Reuters - Deloitte LLP, the administrator of the retail and distribution businesses of British retailer Woolworths Group Plc , has received dozens of inquiries from companies and individuals for parts of the business, according to newspaper reports on Sunday.
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Bidders circle troubled Woolworths (Reuters)
Posted: November 30th, 2008, 9:11am EST
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Microsoft and Yahoo in talks again on online unit: report (Reuters)
Posted: November 30th, 2008, 6:28am EST
Reuters - Microsoft Inc is in talks with Yahoo Inc to buy the U.S. internet company's online search business for $20 billion, according to a report in Britain's Sunday Times.
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Stocks face dour jobs and retail data (Reuters)
Posted: November 29th, 2008, 5:49am EST
Reuters - Wall Street may struggle to build on its best week in almost 30 years next week, as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
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Rubin says not to blame for Citi's troubles: report (Reuters)
Posted: November 29th, 2008, 1:16am EST
Reuters - Former U.S. Treasury secretary Robert Rubin said the near-collapse of Citigroup Inc , where he is a senior counselor, was due to the buckling financial system and not his own mistakes, according to an interview published on The Wall Street Journal's website on Friday. -
General Motors eyes debt swap: report (Reuters)
Posted: November 29th, 2008, 1:16am EST
Reuters - General Motors Corp is pushing some bondholders to swap their debt for equity, as Chief Executive Rick Wagoner tries to keep the automaker out of a Chapter 11 bankruptcy that would likely cost him his job, The Wall Street Journal said late Friday, citing people familiar with the plan. -
U.S. shoppers seek deals, buy less on Black Friday (Reuters)
Posted: November 28th, 2008, 7:00pm EST
Reuters - The holiday shopping season got off to a slow start as consumers, squeezed by the economic crisis, bought carefully and said they would wait for better deals closer to Christmas.
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Slow London auctions suggest Russian art frenzy is over (AFP)
Posted: November 28th, 2008, 2:58pm EST
AFP - A disappointing week of Russian art sales here appears to have marked the end of a frenzied buying spree by collectors from the former Soviet Union, whose fortunes have diminished with the stock markets.
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JPMorgan retains WaMu branch staff (Reuters)
Posted: November 28th, 2008, 2:43pm EST
Reuters - JPMorgan Chase & Co , which bought the banking operations of Washington Mutual Inc in September, said on Friday it would retain most of the giant thrift's branch banking staff, but planned substantial job cuts at its former headquarters and elsewhere. -
Shoppers seek deals, buy less on Black Friday (Reuters)
Posted: November 28th, 2008, 2:35pm EST
Reuters - Shoppers headed to stores on Friday lured by promises of money-saving deals, but the annual kick-off to holiday sales appeared weaker this year and worries of a deep recession kept purchases down.
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Boeing engineers to decide on contract Monday (Reuters)
Posted: November 28th, 2008, 2:02pm EST
Reuters - The second-largest Boeing Co union will count votes on the latest contract offer from the plane maker on Monday.