October consumer prices and home starts plummet (Reuters) Reuters - Consumer prices dropped at the fastest rate on record in October and new home construction was at a record low, according to government reports on Wednesday that underlined how rapidly the economy was weakening. Publ.Date : Wed, 19 Nov 2008 14:12:33 GMT Market slides on auto woes (Reuters) Reuters - U.S. stocks extended losses on Wednesday, sending the benchmark S&P 500 (.SPX) down more than 2 percent, as the prospect for a U.S. auto industry rescue turned bleak and financial shares tumbled on concerns about the deepening economic downturn. Publ.Date : Wed, 19 Nov 2008 16:12:12 GMT GM shares at 66-year low amid bailout doubt (Reuters) Reuters - Shares of General Motors Corp fell about 15 percent to a 66-year low on Wednesday as mounting political opposition cast doubt over a proposed $25 billion government bailout for GM and other U.S. automakers. Publ.Date : Wed, 19 Nov 2008 16:00:04 GMT Auto execs set for more grilling on aid plan (Reuters) Reuters - Auto executives headed to Capitol Hill for a second day to argue their case for a $25 billion aid package in the face of mounting political opposition to another huge government bailout. Publ.Date : Wed, 19 Nov 2008 15:05:56 GMT SEC delays action on credit rating agency rules (Reuters) Reuters - U.S. securities regulators on Wednesday delayed action on adopting stricter rules to rein in the credit rating agencies until December 3. Publ.Date : Wed, 19 Nov 2008 15:49:02 GMT China stocks rebound despite regional losses (AP) AP - Chinese shares shrugged off losses elsewhere in Asia to rise Wednesday on a rally in refiners and renewed enthusiasm about a government stimulus package. Publ.Date : Wed, 19 Nov 2008 11:21:36 GMT U.S. auto execs plead for Congress to fund bailout (Reuters) Reuters - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion aid package despite political opposition to another multibillion-dollar government bailout. Publ.Date : Tue, 18 Nov 2008 23:12:08 GMT Woolworths plunges on news it may sell stores (AP) AP - Woolworths Group PLC's shares plunged 32 percent Wednesday after the company confirmed it is considering selling its retail business. Publ.Date : Wed, 19 Nov 2008 11:54:32 GMT RSS For Web Pages Website Traffic Promotion