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Monthly Archive September, 2008

Edgy Wall Street waits for AIG plan

September 15, 2008

American International Group looked to be at risk of becoming the latest victim of the biggest financial shake-up since the Great Depression as the […]

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Wall Street huddles - Lehman

With the fate of beleaguered Lehman Brothers in the balance, some of Wall Street’s most powerful executives and regulators huddled on Saturday to try […]

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Oil settles below $101

September 14, 2008

Oil prices fell to a 5 1/2 month low Thursday, testing the $100-a-barrel mark, as the market remained focused on slumping demand and the […]

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World equities fall 1 percent, dollar rallies

September 11, 2008

World equities dropped to their lowest level in more than two years and the U.S. dollar hit a one-year high against the euro on […]

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Lee Says South Korea Inflation Is Elevated; Leaves Rates Steady

Bank of Korea Governor Lee Seong Tae said inflation will probably remain elevated for a significant period, an indication he may keep interest rates […]

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Big airlines have little to gain from Chapter 11

September 5, 2008

The threat of another round of major U.S. airline bankruptcies seems to have diminished, but it’s not just because of tumbling fuel prices and […]

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Amherst church looks to grow

A pair of potential real estate transactions could help an Amherst church expand to a larger sanctuary while opening the door for a new, commercial […]

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Unilever names Nestle

September 4, 2008

Unilever named company outsider Paul Polman, a veteran of its two biggest consumer goods rivals, as chief executive on Thursday in a surprise choice […]

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Oil falls below $109 on demand, Gustav threat passes

September 3, 2008

Oil fell below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the […]

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Oil drops as Gustav makes impact

Hurricane Gustav slammed into the Gulf coast Monday morning, but oil prices fell as the world market expected that the storm’s impact on the […]

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