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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Bad economy takes pizzazz out of CES - Reuters

LAS VEGAS (Reuters) - Vast, empty spaces in the middle of the show floor. Knots of uniformed salespeople standing idly next to flickering screens. A slow-moving crowd drifting from one display to the next. Can this really be the much-touted Consumer ...
If you want to survive on the Internet, it’s all about sharing - Taipei Times

First, the doom and gloom. The Web has become flooded with “me-too” businesses, hundreds of “the next Facebook” and plenty of wobbly business ideas based on making money from large audiences with advertising. Now that funding is harder to ...
Obama asks Congress to delay digital TV switch* - Los Angeles Times Blogs

President-elect Barack Obama today asked Congress to delay next month’s planned switch to all-digital broadcast television, warning that the TVs of millions of Americans could lose their pictures because of major problems in the government's ...

Plans to relocate Naval Hospital hinge on funding - The State

BEAUFORT -- Plans to move Naval Hospital Beaufort to the Marine Corps Air Station Beaufort have been submitted, but the new facility won't be built until -- or unless -- the project receives funding, The Beaufort Gazette is reporting. A proposal for ...
Tennessee housing professionals call on Congress - MSN MoneyCentral

Local businessman Phil Chamberlain, owner of Chamberlain & McCreery Inc., joined others in the Tennessee housing industry Thursday in calling on Congress to address the housing crisis that is at the root of the nation’s recession. He joined James ...
Butler County: Foreclosed properties down in '08, sheriff says - Middletown Journal

The housing market appears to be improving locally as fewer properties were sent to foreclosure auction this past year. According to figures released by the Butler County Sheriff's Office, 1,390 properties were sent to foreclosure auction in 2008 ...

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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?