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  1. VW to pay $11.28 billion for all of Porsche: report Reuters - Sat Jul 18, 7:43 AM ETSent 17 times

    FRANKFURT (Reuters) - Porsche SE's (PSHG_p.DE) controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.

  2. A general view of the Cit offices in New York, July 13, 2009. REUTERS/Brendan McDermid
    CIT talks to bondholders; bankruptcy still feared Reuters - Sat Jul 18, 9:22 AM ETSent 9 times

    NEW YORK (Reuters) - CIT Group Inc is in talks with a group of bondholders for $2 billion to $3 billion in rescue financing as it tries hard to avoid bankruptcy, a source close to the company said late on Friday.

  3. Regulators shut banks in Calif., Ga. and SD AP - Sat Jul 18, 2:36 AM ETSent 9 times

    WASHINGTON - Regulators on Friday shut two banks in California and two smaller banks in Georgia and South Dakota, boosting to 57 the number of federally insured banks to fail this year.

  4. How to Turn an Internship into a Job BusinessWeek Online - Fri Jul 17, 8:08 AM ETSent 8 times

    The heat is on for MBA and undergraduate business student interns in the summer of 2009. After clawing their way into coveted internship positions in one of the most competitive job markets in memory, the real fight for full-time job offers is happening now, halfway through their 10 or so weeks on the job.

  5. Report: Porsche near deal with VW AP - Sat Jul 18, 10:21 AM ETSent 6 times

    FRANKFURT - The struggle over control of Porsche, the heavily leveraged maker of world-class sports cars including the 911, appears to be coming to an end, according to media reports.

  6. Taxis pass the Bank of America branch in New York's Times Square June 30, 2005. REUTERS/Shannon Stapleton
    Bank of America credit losses soar, profit falls Reuters - Fri Jul 17, 3:27 PM ETSent 5 times

    NEW YORK (Reuters) - Bank of America Corp, the largest U.S. bank, posted a quarterly profit that topped Wall Street forecasts but warned of a fresh surge in soured loans to credit card, mortgage and business customers.

  7. FILE - In this Jan. 18, 2008 file photo, rolls of fabric are wheeled through New York's Garment District. CIT Group's possible collapse is sending panic through the retail industry which relies on the key lender to keep shipments flowing to stores. (AP Photo/Seth Wenig, file)
    CIT collapse could ripple through retail industry AP - Fri Jul 17, 5:22 PM ETSent 5 times

    NEW YORK - The possible collapse of a key lender is sending panic through the retail industry, threatening to hang up deliveries of back-to-school clothing and other merchandise and throw holiday ordering into disarray.

  8. Customers use ATM machines at a Citibank in New York, Friday, July 17, 2009. Citigroup Inc. surprised Wall Street Friday, reporting a $3 billion second-quarter profit instead of the big loss analysts expected. (AP Photo/Yanina Manolova)
    Bank profits not as impressive as they seem AP - Fri Jul 17, 11:15 PM ETSent 5 times

    NEW YORK - The big banks are making big money again, but they won't be back to health as long as they have to deal with a recession and customers defaulting on mortgages and credit cards.

  9. Car Guy Garage Releases New Stainless Steel Garage Cabinet Line PRWeb - Sat Jul 18, 3:01 AM ETSent 3 times

    Car Guy Garage is proud to announce the release of our newest line of Garage Storage Cabinets. Car Guy Garage now have available Stainless Steel Garage Storage, perfect garage cabinets for anyone's garage.

  10. Graphic shows state-by-state breakdown of unemployment rates
    Jobless rate tops 10 percent in 15 states, DC AP - Fri Jul 17, 7:59 PM ETSent 2 times

    WASHINGTON - Fifteen states have crossed a painful threshold: 10 percent unemployment. More states, and the nation, likely will follow, one of the biggest dangers to an economic recovery.

  11. A customer uses a Bank of America ATM in Charlotte, N.C., Friday, July 17, 2009. Bank of America became the third big bank with better than expected earnings, reporting a $2.42 billion second-quarter profit even as losses from failed loans continued to rise. (AP Photo/Chuck Burton)
    Stocks cap strong week with mixed finish AP - Fri Jul 17, 6:17 PM ETSent 2 times

    NEW YORK - Investors are betting that the stock market has restarted its spring rally.

  12. How to Write an MBA Admissions Essay BusinessWeek Online - Thu Jul 16, 8:12 AM ETSent 1 times

    The admissions committees at top business schools want to meet the real you, the man or woman behind your GMAT scores, transcripts, and resume. They want to know who you are now -- what motivates you, what sets you apart from others, and who you'd like to become -- what career goals you have and how you'd like to achieve them. Revealing your inner self, your hopes and dreams, is the purpose of the business school application essays. "The essays are windows into who you are as a person, your heart," says Stacy Blackman, president of Stacy Blackman Consulting in Los Angeles. Your No. ...

  13. A pedestrian past the the CIT Group Inc. building in New York, Wednesday July 15, 2009. The Obama administration drew a line in the sand on financial bailouts Wednesday by denying emergency aid to CIT Group Inc., a struggling commercial lender on the brink of bankruptcy. (AP Photo/Bebeto Matthews)
    CIT shares jump as lender seeks rescue financing AP - Fri Jul 17, 6:48 PM ETSent 1 times

    NEW YORK - CIT Group Inc.'s shares nearly doubled Friday as the commercial lender held talks with several large banks about securing emergency financing in hopes of avoiding a bankruptcy filing.

  14. Investor Carl Icahn speaks at the Wall Street Journal Deals & Deal Makers conference, held at the New York Stock Exchange, June 27, 2007. REUTERS/Chip East
    Yahoo board member Icahn wants Microsoft deal Reuters - Sat Jul 18, 12:18 AM ETSent 1 times

    SAN FRANCISCO/SEATTLE (Reuters) - Activist investor Carl Icahn spoke out in favor of a search deal between Yahoo Inc and Microsoft Corp, as talks between the two companies appeared to regain momentum.

  15. Nouriel Roubini, RGE Global Monitor Chairman, smiles during a luncheon in New York July 15, 2009. The United States may need a second fiscal stimulus worth $200-250 billion around the end of the year, but the worst of the economic and the financial crisis is already behind us, leading economist Roubini said on Thursday. REUTERS/Shannon Stapleton (UNITED STATES POLITICS BUSINESS)
    Worst behind us but more stimulus needed: Roubini Reuters - Thu Jul 16, 6:47 PM ETSent 1 times

    NEW YORK (Reuters) - Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the financial crisis, said on Thursday that the worst of the turmoil has passed.

  16. Pedestrians walk by the Citigroup building in New York. A suddenly resurgent Wall Street, riding a wave of economic optimism, faces challenges in the coming week with a slew of earnings reports and a detailed Federal Reserve outlook.(AFP/Getty Images/Spencer Platt)
    Earnings to decide stocks' fate Reuters - Fri Jul 17, 10:20 PM ETSent 1 times

    NEW YORK (Reuters) - Earnings are set to take center stage again next week as more marquee U.S. companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher.

  17. Apple Computers co-founder Steve Wozniak has a blob of suncream on his nose during the World Championships in Segway Polo in Cologne, Germany, on Friday, July 17, 2009. Wozniak is a player with the U.S. Silicon Valley Aftershocks Team. (AP Photo/Hermann J. Knippertz)
    Expectations high for Apple quarterly results Reuters - Fri Jul 17, 3:07 PM ETSent 1 times

    SAN FRANCISCO (Reuters) - Expectations are high for Apple Inc's quarterly results next week, in the wake of strong early sales for its new iPhone and improved sentiment on the personal computer market after Intel Corp's earnings.

  18. In this photo taken May 22, 2009, Claudia Escobar, of Clifton, Va., left, mends the shoes of her son Tommy Deantonio, 14, at their home in Clifton, Va. The family is faced with foreclosure after Escobar lost her job. (AP Photo/Jacquelyn Martin)
    Rising unemployment accelerates foreclosure crisis AP - Thu Jul 16, 5:10 PM ETSent 1 times

    WASHINGTON - Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor.

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