Meltdown 101: The Fed's $1T consumer loan plan (AP via Yahoo! News)
Fri, 20 Mar 2009 18:18:37 GMT
This week, a $1 trillion government program to try to bust through credit clogs and get money flowing freely to shoppers, students, car buyers and mom-and-pop businesses kicked off.


Re-Financing of Existing Credit Facility and Partial Redemption of Bonds by HLGE (PR Newswire via Yahoo! Finance)
Fri, 20 Mar 2009 10:31:00 GMT
China Yuchai International Limited announced today that it has entered into a new facility agreement with the Bank of Tokyo-Mitsubishi UFJ, Ltd., Singapore Branch, to refinance part of its existing S$21.5 million unsecured, multi-currency revolving credit facility which matured on March 20 2009.


FOXBusiness.com's Week in Review: Mar. 16-20, 2009 (Fox News)
Fri, 20 Mar 2009 22:03:53 GMT
This week in business news: House passes bill taxing AIG bonuses 90%, documents show Treasury and Fed officials knew about the AIG bonuses, Fed says it will by over $1 trillion in assets.


Meltdown 101: The Fed's $1T consumer loan plan (San Francisco Chronicle)
Fri, 20 Mar 2009 18:44:54 GMT
This week, a $1 trillion government program to try to bust through credit clogs and get money flowing freely to shoppers, students, car buyers and mom-and-pop businesses kicked off. If the program succeeds, loans to consumers and small businesses will become...


CA-BUSINESS Summary (The Globe and Mail)
Sat, 21 Mar 2009 04:14:39 GMT
TORONTO (Reuters) - Canadian Oil Sands Trust said on Friday it is cutting its 2009 outlook for production from the Syncrude Canada Ltd oil sands venture, the world's largest producer of synthetic oil.


CA-BUSINESS Summary (The Globe and Mail)
Sat, 21 Mar 2009 02:14:39 GMT
TORONTO (Reuters) - Toronto's main stock index sputtered on Friday, closing lower for the first time in almost two weeks, as a fall in oil prices rattled energy shares, while financials cooled further after a big surge.


Bipartisan cheers greet Obama in California (San Francisco Chronicle)
Fri, 20 Mar 2009 15:42:19 GMT
In a high-profile display of bipartisanship, President Obama received effusive praise from Republican Gov. Arnold Schwarzenegger on Thursday as a "leader in economic recovery," while Obama offered encouragement for the governor's budget initiatives. Obama...


CA-BUSINESS Summary (The Globe and Mail)
Fri, 20 Mar 2009 20:59:39 GMT
TORONTO (Reuters) - Toronto's main stock index sputtered on Friday, closing lower for the first time in almost two weeks, as a fall in oil prices rattled energy shares while the financials cooled further after a massive surge.


Smart Credit Tips for a Recession (Carteret County News-Times)
Thu, 19 Mar 2009 09:24:01 GMT
(ARA) - It's official: the country is in a recession and consumers are feeling the pinch of the credit crunch. With banks tightening their lending, it's becoming more and more difficult to get auto loans, mortgages and even credit cards.


Fitch Rates Michigan's $470MM GOs 'AA-'; Outlook Negative (Business Wire via Yahoo! Finance)
Fri, 20 Mar 2009 21:51:00 GMT
NEW YORK----Fitch Ratings has assigned 'AA-' ratings to the following general obligation bonds to be issued by the State of Michigan :