EXCLUSIVE-YRC slashes jobs, cuts ’sizable’ -sources - CNN Money
OVERLAND PARK, Kan. (Reuters) - Troubled trucking company YRC Worldwide Inc is cutting substantial numbers of jobs across many departments, sources inside the company said Friday. Officials at YRC, which has been working with lenders and labor to try
For new banks, starting up is hard to do - CNN Money
Try starting one of your own. Even as enterprising bankers try to benefit from a less competitive industry landscape and Americans’ new-found love for Main Street banks, many industry hopefuls have had their dreams deferred. Nearly a year ago, Cindy
Florida’s down payment program not much help to homebuyers - Tampa Bay Online
TAMPA - It seemed like a great idea in Tallahassee. The state would set aside $30 million for counties to offer bridge loans for first-time homebuyers who didn’t want to wait for their federal tax credit of up to $8,000. That way, Florida homebuyers
Top Italian banks say no to state aid - MSN Money
ROME (AP) - Italy’s two largest banks, Unicredit and Intesa SanPaolo, backed out of a plan to sell bonds to the government, saying Tuesday that improving economic conditions made the proposed state aid unnecessary. Unicredit said it plans instead a
Lloyd’s tips for lenders - Wall Street Journal
The insurance market Lloyd’s of London can teach bank executives a thing or two about coming back from the brink. The Lloyd’s of the early 1990s is strikingly similar to the banking industry of 2008. Both, built on repackaging securities, collapsed
Business News - Beaver County Times
A federal bankruptcy court in Miami will hear a motion Oct. 28 by lenders of the Fontainebleau Las Vegas seeking to convert the resort’s bankruptcy case to a liquidation. Newspaper stocks surge as their own news improves September 29, 2009 05:21 PM
How to tame the animal spirits - ninemsn
Never allow a crisis to go to waste. Rahm Emanuel’s pithy take on the credit crunch has already entered the political ?lexicon. But the call by the White House chief of staff to seize the opportunities is as good a yardstick as any of how authorities
Alan Tonelson on CNBC’s Power & Money - American Economic Alert
Just got back from doing a segment on CNBC on U.S.-China trade. These live sessions are usually great fun, especially when the gloves come off – as in this one. Unfortunately, time usually runs so short that lots of major substantive points go
EXCLUSIVE-YRC slashes jobs, cuts ’sizable’ -sources - CNN Money
OVERLAND PARK, Kan. (Reuters) - Troubled trucking company YRC Worldwide Inc is cutting substantial numbers of jobs across many departments, sources inside the company said Friday. Officials at YRC, which has been working with lenders and labor to try
For new banks, starting up is hard to do - CNN Money
Try starting one of your own. Even as enterprising bankers try to benefit from a less competitive industry landscape and Americans’ new-found love for Main Street banks, many industry hopefuls have had their dreams deferred. Nearly a year ago, Cindy
Florida’s down payment program not much help to homebuyers - Tampa Bay Online
TAMPA - It seemed like a great idea in Tallahassee. The state would set aside $30 million for counties to offer bridge loans for first-time homebuyers who didn’t want to wait for their federal tax credit of up to $8,000. That way, Florida homebuyers
Top Italian banks say no to state aid - MSN Money
ROME (AP) - Italy’s two largest banks, Unicredit and Intesa SanPaolo, backed out of a plan to sell bonds to the government, saying Tuesday that improving economic conditions made the proposed state aid unnecessary. Unicredit said it plans instead a
Lloyd’s tips for lenders - Wall Street Journal
The insurance market Lloyd’s of London can teach bank executives a thing or two about coming back from the brink. The Lloyd’s of the early 1990s is strikingly similar to the banking industry of 2008. Both, built on repackaging securities, collapsed
Business News - Beaver County Times
A federal bankruptcy court in Miami will hear a motion Oct. 28 by lenders of the Fontainebleau Las Vegas seeking to convert the resort’s bankruptcy case to a liquidation. Newspaper stocks surge as their own news improves September 29, 2009 05:21 PM
How to tame the animal spirits - ninemsn
Never allow a crisis to go to waste. Rahm Emanuel’s pithy take on the credit crunch has already entered the political ?lexicon. But the call by the White House chief of staff to seize the opportunities is as good a yardstick as any of how authorities
Alan Tonelson on CNBC’s Power & Money - American Economic Alert
Just got back from doing a segment on CNBC on U.S.-China trade. These live sessions are usually great fun, especially when the gloves come off – as in this one. Unfortunately, time usually runs so short that lots of major substantive points go