NEW YORK – Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week. ... NEW YORK – Wall...
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Advanced Micro Devices will reveal a broad cost-cutting plan this morning that includes spinning off its manufacturing operations to a new joint venture largely funded by Abu Dhabi investment companies. It's a bold move for the...
Posted to the web 7 October 2008 Macharia Gaitho Nairobi Kenya's ambassador to Washington Ogingo Ogego must start earning his pay. He seems to have softened up since, and he must immediately head to the White House and demand...
Posted to the web 7 October 2008 Johannesburg THE thing about banks is they take a very small amount of capital and leverage it up tenfold or more, to a very large amount of lending. They borrow short and lend long. They do...
By GEORGE MEYER and BRETT HULSEY We are supporting Alliant Energy Corp.’s proposal to clean up an old power plant and add new hybrid capacity in Cassville, about 100 miles west of Madison. There are good reasons to do this: It...