Sharp Drop in Jobs Adds to Grim Economic Picture
New York Times - WASHINGTON — The worst fears of consumers, investors and Washington officials were confirmed on Friday, as deepening paralysis on Wall Street collided with stark new evidence of falling employment and a likely recession. In a report that was far

Taipei shares open lower on Wall St tumble
Forbes - TAIPEI (XFN-ASIA) - Share prices opened lower after Wall Street fell sharply overnight on worsening credit market problems and a surge in US home foreclosures, dealers said. At 9.04 am, the weighted index was down 82.38 points or 0.95 pct at 8,576.26

Hong Kong shares lower on Wall St fall, China worries; Sun Hung Kai
Forbes - HONG KONG (XFN-ASIA) - Share prices were sharply lower midmorning after Wall Street tumbled overnight amid renewed concerns over credit markets and a spike in US home foreclosures. China stocks were down on worries over possible new credit tightening

Onset of recession adds new fears to White House race
Guardian Unlimited - It prompted a continuation of a sell off on Wall Street. The Dow lost more than 370 points throughout last week. Another measurement of the stock market - Standard and Poor’s 500 stock index - has now got off to its worse begin to a year since 1933.

Hillary sets her sights on three ways to win
Times Online - Karl Rove, former adviser to President George W Bush, observed in The Wall Street Journal: “The interesting intellectual phenomenon is the emergence of the ‘McCainicrats’ – Democrats backing McCain

Whole Foods faces some shareholder dissent at annual meeting
Austin American-Statesman - The annual shareholder meeting of Whole Foods Market Inc., held Monday in Austin, is normally a celebratory affair. But this year the tone could be more somber. The company’s shares, once popular on Wall Street, are trading near their four-year lows

Singapore shares sharply lower at midday as credit woes hit Wall
Forbes - SINGAPORE (Thomson Financial) - Singapore shares were sharply lower at midday on Friday as investors dumped shares after Wall Street’s sharp decline overnight following more bad news from the credit and housing markets. The Dow Jones Industrials slid

Banks face “systemic margin call,” $325 billion hit: JPM
MSN MoneyCentral - NEW YORK (Reuters) - Wall Street banks are facing a “systemic margin call” that may deplete banks of $325 billion of capital due to deteriorating subprime U.S. mortgages, JPMorgan Chase & Co , stated in a report late on Friday. JPMorgan, which sent a

Lat Am nations end crisis with a handshake
Gulf Times - Friday’s outcome confirmed predictions from the Pentagon to Wall Street that the dispute wouldn’t escalate into the first military conflict between countries in the region since Peru and Ecuador fought briefly over their border more than a decade

Carlyle Capital Aims to Halt a Meltdown
Wall Street Journal - Conditions at Carlyle Capital Corp. had become so dire Thursday that Carlyle Group co-founder David Rubenstein raced back to Washington, D.C., that night from a Wall Street confab at the swank Deer Valley, Utah, ski resort. Stepping off his

Profile: Vikram Pandit
Guardian Unlimited - But over the past week, Wall Street has succumbed to seemingly irredeemable pessimism over the prospects of the large firm and the 51-year-old executive’s commitment to making the changes it needs to survive.

Giving Murdoch a run for his money
The Independent - Last summer, when the Bancroft family decided to sell The Wall Street Journal, there were many at the Financial Times who prayed they would not do a deal with Rupert Murdoch. Pairing the prestigious 118-year-old WSJ with News Corporation’s global

Fat-cat failures blame the press
Times On the internet - Fat-cat failures blame the press Wall Street REMEMBER when people used to blame the parents? Or “society”? These days it’s the media what’s to blame.

Mortgage woes, economic worry sink Wall Street
Reuters - NEW YORK (Reuters) - Stocks tumbled on Thursday after a series of fresh jolts to credit markets and lackluster retail sales compounded worries the economy is near recession, driving the benchmark Standard & Poor’s 500 down 2.2 percent to its lowest

Conflict is costing trillions – ‘they can explain the benefits’
The Independent - A review in the Financial Times by Tunku Varadarajan of The Wall Street Journal accuses Stiglitz of having “entered into territory where it is fraudulent to offer up the omniscient exactitude of three trillion”

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Fifth Third looks to grow advising
Cincinnati Enquirer - Fifth Third plans to offer more financial advice out of its Investment Advisors unit in 2008 as it looks to attract more clients with $1 million in assets. David Pittman, president of the unit, said he’s trying to focus the unit’s private bank on

Coming Week: Awaiting a Bottom
Street.Com - right now, and in very bad psychological shape, a good contrarian investor would look for a tiny more weakness to this market — below 1300 on the S&P 500, specifically — and then start adding to positions,” states Vinny Catalano , chief investment

University Of Bristol: Be part of the equation
HULIQ.com - Thanks to initial investment from the South West RDA and working in collaboration with a wide range of partners across the region, Science City Bristol will play a key role in the sustainable economic and social development of the city region over

The Stakes Have Never Been Higher
Middle East Online - In that speak I noted that, despite our deep investment and involvement in the Middle East, because we didn’t understand the region’s history or its requirements, and because our policy decisions were too often distorted by political considerations

Iraq’s parliament faces big challenges revisiting delayed laws
International Herald Tribune - A measure aimed at regulating foreign investment in Iraq’s underdeveloped oil sector, and distributing its revenues among the nation’s Sunni and Shiite Arab communities and the massive Kurdish minority, has been bogged down in parliament since February

Race to replace Hastert is in national spotlight
Chicago Tribune - The 14th District contest has been an expensive and negative battle between Oberweis, a 61-year-old investment manager and boutique dairy owner, and Foster, a 52-year-old retired Fermilab physicist who made his millions after starting a theater

Will you choose a cash Isa or a crash Isa?
This is Money - As long as you have opened your Isa this tax year and initiated the transfer process, it will be counted as a 2007/08 investment. More importantly, if you do not use your full cash Isa allowance of £3,000 this year, you will not be able to carry it

The Best Returns Possible
MSNBC - For example, the dividend-paying monster that is Johnson & Johnson has turned an initial investment of $25,000 into nearly $1.7 million over 30 years — through dividend reinvestment. That’s a return of more than 6,500%. By reinvesting the dividend

Minister Mackay Announces Federal Investments at Nova Scotia Small
Market Wire - Since February 2006, the permanent annual funding for the Small Craft Harbours program has been increased by $20 million, and in Budget 2008 we committed a further investment of $10 million over two years for fixes and environmental cleanup at

The brightest bulbs
Baltimore Sun - Watching football, raking leaves, carving pumpkins and planting bulbs are activities generally associated with fall. Spring is when those bulbs - daffodils and tulips - are supposed to reward that autumn investment with brilliant flowers. Lost in our

Costs, other concerns spark debate over requiring green power
Chicago Tribune - Jennifer Granholm says Michigan has the potential to become a regional manufacturer of wind-power components and is well-positioned to capture and produce wind energy, attracting $6 billion in investment and creating 17,000 jobs.

Baker Tilly adds to workforce
Edinburgh News - Elsewhere, the firm has Sheila Low, who boasts a long career in venture capital, investment management and corporate finance, as a business development director.

All Cleveland, Akron, Canton and Youngstown Area KeyBank Branches
MSN MoneyCentral - Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $100 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment

More Trouble at Carlyle Capital
Forbes - Securities have dropped sharply in current weeks as banks pull back on their lending, forcing investment automobiles and funds like Carlyle to dump assets.

The Ideal Investments Available to Ordinary Investors
Motley Fool - They give you nasty nicknames like “Joe Oddlot” and call you the dumb money in the market. They say they’re the sharks in the dangerous waters of the stock market and you’re their prey. Worst of all, they have the ability to scare you into paying exorbitant sums of

Redevelopment takes large step forward
El Paso Times - El Paso Mayor John Cook stated Foster’s project would “fit right in with the (city’s) Downtown plan,” which, he said, needs private investment to work.

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