http://www.dixero.com Dixero no http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_alcoa Reuters - Alcoa Inc said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminum production in the face of the global economic downturn. Tue, 06 Jan 2009 23:12:59 GMT nm/20090106/us_alcoa 2009-01-06T23:12:59Z http://feedproxy.google.com/~r/latimes/business/~3/OiQIGUPY_U0/la-fi-socialsecurity7-2009jan07,0,3170064.story WASHINGTON -- The Social Security Administration, envisaging the near-future prospect of 10,000 baby boomers applying for benefits every day, has put together a new online service that will allow people to get their benefits without ever traveling to a Social Security field office. Tue, 06 Jan 2009 18:07:29 EST http://feedproxy.google.com/~r/latimes/business/~3/OiQIGUPY_U0/la-fi-socialsecurity7-2009jan07,0,3170064.story 2009-01-06T23:07:29Z http://feedproxy.google.com/~r/latimes/business/~3/yjHU9grOAfI/la-fi-alcoa7-2009jan07,0,7561765.story PITTSBURGH -- Aluminum producer Alcoa Inc. said today it will cut 13,500 jobs, or 13 percent of its work force, and slash spending and output to cope with the global economic slowdown. Tue, 6 Jan 2009 14:25:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/yjHU9grOAfI/la-fi-alcoa7-2009jan07,0,7561765.story 2009-01-06T22:25:00Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/DcjhmH7G0Ws/SB123127968554958711.html Lyondell Chemical Co. , the U. S. arm of chemical giant LyondellBasell Industries, filed for Chapter 11 bankruptcy protection Tuesday. Free Tue, 06 Jan 2009 17:12:45 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/DcjhmH7G0Ws/SB123127968554958711.html 2009-01-06T22:12:45Z http://feedproxy.google.com/~r/latimes/business/~3/kpuiCe5yr6o/la-fi-moco7-2009jan07-link1,0,1900523.storylink Money & Co. blog: Ken Lewis asks the company's board not to make payouts, saying management should "share in the pain" of poor performance. Tue, 6 Jan 2009 13:50:20 -0800 http://feedproxy.google.com/~r/latimes/business/~3/kpuiCe5yr6o/la-fi-moco7-2009jan07-link1,0,1900523.storylink 2009-01-06T21:50:20Z http://feedproxy.google.com/~r/latimes/business/~3/NbtlE5WFm7U/la-fi-markets7-2009jan07,0,7703295.story NEW YORK -- Wall Street brushed off more bad economic news today and finished with a rally that left stocks at their highest levels in two months. Tue, 6 Jan 2009 13:39:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/NbtlE5WFm7U/la-fi-markets7-2009jan07,0,7703295.story 2009-01-06T21:39:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Stocks gained on Tuesday on the increased likelihood of a government stimulus package after the release of minutes from the last Federal Reserve policy meeting painted a dismal picture of the U. S. economy. Tue, 06 Jan 2009 21:32:59 GMT nm/20090106/us_markets_stocks 2009-01-06T21:32:59Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/ahc0IOi3QVI/SB123127612164858503.html Aluminum maker Alcoa unveiled deeper work-force cuts, more plant closures and a 50% reduction in capital spending, citing the impact of the economic downturn. Tue, 06 Jan 2009 16:22:26 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/ahc0IOi3QVI/SB123127612164858503.html 2009-01-06T21:22:26Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/L3Nomc2OqHQ/SB123127340392958319.html Bank of America CEO Lewis is recommending that he and his top lieutenants receive no bonuses for 2008. The bank tapped Dan Sontag to succeed Bob McCann as chief of the Merrill Lynch brokerage force. Tue, 06 Jan 2009 16:22:13 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/L3Nomc2OqHQ/SB123127340392958319.html 2009-01-06T21:22:13Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/lyr9mM7IXUM/SB123124275409257077.html The Dow industrials rose 0. 7%, propelled by strong gains for tech stocks, as investors appeared more willing to embrace risk after months of turmoil. The Nasdaq jumped 1. 5%. Free Tue, 06 Jan 2009 16:14:58 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/lyr9mM7IXUM/SB123124275409257077.html 2009-01-06T21:14:58Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Stocks gained on Tuesday as bets rose on the likelihood of a government stimulus package after the release of minutes from the last Fed policy meeting painted a dismal picture of the U. S. economy. Tue, 06 Jan 2009 20:05:38 GMT nm/20090106/us_markets_stocks 2009-01-06T20:05:38Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/PHRuWPGssqI/idUSTRE5055JQ20090106 WASHINGTON (Reuters) - President-elect Barack Obama said on Tuesday that he expects to inherit a U. S. budget deficit approaching $1 trillion and that his administration would have to make some tough budget choices. politicsNews Tue, 06 Jan 2009 15:02:18 -0500 USTRE5055JQ20090106 2009-01-06T20:02:18Z http://feedproxy.google.com/~r/latimes/business/~3/lKtb2KLJ2fo/la-fi-itunes-bloglink,0,6147907.storylink Technology blog: After fighting with record labels over its everything-for-99-cents stance, Apple today said it would finally start offering different songs at different prices. Tue, 6 Jan 2009 11:48:10 -0800 http://feedproxy.google.com/~r/latimes/business/~3/lKtb2KLJ2fo/la-fi-itunes-bloglink,0,6147907.storylink 2009-01-06T19:48:10Z http://rss.slashdot.org/~r/Slashdot/slashdotPolitics/~3/9xtf27-3shE/article.pl An anonymous reader writes "A war has erupted on the Internet between Israel and Palestine, alongside the war being fought on the ground in Gaza. A new report claims that a group called the 'DNS Team' has defaced an Israeli Website, with anti-Israel graphical images — one in a series of instances of 'e-vandalism. ' This sort of e-vandalism, says the author, is not only an inconvenience for Webmasters, but many of the images contain malware links and 'redirects or Flash links to Jihadist forums or blogs. ' However, while the Jihadist forums are registered in Saudi Arabia, they are hosted by companies like Layered Tech and SoftLayer in Plano, Texas. On the Israeli side, 'A fascinating approach over the last few days is being made by an Israeli Website, "Help Israel Win," which provides a download so your PC can become part of a worldwide pro-Israeli botnet. So far 7,786 have joined, already a fairly powerful global computing force. '". Read more of this story at Slashdot. Tue, 06 Jan 2009 19:45:00 GMT http://tech.slashdot.org/article.pl?sid=09/01/06/1924224&from=rss kdawson internet 2009-01-06T19:45:00Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090106/ap_on_go_co/new_congress AP - The new Congress opened for business at the stroke of noon on Tuesday, eager to join President-elect Barack Obama in tackling the worst economic crisis in generations. Democrats celebrated last fall's election gains in the House and Senate. Tue, 06 Jan 2009 19:22:31 GMT ap/20090106/new_congress 2009-01-06T19:22:31Z http://feedproxy.google.com/~r/latimes/business/~3/KngsI5ylft0/la-fi-fed7-2009jan07,0,3864152.story WASHINGTON -- Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time. Tue, 6 Jan 2009 11:12:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/KngsI5ylft0/la-fi-fed7-2009jan07,0,3864152.story 2009-01-06T19:12:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Gains in the tech sector lifted U. S. stocks on Tuesday, offsetting another batch of weak data showing slumping factory orders and dismal pending home sales. Tue, 06 Jan 2009 19:07:53 GMT nm/20090106/us_markets_stocks 2009-01-06T19:07:53Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/cbOARAyWMTE/idUSTRE5055ZA20090106 WASHINGTON (Reuters) - Urinary infections caused by improper use and placement of catheters are the top cause of infections among hospital patients, but simple measures can prevent them, the U. S. government said on Tuesday. politicsNews Tue, 06 Jan 2009 14:05:35 -0500 USTRE5055ZA20090106 2009-01-06T19:05:35Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/Gooy8dL1k14/idUSTRE5020XL20090106 WASHINGTON (Reuters) - Democrats sealed their increased control of the U. S. Congress on Tuesday with the swearing in of newly elected members expected to help enact President-elect Barack Obama's call for a massive economic stimulus package. politicsNews Tue, 06 Jan 2009 14:01:56 -0500 USTRE5020XL20090106 2009-01-06T19:01:56Z http://feedproxy.google.com/~r/latimes/business/~3/5uxktkxKNqA/la-fi-petruno6-bloglink,0,3442585.storylink Money & Co. blog: Analysts downgrade three Southland lenders, saying losses are likely through 2009 as write-offs mount. Tue, 6 Jan 2009 10:16:37 -0800 http://feedproxy.google.com/~r/latimes/business/~3/5uxktkxKNqA/la-fi-petruno6-bloglink,0,3442585.storylink 2009-01-06T18:16:37Z http://feedproxy.google.com/~r/latimes/business/~3/glxz7khIw0w/la-fi-skilling7-2009jan07,0,464474.story HOUSTON -- An appeals court has upheld former Enron Corp. CEO Jeff Skilling's convictions for his role in the energy giant's collapse but orders that he be resentenced. Tue, 6 Jan 2009 10:13:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/glxz7khIw0w/la-fi-skilling7-2009jan07,0,464474.story 2009-01-06T18:13:00Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/BUlPbTh2v7I/SB123126062001057765.html Apple is set to unveil a series of changes to its iTunes Store that represent significant shifts in its longstanding approach to the business of selling songs online. Free Tue, 06 Jan 2009 13:12:04 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/BUlPbTh2v7I/SB123126062001057765.html 2009-01-06T18:12:04Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/xvzjaa-C1_I/idUSTRE50559O20090106 WASHINGTON (Reuters) - How much does it cost to spend $350 billion?. politicsNews Tue, 06 Jan 2009 13:11:56 -0500 USTRE50559O20090106 2009-01-06T18:11:56Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/lyr9mM7IXUM/SB123124275409257077.html A flurry of downbeat economic data threw cold water on an early stock rally, but energy and technology stocks remained notable bright spots. Free Tue, 06 Jan 2009 13:10:52 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/lyr9mM7IXUM/SB123124275409257077.html 2009-01-06T18:10:52Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/p22pmrNtulw/SB123126252263557841.html BP said Lamar McKay, its executive who acted as troubleshooter in last year's bitter dispute between BP and its Russian partners in TNK-BP, will become chairman and president of BP America. Free Tue, 06 Jan 2009 13:04:20 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/p22pmrNtulw/SB123126252263557841.html 2009-01-06T18:04:20Z http://feedproxy.google.com/~r/latimes/business/~3/p7g-gh-1tdI/la-fi-insure7-2009jan07,0,2471877.story In an attempt to settle investigations prompted by articles in The Times, the insurer agrees to reissue plans to almost 700 Californians and reimburse them for expenses that would have been covered. Blue Shield has agreed to reissue medical coverage to nearly 700 Californians that the company dropped after they got sick and to make other changes in the way it handles insurance purchased by individuals, state officials said today. Tue, 6 Jan 2009 09:59:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/p7g-gh-1tdI/la-fi-insure7-2009jan07,0,2471877.story 2009-01-06T17:59:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Strength in the tech sector boosted stocks on Tuesday, overshadowing data showing slumping factory orders and dismal pending home sales. Tue, 06 Jan 2009 17:58:43 GMT nm/20090106/us_markets_stocks 2009-01-06T17:58:43Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/E0Ri9yPOCR4/idUSTRE5054V420090106 WASHINGTON (Reuters) - The man named by the scandal-plagued governor of Illinois to replace President-elect Barack Obama in the U. S. Senate failed to gain entry on Tuesday when the chamber's secretary rejected as incomplete his credentials for the seat. politicsNews Tue, 06 Jan 2009 11:48:44 -0500 USTRE5054V420090106 2009-01-06T16:48:44Z http://rss.slashdot.org/~r/Slashdot/slashdotPolitics/~3/zeC91lRNFhY/article.pl Thelasko writes "It appears that the US Government's digital converter box program is running out of money. If you sign up after the program runs out of money, you will receive your voucher if the program receives more funding. Older analog televisions will no longer work without a converter box after February 17. ". Read more of this story at Slashdot. Tue, 06 Jan 2009 16:46:00 GMT http://news.slashdot.org/article.pl?sid=09/01/06/164255&from=rss timothy tv 2009-01-06T16:46:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - U. S. stocks edged higher on Tuesday as investors bet on strength in the tech sector despite data on slumping factory orders and the lowest pending home sales in at least seven years that spurred concerns about the economy. Tue, 06 Jan 2009 16:34:50 GMT nm/20090106/us_markets_stocks 2009-01-06T16:34:50Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090106/ap_on_go_co/senate_burris AP - Roland Burris announced Tuesday he was rejected for Barack Obama's Senate seat, in a bizarre rainy-day scene on the Capitol grounds as lawmakers awaited the gaveling of the 111th Congress into session. Tue, 06 Jan 2009 16:29:25 GMT ap/20090106/senate_burris 2009-01-06T16:29:25Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_usa_economy_housing Reuters - Pending sales of existing U. S. homes dropped to a seven-year low in November, data showed on Tuesday, as rising job losses and a deepening economic recession kept potential house buyers on the sidelines. Tue, 06 Jan 2009 16:27:17 GMT nm/20090106/us_usa_economy_housing 2009-01-06T16:27:17Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090106/ap_on_go_ca_st_pe/rice_un_mideast AP - Secretary of State Condoleezza Rice is traveling to New York Tuesday to meet with Arab ministers and lobby for a U. S. -backed cease-fire plan for Gaza, a senior State Department official said. Tue, 06 Jan 2009 15:38:59 GMT ap/20090106/rice_un_mideast 2009-01-06T15:38:59Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_usa_economy_factory Reuters - New orders received by U. S. factories plunged a much-greater-than-expected 4. 6 percent in November, the fourth straight monthly decline and a sign the sharp drop in manufacturing is deepening the recession, a government report showed on Tuesday. Tue, 06 Jan 2009 15:32:00 GMT nm/20090106/us_usa_economy_factory 2009-01-06T15:32:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_usa_economy_housing Reuters - Pending sales of existing U. S. homes plunged to a seven-year low in November, data showed on Tuesday, as mounting job losses and a deepening economic recession kept potential house buyers on the sidelines. Tue, 06 Jan 2009 15:20:21 GMT nm/20090106/us_usa_economy_housing 2009-01-06T15:20:21Z http://feedproxy.google.com/~r/latimes/business/~3/p1e18V0NrLw/la-fi-econ7-2009jan07,0,1993471.story WASHINGTON -- A private research group says the U. S. services sector contracted at a slower pace in December as new orders and employment improved. Tue, 6 Jan 2009 07:20:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/p1e18V0NrLw/la-fi-econ7-2009jan07,0,1993471.story 2009-01-06T15:20:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Stocks opened higher on Tuesday as rising oil prices boosted energy shares and investors awaited factory and services data for a fresh snapshot of the recession-hit economy. Tue, 06 Jan 2009 14:49:21 GMT nm/20090106/us_markets_stocks 2009-01-06T14:49:21Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090106/ap_on_go_ca_st_pe/rice_un_mideast AP - State Department officials say Secretary of State Condoleezza Rice is traveling to New York Tuesday to meet with Arab ministers and lobby for a U. S. -backed cease-fire plan for Gaza. Tue, 06 Jan 2009 14:40:46 GMT ap/20090106/rice_un_mideast 2009-01-06T14:40:46Z http://feedproxy.google.com/~r/slate-101526/~3/5YSV-vV-5iA/ Washington officials can't say for sure how many people are coming to town for Barack Obama's inauguration. Estimates have ranged from 2 million to 4 million. Perhaps the confusion lies in figuring out how many are coming to see his swearing-in and how many are lining up to get their share of the coming stimulus package. [ more . ] . politics Tue, 6 Jan 2009 07:42:24 EST http://www.slate.com/id/2207790/?from=rss John Dickerson 2009-01-06T12:42:24Z http://feedproxy.google.com/~r/chicagotribune/business/~3/1xOrlSma7AE/sns-ap-wall-street,0,4187589.story NEW YORK (AP) — Wall Street headed for a moderately higher open Tuesday, regaining its upward momentum ahead of a fresh round of readings on the service sector, factory orders and pending home sales. Tue, 6 Jan 2009 06:15:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/1xOrlSma7AE/sns-ap-wall-street,0,4187589.story 2009-01-06T12:15:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_toyota Reuters - Toyota Motor Corp (7203. T) is to halt production at its Japanese plants for 11 days in February and March as a sharp slide in U. S. sales has left dealers' lots full of unsold cars. Tue, 06 Jan 2009 10:43:37 GMT nm/20090106/us_toyota 2009-01-06T10:43:37Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_stocks Reuters - Stock futures pointed to a firmer Wall Street start on Tuesday, with futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 up 0. 4 to 0. 5 percent at 5:20 a. m. EST. Tue, 06 Jan 2009 10:41:58 GMT nm/20090106/us_markets_stocks 2009-01-06T10:41:58Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_usa_retail_sales Reuters - Deep discounts failed to coax consumers to shop in December, but are sure to sap margins and will likely lead to a number of profit warnings when retailers report sales for the all-important holiday month this week. Tue, 06 Jan 2009 08:54:24 GMT nm/20090106/us_usa_retail_sales 2009-01-06T08:54:24Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090106/ap_on_go_co/senate_burris AP - Although he calls himself a senator, Roland Burris has found little support among fellow Democrats in his effort to take the Senate seat to which embattled Illinois Gov. Rod Blagojevich appointed him. Tue, 06 Jan 2009 08:04:14 GMT ap/20090106/senate_burris 2009-01-06T08:04:14Z http://feedproxy.google.com/~r/latimes/business/~3/1RMklHEZpHc/la-fi-whitman6-2009jan06,0,5142789.story Her resignation from the boards of EBay, Procter & Gamble and DreamWorks SKG fuels speculation that she's planning a run for California governor. Meg Whitman, the former chief executive of EBay Inc. , has resigned from the board of directors of the online auction company and two other corporations, fueling speculation that she is preparing for a 2010 run for California governor. Tue, 6 Jan 2009 00:00:00 -0800 http://feedproxy.google.com/~r/latimes/business/~3/1RMklHEZpHc/la-fi-whitman6-2009jan06,0,5142789.story 2009-01-06T08:00:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_markets_global Reuters - Asian stocks inched higher for a seventh day on Tuesday on hopes for a global economic recovery later in 2009, but the yen's gains against high-yielding currencies suggested scope for optimism was limited. Tue, 06 Jan 2009 07:37:52 GMT nm/20090106/us_markets_global 2009-01-06T07:37:52Z http://feedproxy.google.com/~r/latimes/business/~3/pouKWxgXV0E/la-fi-jobs6-2009jan06,0,1988877.story The cancer survivor tells worried fans and investors that a hormone imbalance has caused his weight loss. Apple Inc. Chief Executive Steve Jobs broke with his usual code of secrecy Monday to explain his health problems, but the disclosure that a hormone imbalance was causing his noticeable weight loss will probably do little to tamp down concerns. Tue, 06 Jan 2009 02:03:08 EST http://feedproxy.google.com/~r/latimes/business/~3/pouKWxgXV0E/la-fi-jobs6-2009jan06,0,1988877.story 2009-01-06T07:03:08Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/Gooy8dL1k14/idUSTRE5020XL20090106 WASHINGTON (Reuters) - The new U. S. Congress convenes on Tuesday under pressure to deal with a worsening economy by passing a stimulus package that Barack Obama could sign into law soon after being sworn in as president. politicsNews Tue, 06 Jan 2009 01:18:23 -0500 USTRE5020XL20090106 2009-01-06T06:18:23Z http://feedproxy.google.com/~r/chicagotribune/business/~3/zo9DJvEAnKM/chi-tue-cubs-bidsjan06,0,7824205.story Tribune Co. could announce winner in week to 10 days . Tribune Co. , owner of the Chicago Cubs , is close to selecting a winning bid for the team from three finalists, according to people familiar with the sales talks. Tue, 6 Jan 2009 00:00:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/zo9DJvEAnKM/chi-tue-cubs-bidsjan06,0,7824205.story 2009-01-06T06:00:00Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/ehO3WCTgXRw/SB123120545511856037.html Two leading candidates to succeed Morgan Stanley CEO John Mack represent two distinct visions of what the battered firm may eventually become. Mon, 05 Jan 2009 23:44:28 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/ehO3WCTgXRw/SB123120545511856037.html 2009-01-06T04:44:28Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/GbT8k2TvbQA/idUSN0434631820090106 WASHINGTON (Reuters) - With the economic outlook darkening, U. S. President-elect Democrat Barack Obama went to Congress two weeks before taking office to try to entice Republican support for a massive stimulus package with talk of big tax cuts. politicsNews Mon, 05 Jan 2009 21:37:33 -0500 USN0434631820090106 2009-01-06T02:37:33Z http://www.nytimes.com/2009/01/06/business/06madoff.html?partner=rss&emc=rss Bernard L. Madoff tried to hide at least $1 million in assets from investigators, prosecutors told a judge. Madoff, Bernard L Securities and Exchange Commission Regulation and Deregulation of Industry House of Representatives Frauds and Swindling Ponzi Schemes Tue, 06 Jan 2009 02:34:42 GMT http://www.nytimes.com/2009/01/06/business/06madoff.html 2009-01-06T02:34:42Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_madoff Reuters - U. S. prosecutors asked a judge to jail accused swindler Bernard Madoff on Monday, saying he sent jewelry and other items worth more than $1 million to family and friends in violation of his bail. Tue, 06 Jan 2009 00:55:39 GMT nm/20090106/us_madoff 2009-01-06T00:55:39Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090106/bs_nm/us_autosales Reuters - U. S. auto sales plunged by 36 percent in December led by outsized declines at Chrysler LLC, Hyundai Motor (005380. KS) and Toyota Motor Corp(7203. T) as the battered industry closed out its weakest year since 1992 in its largest single market. Tue, 06 Jan 2009 00:52:45 GMT nm/20090106/us_autosales 2009-01-06T00:52:45Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/GbT8k2TvbQA/idUSN0434631820090106 WASHINGTON (Reuters) - With the economic outlook darkening, U. S. president-elect Democrat Barack Obama went to Congress two weeks before taking office to try to entice Republican support for a massive stimulus package with talk of big tax cuts. politicsNews Mon, 05 Jan 2009 19:44:58 -0500 USN0434631820090106 2009-01-06T00:44:58Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/K0dnBzr9i_o/SB123120067422055613.html A pair of deals by investor George Kaiser may signal smart money's return, albeit cautiously, to energy firms. Mon, 05 Jan 2009 19:14:56 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/K0dnBzr9i_o/SB123120067422055613.html 2009-01-06T00:14:56Z http://feedproxy.google.com/~r/chicagotribune/business/~3/ug8G7qO5s1U/sns-ap-auto-sales,0,4255364.story DETROIT (AP) — Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U. S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2. 9 million vehicles from 2007. Mon, 5 Jan 2009 18:04:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/ug8G7qO5s1U/sns-ap-auto-sales,0,4255364.story 2009-01-06T00:04:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/pl_nm/us_usa_financial_bankruptcy Reuters - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year. Mon, 05 Jan 2009 23:53:01 GMT nm/20090105/us_usa_financial_bankruptcy 2009-01-05T23:53:01Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/N0ThuV9Nu-Y/idUSTRE5044JS20090105 WASHINGTON (Reuters) - President-elect Barack Obama has chosen former White House chief of staff Leon Panetta to lead the CIA, which has been widely criticized for harsh interrogation of terrorism suspects, Democratic officials said on Monday. politicsNews Mon, 05 Jan 2009 18:17:27 -0500 USTRE5044JS20090105 2009-01-05T23:17:27Z http://feedproxy.google.com/~r/chicagotribune/business/~3/GXHNNnXtRaQ/chi-united-december-traffic-jan5,0,5621574.story United Airlines' December traffic dropped 11. 5 percent, as business and consumer air travel weakened in response to a softening economy and rising fares. Mon, 5 Jan 2009 17:02:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/GXHNNnXtRaQ/chi-united-december-traffic-jan5,0,5621574.story 2009-01-05T23:02:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_usa_fed_mbs Reuters - The Federal Reserve on Monday kick-started its latest unconventional program to boost the moribund economy, this time taking aim at the heart of the slumping housing market. Mon, 05 Jan 2009 22:21:54 GMT nm/20090105/us_usa_fed_mbs 2009-01-05T22:21:54Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Dn2tPsUNm70/SB123119085606554953.html Prosecutors asked that Madoff be detained after he and his wife sent watches, jewelry and other heirlooms to his brother, his sons and a couple in Florida. Mon, 05 Jan 2009 17:02:46 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Dn2tPsUNm70/SB123119085606554953.html 2009-01-05T22:02:46Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_gecc_bonds_sale Reuters - General Electric Co's finance arm on Monday launched a $10 billion sale of FDIC-backed debt, the largest sale under the government guarantee program since its inception last November. Mon, 05 Jan 2009 21:53:18 GMT nm/20090105/us_gecc_bonds_sale 2009-01-05T21:53:18Z http://feedproxy.google.com/~r/chicagotribune/business/~3/Mq_ZnDfTX-Y/chi-midway-games-jan5,0,4938323.story Creditors holding $75 million in Midway Games bonds have agreed to give the Chicago-based video game publisher some breathing room as the company struggles with its debt load. Mon, 5 Jan 2009 15:52:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/Mq_ZnDfTX-Y/chi-midway-games-jan5,0,4938323.story 2009-01-05T21:52:00Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_markets_stocks Reuters - Stocks fell on Monday as investors booked profits after last week's run-up, while concerns about slowing cell phone sales hit shares of the biggest telecommunications companies. Mon, 05 Jan 2009 21:34:12 GMT nm/20090105/us_markets_stocks 2009-01-05T21:34:12Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090105/ap_on_go_pr_wh/obama_congress AP - President-elect Barack Obama declared the national economy was "bad and getting worse" Monday as he began crisis talks with congressional leaders on emergency action. He predicted lawmakers would approve hundreds of billions of dollars in new spending and tax cuts within two weeks of his taking office. Mon, 05 Jan 2009 21:27:50 GMT ap/20090105/obama_congress 2009-01-05T21:27:50Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090105/ap_on_el_gu/california_governor_s_race AP - Former eBay Inc. chief executive Meg Whitman has edged closer to a potential run for office in California, with a spokesman confirming on Monday that she has resigned from three corporate boards. Mon, 05 Jan 2009 21:27:04 GMT ap/20090105/california_governor_s_race 2009-01-05T21:27:04Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Gz52klw40EY/SB123118320006554629.html The SEC's top watchdog said the regulatory system "failed miserably" in the Madoff case and called for a major agency overhaul during a House hearing. Free Mon, 05 Jan 2009 16:17:39 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Gz52klw40EY/SB123118320006554629.html 2009-01-05T21:17:39Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_autosales Reuters - Major automakers reported U. S. sales in December that plunged by more than a third, closing out the weakest year for the battered industry in over a decade and a half in its largest single market. Mon, 05 Jan 2009 21:16:11 GMT nm/20090105/us_autosales 2009-01-05T21:16:11Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/LgchIOpqZrU/SB123115607712053579.html The Dow industrials fell 81. 80 points, or 0. 9%, to 8952. 89 as economic worries persisted. Verizon and AT&T fell after a downgrade and bank stocks dropped. Free Mon, 05 Jan 2009 16:12:53 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/LgchIOpqZrU/SB123115607712053579.html 2009-01-05T21:12:53Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_markets_stocks Reuters - Stocks fell on Monday as investors booked profits after last week's run-up, while concerns about slowing cell phone sales hit shares of the biggest telecommunications companies. Mon, 05 Jan 2009 21:12:04 GMT nm/20090105/us_markets_stocks 2009-01-05T21:12:04Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_madoff_bail Reuters - U. S. prosecutors asked a judge to revoke the bail terms for alleged swindler Bernard Madoff and detain him on Monday, claiming he was a flight risk. Mon, 05 Jan 2009 21:11:33 GMT nm/20090105/us_madoff_bail 2009-01-05T21:11:33Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090105/ap_on_el_se/minnesota_senate AP - A Minnesota board on Monday certified results showing Democrat Al Franken winning the state's U. S. Senate recount over Republican Norm Coleman, whose lawyer promised a legal challenge that will keep the race in limbo for weeks. The Canvassing Board's declaration started a seven-day clock for Coleman, the incumbent, to file a lawsuit protesting the result. His attorney Tony Trimble said the challenge will be filed within 24 hours. Mon, 05 Jan 2009 21:10:00 GMT ap/20090105/minnesota_senate 2009-01-05T21:10:00Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/ap/20090105/ap_on_go_co/house_madoff AP - Republican and Democratic House members said Monday that the alleged $50 billion fraud involving Wall Street figure Bernard Madoff reflects deep, systemic problems at the Securities and Exchange Commission. Mon, 05 Jan 2009 21:06:14 GMT ap/20090105/house_madoff 2009-01-05T21:06:14Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/xVv9agQUkN4/SB123118518780954725.html HSBC aims to increase its Vietnam branches to 10 this year from two now, and is looking at Laos and Cambodia. Mon, 05 Jan 2009 15:56:09 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/xVv9agQUkN4/SB123118518780954725.html 2009-01-05T20:56:09Z http://feedproxy.google.com/~r/chicagotribune/business/~3/suzXD7j9s04/sns-ap-new-york-times-ads,0,2107798.story NEW YORK (AP) — The New York Times, facing falling ad revenue like other newspapers, became the latest paper Monday to run graphical advertising on its front page. Mon, 5 Jan 2009 14:52:00 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/suzXD7j9s04/sns-ap-new-york-times-ads,0,2107798.story 2009-01-05T20:52:00Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/pVotRbx1wKs/idUSN0434631820090105 WASHINGTON (Reuters) - President-elect Barack Obama pressed congressional leaders on Monday to pass his huge spending and tax-cut package amid signs the centerpiece of his economic stimulus plan may face delays. politicsNews Mon, 05 Jan 2009 15:49:19 -0500 USN0434631820090105 2009-01-05T20:49:19Z http://us.rd.yahoo.com/dailynews/rss/elections/*http://news.yahoo.com/s/politico/20090105/pl_politico/27756 Politico - Al Franken was declared the winner over Sen. Norm Coleman (R-Minn. ) in the Minnesota Senate race, but the Coleman campaign has announced it will be contesting the results in a post-election challenge. Mon, 05 Jan 2009 20:40:00 GMT politico/20090105/27756 2009-01-05T20:40:00Z http://dealbook.blogs.nytimes.com/2009/01/05/live-blogging-the-house-hearing-on-madoff/index.html?partner=rss&emc=rss House members are seeking answers as to how Bernard L. Madoff was able to hide his alleged Ponzi scheme. Mon, 05 Jan 2009 20:33:15 GMT http://dealbook.blogs.nytimes.com/2009/01/05/live-blogging-the-house-hearing-on-madoff/index.html 2009-01-05T20:33:15Z http://dealbook.blogs.nytimes.com/2009/01/05/madoff-trustee-mails-out-8000-claims-forms/index.html?partner=rss&emc=rss The trustee overseeing Bernard L. Madoff's firm has sent the forms to customers seeking to recover collectively billions from the money manager's alleged Ponzi scheme. Mon, 05 Jan 2009 20:33:14 GMT http://dealbook.blogs.nytimes.com/2009/01/05/madoff-trustee-mails-out-8000-claims-forms/index.html 2009-01-05T20:33:14Z http://www.nytimes.com/2009/01/06/business/06auto.html?partner=rss&emc=rss Sales fell 37 percent at Toyota, 35 percent at Honda and 32 percent at the Ford. G. M. and Nissan reported 31 percent declines over December a year ago. Automobiles Sales Ford Motor Co|F|NYSE Subprime Mortgage Crisis Mon, 05 Jan 2009 20:27:19 GMT http://www.nytimes.com/2009/01/06/business/06auto.html 2009-01-05T20:27:19Z http://www.nytimes.com/2009/01/06/business/06markets.html?partner=rss&emc=rss After three sessions of gains that fueled hopes for a January rebound, Wall Street fell as car companies released December sales and oil prices clawed back from five-year lows. Stocks and Bonds Mon, 05 Jan 2009 20:24:20 GMT http://www.nytimes.com/2009/01/06/business/06markets.html 2009-01-05T20:24:20Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_autosales Reuters - Chrysler says U. S. sales fall 53 percent in December from year earlier. Mon, 05 Jan 2009 20:21:20 GMT nm/20090105/us_autosales 2009-01-05T20:21:20Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_markets_stocks Reuters - Stocks fell on Monday as investors booked profits after last week's run-up, while analyst concerns about slowing wireless growth in 2009 weighed on large telecom and cable companies. Mon, 05 Jan 2009 20:17:52 GMT nm/20090105/us_markets_stocks 2009-01-05T20:17:52Z http://www.nytimes.com/2009/01/06/business/worldbusiness/06plate.html?partner=rss&emc=rss The 250-year old Irish maker of luxury crystal and ceramics said its main businesses were placed into receivership after it failed to find a buyer. Waterford Wedgwood Executives and Management Mon, 05 Jan 2009 20:16:29 GMT http://www.nytimes.com/2009/01/06/business/worldbusiness/06plate.html 2009-01-05T20:16:29Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/N0ThuV9Nu-Y/idUSTRE5044JS20090105 WASHINGTON (Reuters) - President-elect Barack Obama has chosen Leon Panetta, who was White House chief of staff for President Bill Clinton, to lead the CIA, Democratic officials said on Monday. politicsNews Mon, 05 Jan 2009 15:12:12 -0500 USTRE5044JS20090105 2009-01-05T20:12:12Z http://feedproxy.google.com/~r/chicagotribune/business/~3/v8VpQ8eKswY/chi-biz-obama-tax-cut-link,0,410757.storylink Mon, 5 Jan 2009 14:08:50 -0600 http://feedproxy.google.com/~r/chicagotribune/business/~3/v8VpQ8eKswY/chi-biz-obama-tax-cut-link,0,410757.storylink 2009-01-05T20:08:50Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/LgchIOpqZrU/SB123115607712053579.html Stocks fell after auto sales came in better than expected but economic worries persisted. Verizon and AT&T were under pressure after a downgrade. Free Mon, 05 Jan 2009 15:08:19 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/LgchIOpqZrU/SB123115607712053579.html 2009-01-05T20:08:19Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Gz52klw40EY/SB123118320006554629.html The SEC's top watchdog said the regulatory system "failed miserably" in the Madoff case and called for a major agency overhaul, during a House hearing. Free Mon, 05 Jan 2009 15:07:04 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/Gz52klw40EY/SB123118320006554629.html 2009-01-05T20:07:04Z http://www.nytimes.com/2009/01/06/business/media/06borders.html?partner=rss&emc=rss The book retailer said that George L. Jones would be succeeded by Ron Marshall, a private equity executive with experience turning around ailing companies. Jones, George L Borders Group Incorporated (MI)|BGP|NYSE Marshall, Ron Appointments and Executive Changes Mon, 05 Jan 2009 20:06:21 GMT http://www.nytimes.com/2009/01/06/business/media/06borders.html 2009-01-05T20:06:21Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/P2IiOEvrEBQ/SB123116899078453931.html GM, Toyota and Ford all reported U. S. sales declines of more than 30% for December, capping off a dismal year for the auto industry. Free Mon, 05 Jan 2009 15:02:40 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/P2IiOEvrEBQ/SB123116899078453931.html 2009-01-05T20:02:40Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20090105/ap_on_bi_ge/fed_mortgage_securities AP - The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. Mon, 05 Jan 2009 19:58:47 GMT ap/20090105/fed_mortgage_securities 2009-01-05T19:58:47Z http://www.nytimes.com/2009/01/06/technology/companies/06apple.html?partner=rss&emc=rss Steven P. Jobs said that he was being treated for a hormone imbalance but would remain in his job. Jobs, Steven P Apple Inc|AAPL|NASDAQ Medicine and Health Hormones Mon, 05 Jan 2009 19:54:37 GMT http://www.nytimes.com/2009/01/06/technology/companies/06apple.html 2009-01-05T19:54:37Z http://feeds.reuters.com/~r/Reuters/PoliticsNews/~3/7UFKFCuzIUY/idUSTRE5020XL20090105 WASHINGTON (Reuters) - President-elect Barack Obama, seeking to drum up support from both political parties, plans to propose up to $310 billion in tax cuts for businesses and the middle class as part of his massive economic stimulus package, senior Democratic aides said on Sunday. politicsNews Mon, 05 Jan 2009 14:43:17 -0500 USTRE5020XL20090105 2009-01-05T19:43:17Z http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/P2YpEu2KuZA/SB123118380273854667.html China Investment Corp. has been adjusting its investment plan since September and has slowed its investments, amid a worsening global economy. Mon, 05 Jan 2009 14:35:05 EST http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7031/~3/P2YpEu2KuZA/SB123118380273854667.html 2009-01-05T19:35:05Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_madoff_bail Reuters - A new bail hearing was set for Monday in the Bernard Madoff case, according to a source, with the accused swindler showing up at the courthouse. Mon, 05 Jan 2009 19:31:47 GMT nm/20090105/us_madoff_bail 2009-01-05T19:31:47Z http://www.nytimes.com/2009/01/06/world/asia/06pornography.html?partner=rss&emc=rss The Ministry of Public Security and six other agencies would work together "to purify the Internet's cultural environment," the government said in a statement. Computers and the Internet Google Inc|GOOG|NASDAQ China Pornography and Obscenity Regulation and Deregulation of Industry Censorship Mon, 05 Jan 2009 19:08:39 GMT http://www.nytimes.com/2009/01/06/world/asia/06pornography.html 2009-01-05T19:08:39Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_autosales Reuters - Ford Motor Co said on Monday its U. S. auto sales fell 32. 4 percent in December, including all of its brands, as the U. S. auto industry suffered pressure from the downturn in the U. S. economy. Mon, 05 Jan 2009 18:33:22 GMT nm/20090105/us_autosales 2009-01-05T18:33:22Z http://www.nytimes.com/2009/01/06/business/economy/06feds.html?partner=rss&emc=rss The program is aimed at driving down the price of mortgages and making home loans more available. Mortgages Credit Subprime Mortgage Crisis Federal Reserve Bank of New York Mon, 05 Jan 2009 18:31:20 GMT http://www.nytimes.com/2009/01/06/business/economy/06feds.html 2009-01-05T18:31:20Z http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090105/bs_nm/us_markets_stocks Reuters - Stocks slipped on Monday as investors took profits from the strong gains of last week, while concerns about slowing wireless growth in 2009 weighed on large telecom and cable companies. Mon, 05 Jan 2009 18:20:47 GMT nm/20090105/us_markets_stocks 2009-01-05T18:20:47Z