San Jose Mercury News - Bizjournals.com
all 99 news articles »

NSM

CBS News

FAA to Get High Marks in Report
Wall Street Journal - 8 hours ago
By CHRISTOPHER CONKEY and ANDY PASZTOR WASHINGTON -- An independent review team is expected to laud the Federal Aviation Administration's approach to ensuring airline safety, a big boost for an agency criticized after a string of oversight lapses.
11 Air Carriers Violated Safety Rules, FAA Says New York Times
Safety compliance gaps noted for some US airlines Reuters
Bizjournals.com - Philadelphia Inquirer - Fort Worth Star Telegram
all 282 news articles »

KOHD

GE Says SEC Considers Civil Case in 3-Year-Old Accounting Probe
Bloomberg - 9 hours ago
By Rachel Layne and David Scheer Sept. 6 (Bloomberg) -- General Electric Co. said the US Securities and Exchange Commission plans to recommend a civil complaint against the company in a three-year-old probe that includes the way it recognizes revenue ...
UPDATE 1-GE gets 'Wells notice' in SEC accounting probe Reuters
GE Gets Wells Notice Wall Street Journal
Dallas Morning News - CNNMoney.com - The Associated Press - RTT News
all 250 news articles »

GE - MTEX

Dividend.com

Merrill Lynch Cut to `Sell' at Goldman on Writedowns (Update5)
Bloomberg - 17 hours ago
By Brett Miller and Chua Kong Ho Sept. 5 (Bloomberg) -- Merrill Lynch & Co., down 50 percent in New York trading this year, was cut to ``sell'' at Goldman Sachs Group Inc. on concern the firm may post more writedowns tied to credit-related investments.
Goldman cuts Merrill to "sell," sees new writedowns Reuters
Goldman tells clients to sell Merrill shares MarketWatch
TheStreet.com - InvestmentNews - Crain's New York Business - Market Intelligence Center
all 57 news articles »

MER - TSE:MLC - CT