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FINANCE
Today's Business Headlines
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Flip-flopping sentiment about the prospects for U.S. automakers battered stocks again Thursday as hopes rose then fell that lawmakers would soon put together an aid package for the companies. Stocks declined after a brief advance that came on hopes that Washington would agree to help Detroit's Big Three.
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Jarred by new jobless alarms, Congress rushed Thursday toward keeping unemployment checks flowing through the December holidays and into the new year for Americans whose benefits are running out.
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Hopes that lawmakers could extend relief to the troubled auto industry eased some of investors' worries about the economy Thursday. Stocks pulled off of steep losses but remained volatile after aides to a bipartisan group of senators said they have reached a compromise to funnel emergency loans to Detroit's car makers.
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In 2006, Alaska desperately needed cash to complete a museum featuring a mummified bison and other natural wonders of the frozen north. So the state dipped into its share of the landmark 1998 tobacco settlement.
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FINANCE VIDEOS - ASIA
Asia Shares Dip, Yen Up
Asian share markets eased Wednesday as yen strength and economic ...
Tokyo Dining Shines Despite Economy
Japan may be in recession, but Tokyo remains the world's best dining ...
Asian Banks Feel Citi Pain
Asian banks declined Tuesday, hit by Citigroup's drastic job cuts, ...
Yahoo CEO To Resign
Yahoo said Jerry Yang will step down as chief executive as soon as ...
FINANCE VIDEOS - EUROPE
A Surprise Offer For Troubled Opel
German solar company SolarWorld makes an offer to buy the factories ...
Barclays Moves To Stem Revolt
Barclays offers slice of capital injection and cancels bonuses after ...
Jobs, Business Data Bleak In Europe
Data out of Britain and France saw business sentiment down while ...
Europeans Turning Into "Connect-Aholics"
According to a new survey conducted for the chipmaker AMD by YouGov, ...
FINANCE VIDEOS - U.S.
Jobless Claims Jump to 16-year High
New claims for unemployment benefits jumped last week to a 16-year ...
The Future Of Healthcare
As the Obama administration takes shape, so do worries about how the ...
Senate Cancels Vote on Doomed Auto Bailout
The Senate's top Democrat called off a planned vote on a $25-billion ...
Stocks Plunge To 5-1/2 Yr Low
The Dow dropped below 9,000 for the first time since March 2003 as ...