The Canadian Press Business News Budget for Thursday, Oct. 9, 2008

Via Acquire Media NewsEdge) BUSINESS EDITORS: Here are Canadian Press Business budget lines as of 10 p.m. ET. Plans may change as circumstances warrant. Stories on the Economy will be highlighted on the General budget lines and move as: _ BC-Economy-Flaherty, 6th Writethru. Moves General (G) and Business (B) _ BC-Economy-Banks. Moves General (G) and Business (B) _ BC-Economy-Pensions. Moves General (G) and Business (B) OTHER FINANCIAL MELTDOWN WASHINGTON _ News that the Bush administration is considering taking part ownership in a number of U.S. banks helped restore a relative calm over global financial markets Thursday. The aim of such a move would be to thaw the lending freeze that threatens to push the world's economy into recession. It comes after rampant fear about the global economy sent investors scurrying on Tuesday... [read full story]