| GM, UAW talks resume as deadline looms
February 15, 2009 at 8:03 pm
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| DETROIT (Reuters) - Talks between General Motors Corp and the United Auto Workers resumed on Sunday, just two days before a deadline for the struggling automaker to submit a new restructuring plan to the U.S. government. |
| Japan Q4 GDP shrinks 3.3 percent
February 15, 2009 at 7:05 pm
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| TOKYO (Reuters) - Japan's economy shrank 3.3 percent in the fourth quarter, the biggest drop since 1974 and further confirmation that the world's second-biggest economy is in a severe recession as the global economic crisis deepens. |
| Johnson & Johnson atop Barron's best companies list
February 15, 2009 at 6:13 pm
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| NEW YORK (Reuters) - Healthcare and consumer giant Johnson & Johnson sits atop an annual list of global corporations held in highest esteem for the second year in a row, while General Electric Co has slipped well below the top five spot it held in past years. |
| Sony Ericsson unveils 2 phones, video service
February 15, 2009 at 4:34 pm
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| BARCELONA (Reuters) - Mobile phone maker Sony Ericsson on Sunday unveiled an 8 megapixel camera phone and unlimited movie download service for mobile phones. |
| Nokia's Ollila sees recession lasting 2-3 years
February 15, 2009 at 3:50 pm
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| HELSINKI (Reuters) - The global economic downturn will last some two to three years, and top mobile-phone maker Nokia may cut more jobs if conditions worsen, Board Chairman Jorma Ollila said on Sunday. |
| White House dampens stimulus expectations
February 15, 2009 at 3:17 pm
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| WASHINGTON (Reuters)- President Barack Obama's aides warned Americans on Sunday not to expect instant miracles from the $787 billion economic stimulus bill he will sign this week, but said it would help eventually. |
| White House urges concessions from all in auto talks
February 15, 2009 at 12:27 pm
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| WASHINGTON (Reuters) - Only concessions from all parties involved in talks to restructure the U.S. auto industry can help them emerge from their current crisis, a senior White House adviser said on Sunday. |
| Deere in the crosshairs as recession hits farmers
February 15, 2009 at 11:04 am
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| CHICAGO (Reuters) - Before the first biker ever tattooed a Harley-Davidson logo on his arm, before Apple ever inspired the first MacHead to swear she would never -- ever -- marry a Windows user, Deere & Co was creating one of the enduring corporate cults. |
| Obama to sign stimulus bill Tuesday
February 15, 2009 at 9:21 am
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| WASHINGTON (Reuters) - President Barack Obama will sign the $787 billion economic stimulus bill on Tuesday in Denver, a White House official said on Saturday. |
| GM, UAW talks break off and Chrysler talks stall
February 15, 2009 at 8:01 am
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| DETROIT (Reuters) - Talks between the United Auto Workers and General Motors Corp central to a turnaround plan for the struggling automaker have broken down over the issue of retiree healthcare costs, a person briefed on the talks said on Saturday. |
| HBOS whistleblower threatens more disclosure: report
February 15, 2009 at 7:49 am
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| LONDON (Reuters) - The whistleblower whose revelations about British bank HBOS led to the resignation of a top regulatory official said he had more evidence proving that the bank took excessive risks, a newspaper reported on Sunday. |
| Credit Suisse acts on U.S. offshore clients: report
February 15, 2009 at 6:30 am
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| ZURICH (Reuters) - Swiss bank Credit Suisse is taking steps to change its relationship with U.S. clients in view of new, stricter rules on the taxation of U.S. residents' assets abroad, Swiss paper Sonntag said on Sunday. |
| Stanford curtails financing amid probe: report
February 15, 2009 at 2:28 am
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| NEW YORK (Reuters) - Texas billionaire Allen Stanford's offshore bank, which is under federal investigation, recently curtailed financing commitments to two small firms, The Wall Street Journal reported on its Web site on Saturday, citing regulatory filings. | | | 
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