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Bank of England, European Central Bank Make Aggressive Cuts in Key Interest Rates

The Bank of England cut interest rates to World War II levels and the European Central Bank made the deepest rate cut in its 10-year history, as Europe's two main central banks moved yesterday to combat a deepening economic downturn.

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05.12.2008 06:00:00 - washingtonpost.com - Business

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As Hearings Resume, UAW Offers Concessions

With new union concessions on the table and plans they say will restore the U.S. auto industry to viability, chief executives of the Big Three Detroit carmakers return to Capitol Hill today for two days of congressional hearings that could prove critical in their quest for tens of billions of dol...

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04.12.2008 15:46:52 - washingtonpost.com - Business

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UAW Offers Detroit Concessions

An angry Ron Gettelfinger, president of the United Auto Workers, said yesterday that his union was ready to make new concessions despite a landmark cost-cutting labor contract signed just last year, as he urged Congress and the Bush administration to step forward with a multibillion dollar rescue...

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04.12.2008 06:00:00 - washingtonpost.com - Business

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Markets Don't Make Bubbles, People Do

THE ASCENT OF MONEY A Financial History Of the World By Niall Ferguson

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30.11.2008 06:00:00 - washingtonpost.com - Business

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Nations Spend in Tandem To Stall Global Recession

In a bid to jump-start the beleaguered global economy, countries around the world are introducing massive public spending programs aimed at creating millions of jobs, boosting the use of green energy and modernizing infrastructure in a way that could transform urban and rural landscapes.

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29.11.2008 06:00:00 - washingtonpost.com - Business

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Bankruptcy Could Offer GM More Flexibility

General Motors insists that bankruptcy would be a catastrophic way to solve its cash problems, but that hasn't stopped analysts and bankers from speculating about how a restructuring might shake out.

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29.11.2008 06:00:00 - washingtonpost.com - Business

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Japan's Factory Output Plunges, Industrial Outlook Turns Grim

TOKYO, Nov. 28 -- Production at Japan's vital manufacturers is sinking fast -- and is projected to turn in its worst quarter ever -- as a plunge in global demand batters the core of the world's second-largest economy.

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29.11.2008 06:00:00 - washingtonpost.com - Business

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Britain Gets Majority Stake in Royal Scottish Bank

LONDON, Nov. 28 -- The British government will take over Royal Bank of Scotland Group with a majority stake of almost 60 percent after the shareholders of the nation's second-largest bank shunned an emergency share issue.

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29.11.2008 06:00:00 - washingtonpost.com - Business

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Wal-Market Worker Dies After Shoppers Knock Him Down

NEW YORK, Nov. 28 -- A Wal-Mart worker was killed Friday after "out-of-control" shoppers desperate for bargains broke down the doors at a 5 a.m. sale. Other workers were trampled as they tried to rescue the man, and customers shouted angrily and kept shopping when store officials said they were c...

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29.11.2008 06:00:00 - washingtonpost.com - Business

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Trace Levels of Melamine In Formula Called Safe

Federal health officials have changed their guidance on the health risks of melamine in infant formula, saying trace amounts of the industrial compound alone are not harmful.

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29.11.2008 06:00:00 - washingtonpost.com - Business

washingtonpost.com - Business

Bank of England, European Central Bank Make Aggressive Cuts in Key Interest Rates

As Hearings Resume, UAW Offers Concessions

UAW Offers Detroit Concessions

Markets Don't Make Bubbles, People Do

Nations Spend in Tandem To Stall Global Recession

Bankruptcy Could Offer GM More Flexibility

Japan's Factory Output Plunges, Industrial Outlook Turns Grim

Britain Gets Majority Stake in Royal Scottish Bank

Wal-Market Worker Dies After Shoppers Knock Him Down

Trace Levels of Melamine In Formula Called Safe

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