Business Guide & News Update http://www.askbusinessman.com Business Marketing Management Tips & Guide in All Aspects Fri, 21 Nov 2008 09:37:44 +0000 http://wordpress.org/?v=2.6.3 en Democrats demand Big 3 offer survival plan (Reuters) http://www.askbusinessman.com/democrats-demand-big-3-offer-survival-plan-reuters/ http://www.askbusinessman.com/democrats-demand-big-3-offer-survival-plan-reuters/#comments Fri, 21 Nov 2008 09:37:44 +0000 admin http://www.askbusinessman.com/democrats-demand-big-3-offer-survival-plan-reuters/ Leaders of the U.S. automotive industry testify at a hearing held by the House Financial Services Committee on Capitol Hill, November 19, 2008. From left are General Motors CEO Richard Wagoner, Chrysler Chairman and CEO Robert Nardelli and Ford president and CEO Alan Mulally. (Kevin Lamarque/Reuters)Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.

Democrats demand Big 3 offer survival plan (Reuters)
]]> Leaders of the U.S. automotive industry testify at a hearing held by the House Financial Services Committee on Capitol Hill, November 19, 2008. From left are General Motors CEO Richard Wagoner, Chrysler Chairman and CEO Robert Nardelli and Ford president and CEO Alan Mulally. (Kevin Lamarque/Reuters)Reuters - Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.

Democrats demand Big 3 offer survival plan (Reuters)

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Share This ]]> http://www.askbusinessman.com/democrats-demand-big-3-offer-survival-plan-reuters/feed/ Global stocks rebound on rate cut hopes (Reuters) http://www.askbusinessman.com/global-stocks-rebound-on-rate-cut-hopes-reuters/ http://www.askbusinessman.com/global-stocks-rebound-on-rate-cut-hopes-reuters/#comments Fri, 21 Nov 2008 09:37:20 +0000 admin http://www.askbusinessman.com/global-stocks-rebound-on-rate-cut-hopes-reuters/ A worker at the Tokyo Stock Exchange is seen in Tokyo November 21, 2008. (Yuriko Nakao/Reuters)Reuters - European and Asian shares managed to rise and oil rose toward $50 on Friday as expectations of further interest rate cuts helped to cushion deepening gloom about the financial and auto sectors as well as the broader economy.

Global stocks rebound on rate cut hopes (Reuters)
]]> A worker at the Tokyo Stock Exchange is seen in Tokyo November 21, 2008. (Yuriko Nakao/Reuters)Reuters - European and Asian shares managed to rise and oil rose toward $50 on Friday as expectations of further interest rate cuts helped to cushion deepening gloom about the financial and auto sectors as well as the broader economy.

Global stocks rebound on rate cut hopes (Reuters)

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Share This ]]> http://www.askbusinessman.com/global-stocks-rebound-on-rate-cut-hopes-reuters/feed/ Global stocks hit 5-1/2 year lows (Reuters) http://www.askbusinessman.com/global-stocks-hit-5-12-year-lows-reuters/ http://www.askbusinessman.com/global-stocks-hit-5-12-year-lows-reuters/#comments Thu, 20 Nov 2008 09:36:14 +0000 admin http://www.askbusinessman.com/global-stocks-hit-5-12-year-lows-reuters/ A pedestrian walks along a side street in Seoul November 20, 2008. (Jo Yong-Hak/Reuters)Reuters - A 6 percent fall in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell below $53 and safe havens such as the yen gained on fears the global recession and a financial crisis will get uglier.

Global stocks hit 5-1/2 year lows (Reuters)
]]> A pedestrian walks along a side street in Seoul November 20, 2008. (Jo Yong-Hak/Reuters)Reuters - A 6 percent fall in Asia pushed world stocks to their lowest in 5- years on Thursday, while oil fell below $53 and safe havens such as the yen gained on fears the global recession and a financial crisis will get uglier.

Global stocks hit 5-1/2 year lows (Reuters)

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Share This ]]> http://www.askbusinessman.com/global-stocks-hit-5-12-year-lows-reuters/feed/ Financials need at least $1 trillion: analyst (Reuters) http://www.askbusinessman.com/financials-need-at-least-1-trillion-analyst-reuters/ http://www.askbusinessman.com/financials-need-at-least-1-trillion-analyst-reuters/#comments Thu, 20 Nov 2008 09:36:08 +0000 admin http://www.askbusinessman.com/financials-need-at-least-1-trillion-analyst-reuters/ Pedestrians are reflected in the window of a Citibank branch in Hong Kong's financial Central District November 18, 2008. (Bobby Yip/Reuters)Reuters - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.

Financials need at least $1 trillion: analyst (Reuters)
]]> Pedestrians are reflected in the window of a Citibank branch in Hong Kong's financial Central District November 18, 2008. (Bobby Yip/Reuters)Reuters - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.

Financials need at least $1 trillion: analyst (Reuters)

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Share This ]]> http://www.askbusinessman.com/financials-need-at-least-1-trillion-analyst-reuters/feed/ Toyota to cut output, Nissan downbeat (Reuters) http://www.askbusinessman.com/toyota-to-cut-output-nissan-downbeat-reuters/ http://www.askbusinessman.com/toyota-to-cut-output-nissan-downbeat-reuters/#comments Wed, 19 Nov 2008 09:32:57 +0000 admin http://www.askbusinessman.com/toyota-to-cut-output-nissan-downbeat-reuters/ New cars of Toyota are pictured at a car dealer in Dortmund November 17, 2008. (Ina Fassbender/Reuters)Reuters - Reeling from a relentless sales slide, Toyota Motor Corp (7203.T) said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co (7201.T) renewed its pessimism over the industry's near-term prospects.

Toyota to cut output, Nissan downbeat (Reuters)
]]> New cars of Toyota are pictured at a car dealer in Dortmund November 17, 2008. (Ina Fassbender/Reuters)Reuters - Reeling from a relentless sales slide, Toyota Motor Corp (7203.T) said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co (7201.T) renewed its pessimism over the industry’s near-term prospects.

Toyota to cut output, Nissan downbeat (Reuters)

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Share This ]]> http://www.askbusinessman.com/toyota-to-cut-output-nissan-downbeat-reuters/feed/ Auto woes weigh on global stocks (Reuters) http://www.askbusinessman.com/auto-woes-weigh-on-global-stocks-reuters/ http://www.askbusinessman.com/auto-woes-weigh-on-global-stocks-reuters/#comments Wed, 19 Nov 2008 09:32:24 +0000 admin http://www.askbusinessman.com/auto-woes-weigh-on-global-stocks-reuters/ People look at an electronic board displaying share prices at a securities company in Tokyo October 30, 2008. (Yuriko Nakao/Reuters)Reuters - World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling the real economy.

Auto woes weigh on global stocks (Reuters)
]]> People look at an electronic board displaying share prices at a securities company in Tokyo October 30, 2008. (Yuriko Nakao/Reuters)Reuters - World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling the real economy.

Auto woes weigh on global stocks (Reuters)

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Share This ]]> http://www.askbusinessman.com/auto-woes-weigh-on-global-stocks-reuters/feed/ Bank fears resurface, Asia stocks sink (Reuters) http://www.askbusinessman.com/bank-fears-resurface-asia-stocks-sink-reuters/ http://www.askbusinessman.com/bank-fears-resurface-asia-stocks-sink-reuters/#comments Tue, 18 Nov 2008 09:26:52 +0000 admin http://www.askbusinessman.com/bank-fears-resurface-asia-stocks-sink-reuters/ An investor watches a market board indicating the Chinese stock market index in a trading house in central Beijing November 3, 2008. (David Gray/Reuters)Reuters - Asian stocks fell by up to 5 percent on Tuesday as prospects of a deep global recession and one of the biggest job cut plans in history at Citigroup doused expectations for a financial sector recovery in 2009.

Bank fears resurface, Asia stocks sink (Reuters)
]]> An investor watches a market board indicating the Chinese stock market index in a trading house in central Beijing November 3, 2008. (David Gray/Reuters)Reuters - Asian stocks fell by up to 5 percent on Tuesday as prospects of a deep global recession and one of the biggest job cut plans in history at Citigroup doused expectations for a financial sector recovery in 2009.

Bank fears resurface, Asia stocks sink (Reuters)

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Share This ]]> http://www.askbusinessman.com/bank-fears-resurface-asia-stocks-sink-reuters/feed/ Search is on for new Yahoo CEO after Yang steps down (Reuters) http://www.askbusinessman.com/search-is-on-for-new-yahoo-ceo-after-yang-steps-down-reuters/ http://www.askbusinessman.com/search-is-on-for-new-yahoo-ceo-after-yang-steps-down-reuters/#comments Tue, 18 Nov 2008 09:26:21 +0000 admin http://www.askbusinessman.com/search-is-on-for-new-yahoo-ceo-after-yang-steps-down-reuters/ Jerry Yang, Chief Executive Officer and co-founder of Yahoo! gestures as he addresses a conference in London in this November 12, 2008 file photo. Yang will step down from his role as CEO as soon as the board finds a replacement for the Internet company, Yahoo said on Monday. (Toby Melville/Reuters)Reuters - Yahoo Inc said Jerry Yang will step down as chief executive as soon as the board finds a replacement, sending its shares up 4 percent on hopes his departure will clear the way for a deal with Microsoft.

Search is on for new Yahoo CEO after Yang steps down (Reuters)
]]> Jerry Yang, Chief Executive Officer and co-founder of Yahoo! gestures as he addresses a conference in London in this November 12, 2008 file photo. Yang will step down from his role as CEO as soon as the board finds a replacement for the Internet company, Yahoo said on Monday. (Toby Melville/Reuters)Reuters - Yahoo Inc said Jerry Yang will step down as chief executive as soon as the board finds a replacement, sending its shares up 4 percent on hopes his departure will clear the way for a deal with Microsoft.

Search is on for new Yahoo CEO after Yang steps down (Reuters)

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Share This ]]> http://www.askbusinessman.com/search-is-on-for-new-yahoo-ceo-after-yang-steps-down-reuters/feed/ Recession spreads to Japan, IMF needs more money (Reuters) http://www.askbusinessman.com/recession-spreads-to-japan-imf-needs-more-money-reuters/ http://www.askbusinessman.com/recession-spreads-to-japan-imf-needs-more-money-reuters/#comments Mon, 17 Nov 2008 09:26:30 +0000 admin http://www.askbusinessman.com/recession-spreads-to-japan-imf-needs-more-money-reuters/ A businessman walks down a staircase in Tokyo November 17, 2008. (Yuriko Nakao/Reuters)Reuters - Japan became the latest major economy to fall into recession on Monday with France close behind, and the IMF said it needed at least $100 billion to fight the billowing economic crisis enveloping the world.

Recession spreads to Japan, IMF needs more money (Reuters)
]]> A businessman walks down a staircase in Tokyo November 17, 2008. (Yuriko Nakao/Reuters)Reuters - Japan became the latest major economy to fall into recession on Monday with France close behind, and the IMF said it needed at least $100 billion to fight the billowing economic crisis enveloping the world.

Recession spreads to Japan, IMF needs more money (Reuters)

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Share This ]]> http://www.askbusinessman.com/recession-spreads-to-japan-imf-needs-more-money-reuters/feed/ Asia stocks slip with focus on grim outlook (Reuters) http://www.askbusinessman.com/asia-stocks-slip-with-focus-on-grim-outlook-reuters/ http://www.askbusinessman.com/asia-stocks-slip-with-focus-on-grim-outlook-reuters/#comments Mon, 17 Nov 2008 09:26:16 +0000 admin http://www.askbusinessman.com/asia-stocks-slip-with-focus-on-grim-outlook-reuters/ A Chinese investor pulls his hair as he looks at an electronic board showing stock information at a brokerage house in the financial district of Beijing November 17, 2008. (David Gray/Reuters)Reuters - Asian stocks slipped on Monday in choppy trade, despite some buying of Japanese shares by long-term investors, on expectations corporate results will reflect deteriorating economic conditions until at least the second half of 2009.

Asia stocks slip with focus on grim outlook (Reuters)
]]> A Chinese investor pulls his hair as he looks at an electronic board showing stock information at a brokerage house in the financial district of Beijing November 17, 2008. (David Gray/Reuters)Reuters - Asian stocks slipped on Monday in choppy trade, despite some buying of Japanese shares by long-term investors, on expectations corporate results will reflect deteriorating economic conditions until at least the second half of 2009.

Asia stocks slip with focus on grim outlook (Reuters)

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