Olympics 2008

Obama Makes $5 Mil Olympic Ad Buy
Jul 23, 2008 11:30PM

Senator Barack Obama's presidential campaign made a $5 million ad buy on NBC Universal during the Olympic coverage, which begins with opening ceremonies August 8, according to media reports. Read more

Fannie - Freddie

Rescue of mortgage giants could hit $25 billion
Jul 23, 2008 9:49AM

A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would tap the mortgage giants' profits to cover any losses from saving 400,000 homeowners from foreclosure. Read more

G8 Summit

G8 agree to fight climate change, lower emissions by 50 Pct
Jul 09, 2008 10:56AM

Leaders of the world's biggest economies closed the G-8 summit on Wednesday by saying they would fight global warming, but couldn't agree how and failed to convince big emerging economies that rich countries were doing enough. Read more

Anheuser - InBev Merger

Anheuser-Busch to keep sports marketing strong
Jul 17, 2008 6:15PM

Sports world, this Bud's still for you. Anheuser-Busch executives told The Associated Press in an interview Thursday that the beer maker will maintain its high level of sports marketing and sponsorship under new owner InBev. In fact, they said, spending could increase. Read more

Colombia

Paris concert presses for Colombia hostage release
Jul 20, 2008 4:23PM

Former hostage Ingrid Betancourt took the stage and shook her hips to a Colombian superstar's guitar riffs, leading the crowd in chants of "Freedom for all!" at a concert Sunday dedicated to captives held by Colombia's FARC rebel group. Read more

Zimbabwe Elections

Zimbabwe talks are starting at secret location
Jul 23, 2008 11:26AM

South Africa's presidential spokesman said Wednesday that power-sharing talks between Zimbabwe's ruling and opposition forces were under way at a secret location. Read more

Philippines

Philippines may raise interest rates
Jul 23, 2008 8:49AM

The Philippine central bank chief hinted Wednesday at further raising interest rates to control inflation, which has been driven to a 14-year-high by spiraling oil and food prices. Read more

Daimler AG

Germany's Daimler AG to help Iraqi reconstruction
Jul 23, 2008 1:59PM

Daimler AG signed a memorandum of understanding with the Iraqi government that could see the German vehicle maker supply buses, trucks and technological expertise in efforts to rebuild the country. Read more

Federal Reserve

Fed: Slower growth, rising prices slam economy
Jul 23, 2008 3:38PM

The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. The Fed's new snapshot of business conditions, released Wednesday, also underscored the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get the economy back on track. Read more

Goldman Sachs

Lakshmi Mittal joins Goldman Sachs board
Jun 29, 2008 3:14PM

Goldman Sachs Group Inc. said Sunday that billionaire steel magnate Lakshmi Mittal has been elected as an independent director at the world's largest investment bank. Read more

advertisement