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01/06/2009 10:02 PM

RTT News

Chemical slump sends LyondellBasell into Chapter 11
Houston Chronicle - 1 hour ago
By BRETT CLANTON Copyright 2009 Houston Chronicle • July 1993: Lyondell and Citgo Petroleum Corp. form Lyondell Citgo Refining to own and operate Houston refinery.
Lyondell Chemical Blames Falling Demand for Bankruptcy Filing Bloomberg
LyondellBasell US units file for bankruptcy Reuters
New York Times - Brazosport Facts - MarketWatch - Financial Times
all 307 news articles

01/06/2009 09:38 PM

Alcoa Makes Third Output Cut, Fires Workers Amid Weak Demand
Bloomberg - 1 hour ago
By Rob Delaney Jan. 7 (Bloomberg) -- Alcoa Inc., the world’s largest aluminum maker, posted its third major production cut in as many months and will reduce its global workforce by 13500 after demand for the metal used in automobiles and appliances ...
Alcoa to close plants and trim work force International Herald Tribune
Alcoa to cut global workforce by 13% CNNMoney.com
DetNews.com - Charleston Post Courier - Pittsburgh Channel.com - Forbes
all 636 news articles

01/06/2009 09:54 PM

stv.tv

Enron's Skilling Loses Appeal
BusinessWeek - 1 hour ago
Former Enron Chief Executive Officer Jeffrey Skilling (right) and his attorney Daniel Petrocelli (center) in February 2006. James Nielsen/AFP/Getty Images By Michael Orey A federal appeals court has upheld the conviction of former Enron CEO Jeffrey ...
The lesson of Skilling: CEOs are still accountable Houston Chronicle
Appeals Court Upholds Enron Convictions New York Times
Bloomberg - Reuters - guardian.co.uk - The Associated Press
all 400 news articles

01/06/2009 10:02 PM

CharlotteObserver.com

Hong Kong shares end morning weaker as China telcos, banks slide ...
Forbes - 1 hour ago
HONG KONG (XFN-ASIA) - Share prices finished the morning weaker as China telecom firms saw further profit-taking as Beijing prepared to issue 3G licenses, and mainland banks were sold off after news that Bank of America cut its stake in China ...
HK shares fall 0.5 pct as China banks weigh Reuters
BofA Trims Construction Bank Stake;Raises US$2.8 Billion CNNMoney.com
Bloomberg - The Associated Press - RTT News - FT Alphaville
all 244 news articles

01/06/2009 07:30 PM

BBC News

Judge weighs whether Madoff poses danger to others
BusinessWeek - 3 hours ago
By LARRY NEUMEISTER A judge who will decide within days whether Bernard Madoff must await trial in jail rather than under house arrest says he wants to know whether the ability to commit economic harm can make someone like the failed Wall Street ...
Madoff victims may get some cash within a month-report Reuters
Bernard Madoff investors may begin recovering funds in a month Los Angeles Times
Bloomberg - New York Times - Washington Post - International Herald Tribune
all 2,731 news articles

01/06/2009 09:32 PM

Globe and Mail

Fed Minutes Offer No Comfort
Forbes - 1 hour ago
The central bank's rate-setting committee expects GDP to contract 2009, with a significant rise in unemployment. The US Federal Reserve sees an economy mired in recession, with only a slow march to improvment into 2010.
Video: Jan. 6: Stocks Finish Higher on Fed Minutes AssociatedPress

Fed predicts economy will get worse CNNMoney.com
International Herald Tribune - The Associated Press - Reuters - Kansas City Star
all 934 news articles

01/06/2009 08:52 PM

China Daily

Merckle Paid ‘Terrible Price’ of Suicide as Strategy Foundered
Bloomberg - 2 hours ago
By Simon Clark and Sheenagh Matthews Jan. 7 (Bloomberg) -- In December, German billionaire Adolf Merckle gave a rare interview to defend his failing investment strategy.
Facing Big Losses, German Billionaire Takes His Own Life New York Times
Merckle's Troubles Over; HeidelbergCement's Persist Forbes
Financial Times - BusinessWeek - TIME - Reuters
all 725 news articles

01/06/2009 09:01 PM

KY3

IRS Offering Leniency Plan For Taxpayers
Wall Street Journal - 2 hours ago
By MARTIN VAUGHAN WASHINGTON -- The Internal Revenue Service announced steps to be more lenient on taxpayers who are unable to pay taxes owed, in recognition of the financial troubles reverberating throughout the economy.
IRS changes offer relief to delinquent taxpayers USA Today
This year the tax man cometh -- to help Reuters
FayObserver.com - The Associated Press - Edmond Sun - Detroit Free Press
all 159 news articles

01/06/2009 07:45 PM

WELT ONLINE

Gas stopped for swathe of states
BBC News - 3 hours ago
Seven European and Balkan countries have reported a complete halt in Russian gas supplies via Ukraine as the two countries' energy dispute worsens.
Video: Europe running out of gas RussiaToday

The Winter Gas War Wall Street Journal
Financial Times - BusinessWeek - Reuters - Chicago Tribune
all 3,501 news articles

01/06/2009 07:44 PM

MiamiHerald.com

Asia Stocks Rise on Expectation US Spending Will Boost Growth
Bloomberg - 3 hours ago
By Patrick Rial and Masaki Kondo Jan. 7 (Bloomberg) -- Asian shares rose, driving up the benchmark index by the most in three weeks, on speculation US President-elect Barack Obama’s stimulus plan and tax cuts will revive growth in the region’s largest ...
Most Asian markets extend New Year's rally The Associated Press
Miners lead in Asia as metal prices jump MarketWatch
Forbes - RTT News - ABS CBN News - Reuters India
all 133 news articles

01/06/2009 09:54 PM

BBC News

CES: Greener in 2009
BusinessWeek - 1 hour ago
By Katie Fehrenbacher The annual Consumer Electronics Show (CES)—at which every new gadget debuting in the year ahead is trotted out for display in a stadium-size convention center in Las Vegas—is upon us again.
'Best in Show' Awards Revealed at CES TheStreet.com
CES Expectations Muted In Light Of Recession CNNMoney.com
Forbes - BBC News - St. Louis Post-Dispatch - Financial Times
all 709 news articles

01/06/2009 06:50 PM

Reuters

Doubts on loyalty of Merrill 'herd'
Financial Times - 4 hours ago
By Greg Farrell and Francesco Guerrera in New York Fresh questions are being raised about the stability of Merrill Lynch's 16000-plus "thundering herd" of financial advisers, one of the most powerful and enduring forces in US finance.
Bank of America’s Chief Gives Up Bonus New York Times
Sontag to Head Merrill Brokerage After McCann Quits Bloomberg
Reuters - BusinessWeek - Bizjournals.com - Los Angeles Times
all 240 news articles

01/06/2009 10:08 PM

US specialty chains see dismal December-SpendingPulse
Reuters - 58 minutes ago
By Martinne Geller NEW YORK, Jan 7 (Reuters) - US retailers experienced a dismal December, as a year-long recession and winter storms kept many potential shoppers at home, according to data released on Wednesday by SpendingPulse.
Erosion in Retail Sales Slowed a Bit in December New York Times
Discounts Fail to Stem Declines in Retail Sales Wall Street Journal
International Herald Tribune - CattleNetwork.com - Reuters
all 16 news articles

01/06/2009 09:51 PM

US Shopping Mall Vacancies Reach 10-Year High as Stores Fail
Bloomberg - 1 hour ago
By Hui-yong Yu Jan. 7 (Bloomberg) -- Vacancies at US malls and shopping centers approached 10-year highs in the fourth quarter, and are set to rise further as declining retail sales put more stores out of business, research firm Reis Inc. said.
Apartment Landlords Find What Goes Up, Does Come Down Wall Street Journal
Vacancies at US regional malls rise as economy reels Reuters
Wall Street Journal Blogs - The Plain Dealer - cleveland.com - Bloomberg - Reuters
all 24 news articles

01/06/2009 06:55 PM

AFP

South Korean Lawmakers Delay Free-Trade Approval
Bloomberg - 4 hours ago
By Heejin Koo Jan. 7 (Bloomberg) -- South Korean lawmakers delayed ratification of a US free-trade accord until after President- elect Barack Obama takes office, ending a standoff that hampered President Lee Myung Bak’s ability to boost the economy.
South Korea parliament returns to work on reforms Reuters
World Briefing | Asia South Korea: Opposition Party Ends Siege of ... New York Times
Forbes - AFP - Wall Street Journal - RTT News
all 281 news articles

01/06/2009 09:16 PM

TopNews

Dow Seeks Payback
Forbes - 1 hour ago
Chemical company says it is pursuing legal options against Kuwait for backing out of deal. Dow Chemical is pursuing legal options against Kuwait for pulling out of their multibillion-dollar joint venture.
Dow set to miss takeover deadline Financial Times
Dow plans legal action Brazosport Facts
BusinessWeek - Reuters - TheStreet.com - Bloomberg
all 479 news articles

01/06/2009 10:25 PM

Sodexo Q1 sales rise 5.6 pct, sticks to FY goals
Reuters - 41 minutes ago
PARIS, Jan 7 (Reuters) - French contract catering and services group Sodexo (EXHO.PA) posted a 5.6 percent rise in fiscal first-quarter sales and kept its full-year goals as it sees higher demand for outsourcing through the financial crisis.
Sodexo Q1 revenues up 5.6%; confirms FY09 revenue growth outlook ... RTT News
Sodexo Announces Revenue Growth of 5.6% for the First Quarter of ... Business Wire (press release)
ddp-direkt.de (press release) - SYS-CON Media - Canada NewsWire (press release)
all 19 news articles

01/06/2009 10:19 PM

AMD deal gets federal approval
Albany Times Union - 47 minutes ago
By LARRY RULISON, Business writer MALTA - The federal government has ruled there are no national security concerns with a $7 billion investment deal between Advanced Micro Devices Inc. and the Emirate of Abu Dhabi.
AMD Foundry Gets US Government OK PC World
AMD chipmaking spinoff gets OK from US CNET News
WNYT - EETimes.com - WELT ONLINE - The Age
all 37 news articles

01/06/2009 10:24 PM

Boston Globe

Fire destroys row of businesses in the Fenway
Boston Globe - 42 minutes ago
By John R. Ellement and Andrew Ryan Standing across the street from the charred wreckage of the restaurant that fed his family, Nick Kolettis had tears in his eyes.
Blaze destroys six Fenway area restaurants Boston Herald
Blaze guts popular row of restaurants Metro Boston
Cape Cod Times - NECN - WFIE-TV - Boston Channel.com
all 39 news articles

01/06/2009 09:01 PM

Greentech Media

Investment in Clean Technology Suffers Steep Quarterly Decline
Wall Street Journal - 2 hours ago
By JIM CARLTON Venture-capital investment in clean technology fell 35% in the fourth quarter from the prior quarter amid the economic slowdown, the steepest quarterly drop in two years.
Cashing In on Clean Technology Inc.com
Flow of venture capital for green tech slows San Francisco Chronicle
EE Times Deutschland - Cleantech Group - CNET News - SustainableBusiness.com
all 24 news articles

C151 Luxury Villas with Smart villa system