Interest rates hit all-time low

The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.
Madoff 'had cheques ready to go'

Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.
US firm in talks to buy Wedgwood

A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.

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Money & Employment, Affiliate Rescue

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Fitch cuts GMAC rating to "Restricted Default" - Forbes

Fitch Ratings said Thursday it downgraded its issuer default rating for GMAC LLC to "Restricted Default" from "CCC," citing the recent completion of the financing company's bond exchange. The exchange covered about $28.8 billion of unsecured debt ...
Race to rescue oligarch Len Blavatnik’s chemical business as debt ... - Times Online

The business empire of Len Blavatnik, the Russian-born oligarch, was racing against time yesterday to save one of its industrial pillars, LyondellBasell, the chemical company, which is teetering on the edge of bankruptcy with $26 billion (£18 ...
Fallen Wood Panels Injure Diners At Fancy Boston Restaurant - All Headline News

Boston, MA (AHN) - Heavy wood panels fell inside a Boston restaurant Saturday night, injuring 11 diners. Eight of the patrons were taken to the hospital, a Boston Fire Department spokesman said. The decorative panels were 10 feet by 10 feet ...

Australia, New Zealand Dollars Drop on Commodities, U.S. Jobs - Bloomberg

Jan. 8 (Bloomberg) -- The Australian and New Zealand currencies fell, snapping three days of gains versus the U.S. dollar, as prices of commodities that make up more than half the nations’ exports declined the most in three months. The currencies ...
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OmniVue Named Technology Pacesetter for 2008 by Accounting Technology ATLANTA -- OmniVue, the Southeast leader in delivering flexible accounting, ... World Financial Group Names Edward Mylett to Help Direct Field Leadership Development DULUTH - World ...
Rudd in 'quantum of stimulus' calculation call - Australian Broadcasting Corp.

Prime Minister Kevin Rudd has warned of "grave" consequences without "unprecedented" policy cooperation between governments to lift the world out of the global financial crisis. In an opinion piece in the UK's Financial Times , Mr Rudd says the ...

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The Future of Apple

L.A. Times' Michael Hiltzik on blue chip company and its frail-looking CEO.
Bailout on Ice

What will be done with the $350 billion in frozen assets?