Yahoo! News: BusinessBusinessStock futures slip as AIG rescue fails to reassure (Reuters)- September 17, 2008 Reuters - Stock index futures slipped on Wednesday as investors worried the U.S. government rescue of insurer American International Group wouldn't be enough to stem turmoil in global financial markets.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/m... AIG rescue calms markets, HBOS and Lloyds in talks (Reuters)- September 17, 2008 Reuters - An $85 billion dollar U.S. lifeline for American International Group gave some respite to battered financial stocks, while the UK's biggest mortgage lender HBOS Plc and Lloyds TSB contemplated a merger which would reshape British banking.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/f... Morgan Stanley weighing possible merger: report (Reuters)- September 17, 2008 Reuters - Investment bank Morgan Stanley is weighing whether it should remain independent or merge with a bank, given the recent turbulence in the company's share price, broadcaster CNBC reported on Wednesday.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/f... UK banks Lloyds, HBOS in merger talks: source (Reuters)- September 17, 2008 Reuters - British bank Lloyds TSB is in merger talks with domestic rival HBOS Plc to create a 28 billion pound ($50 billion) mortgage giant, a person familiar with the matter said on Wednesday.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/h... U.S. regulators try to find WaMu buyer: report (Reuters)- September 17, 2008 Reuters - U.S. federal regulators recently called a number of banks asking if they would consider buying Washington Mutual Inc should it eventually falter, the New York Post said, citing sources.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/w... NY artist records public scorn on Wall Street (AP)- September 17, 2008 AP - When controversy looms on Wall Street, chances are that Geoffrey Raymond isn't far behind, magic markers in hand.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080917/ap_on_r... Fed to lend $85 billion to AIG, take 80 percent stake (Reuters)- September 17, 2008 Reuters - The U.S. Federal Reserve Board on Tuesday said the Federal Reserve Bank of New York will lend up to $85 billion to the American International Group in a plan aimed at saving the insurer from a "disorderly failure" that could wreak economic havoc.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080917/bs_nm/a... Best Buy 2Q profit slides 19 percent (AP)- September 16, 2008 AP - Best Buy Co. said Tuesday that its second-quarter profit slid 19 percent as it spent money to boost cell phone sales by completing the rollout of its Best Buy Mobile concept to nearly 1,000 North American stores.http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080916/ap_on_b... |