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Healthcare Headlines |
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Reuters: Business News
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Wall Street futures shoot up
(Reuters) - Stock futures pointed to a rebound on Friday after sharp losses in the previous session. Dow Jones futures were up 3.9 percent, S&P 500 futures were up 4.5 percent and Nasdaq futures were up 3.9 percent at 5:03 a.m. EST.
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Democrats demand Big 3 offer survival plan
WASHINGTON (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.
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Citigroup eyes options including merger
NEW YORK (Reuters) - Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor.
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Fannie Mae, Freddie Mac suspend some foreclosures
NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the two biggest U.S. home loan finance companies, on Thursday said they would suspend foreclosures of occupied homes until early 2009, as the government moves to stem the tide of home losses plaguing the economy.
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Honda to cut more production
TOKYO (Reuters) - Honda Motor Co said it would build fewer cars in Japan, Europe and North America to reflect an increasingly bleak outlook for sales as the global economic crisis discourages big-ticket purchases.
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Dell sees China sales down
BEIJING (Reuters) - Dell Inc's sales in China slowed last quarter, but Beijing's economic stimulus measures are likely to boost technology spending, the world's No. 2 personal computer maker said on Friday.
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Oil rises towards $50
LONDON (Reuters) - Oil rose toward $50 a barrel on Friday, rebounding from a three and half year low and buoyed by rallies in Europe and Asian equities on talk that China may cut interest rates later in the day.
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Central bankers wary of deflation
LONDON (Reuters) - Euro zone demand is plunging and price pressures vanishing, business surveys showed on Friday, while central bankers weighed the prospect of deflation.
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Former union chief could lead FAA: paper
BANGALORE (Reuters) - A onetime union leader is a top contender to head the U.S. Federal Aviation Administration, the Wall Street Journal said, citing people close to President-elect Barack Obama's transition team.
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Fed's Bullard: U.S. deflation an issue Fed must face
EVANSVILLE, Indiana (Reuters) - Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday.
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