2/19 washingtonpost.com - Business

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. washingtonpost.com - Business U.S. Stock Markets Close Flat February 18, 2009 at 4:39 pm U.S. stocks were flat today as the government reported more pessimistic economic news and President Obama outlined his plan to slow the wave of home foreclosures. Fed Downgrades Economic Outlook, Says Recovery to Be Slow February 18, 2009 at 3:07 pm The U.S. economy is not likely to rebound until the second half of this year, and even then, the recovery is likely to be "unusually gradual and prolonged," leaders of the Federal Reserve have concluded. Va. Consulting Firm BearingPoint Files for Bankruptcy February 18, 2009 at 2:45 pm BearingPoint, a McLean consultancy struggling under a heavy debt load, said today that it has filed for bankruptcy court protection as part of a plan to restructure its operations. Government Doubles Available Aid to Fannie and Freddie February 18, 2009 at 1:46 pm The federal government has doubled the size of its commitment to Fannie Mae and Freddie Mac, increasing the guarantee against losses on their mortgage investments to $400 billion. Pearlstein: Reconstructing the Auto Industry February 18, 2009 at 11:00 am The Washington Post's Steven Pearlstein will be online to discuss the restructuring of the auto industry. Obama to Unveil Foreclosure Prevention Program February 18, 2009 at 9:50 am President Obama will unveil today a $75 billion foreclosure prevention program, which the administration expects to reach up to 9 million homeowners. Swift, Steep Downturn Crosses Globe February 18, 2009 at 7:57 am NEW YORK, Feb. 17 -- Markets around the world plunged Tuesday as evidence mounted that the global economic crisis is worsening. GM, Chrysler Seek Billions More in Aid February 18, 2009 at 12:00 am General Motors and Chrysler, two flagships of traditional American manufacturing, reported yesterday that the decline of the U.S. economy has outpaced their bleakest expectations of just two months ago, forcing them to significantly boost their request for billions of dollars in government aid. Lending By Bailout Recipients Is Down February 18, 2009 at 12:00 am The largest U.S. banks reduced the availability of money for consumers and businesses during the final months of 2008 even as the government invested tens of billions of dollars to help them make new loans, according to data released yesterday by the Treasury Department. Budget Mire Forces Calif. Senate Lockdown February 18, 2009 at 12:00 am LOS ANGELES, Feb. 17 -- Locked inside the state Capitol until they pass a $42 billion package to fill a mammoth budget gap, California lawmakers carried sleeping bags and extra socks into the ornate Senate chamber Tuesday, settling in for a long stalemate in a state where political paralysis is... Detroit, Prepare For Big Changes February 18, 2009 at 12:00 am Only one thing lies at the end of the pothole-strewn road for America's automobile industry: smaller companies making fewer cars with fewer workers and dealers. Where Wall Street, Detroit Intersect February 18, 2009 at 12:00 am The Detroit autoworker and the Wall Street investment banker live in totally different economic realities -- or so it seems to just about everyone. Treasury's Auto Adviser Led Other Rescues February 18, 2009 at 12:00 am Algoma Steel was in trouble in the early 1990s. The company, which employed thousands of unionized workers in Sault Ste. Marie, just across the Canadian border from Michigan, was headed toward bankruptcy and needed a major restructuring to survive. Massive layoffs seemed inevitable. EPA May Reverse Bush, Limit Carbon Emissions From Coal-Fired Plants February 18, 2009 at 12:00 am The Environmental Protection Agency will reopen the possibility of regulating carbon dioxide emissions from coal-fired power plants, tossing aside a December Bush administration memorandum that declared that the agency would not limit the emissions. How Auto Restructuring Will Affect Consumers February 18, 2009 at 12:00 am General Motors and Chrysler delivered their plans for survival yesterday to the White House in order to receive billions of dollars in loans. Here are some answers to questions about how their restructuring could affect what's in your garage.   This email was sent to autoblogs077@gmail.com . Don't want to receive this feed any longer? Unsubscribe here.