Browse by Tags

• A
• American Bankers Association
• American International Group Inc.
• As
• Asia
• Bank of America Corporation
• Banks
• Barack Obama
• Barclays plc
• Barney Frank
• Bear
• Bear, Stearns & Co. Inc.
• Ben Bernanke
• Billion
• Bloomberg LP
• California
• Capitol Hill
• Charles Schumer
• Charlotte
• Chicago
• China
• Christopher Cox
• Christopher Dodd
• Chrysler Holding LLC
• Citigroup
• Citigroup Inc.
• Countrywide Financial Corporation
• Crisis
• David Cho
• Detroit
• Dow Jones & Co. Inc.
• Europe
• Fannie Mae
• Fed
• Federal Deposit Insurance Corporation
• Federal Reserve Bank of New York
• Financial
• First Horizon National Corporation
• for
• Freddie Mac Holdings
• General Motors Corporation
• George W. Bush
• Germany
• Global Insight Inc.
• Goldman Sachs Group Inc.
• Gradient Analytics Inc.
• Henry M. Paulson
• Hong Kong
• In
• India
• IndyMac Bancorp Inc.
• International Monetary Fund
• Is
• Jamie Dimon
• Japan
• John McCain
• Lehman Brothers Inc.
• London
• Lori Montgomery
• Manhattan
• McLean (Virginia)
• Merrill Lynch & Co. Inc.
• Moody's Corporation
• Morgan Stanley
• Nancy Pelosi
• National City
• Neil Irwin
• New Jersey
• New York
• New York Mercantile Exchange Inc.
• of
• on
• Rescue
• Reuters Group plc
• Sheila C. Bair
• Standard & Poor's
• Stearns
• Stocks
• The
• The Wall Street Journal
• The Washington Post Company
• The White House
• to
• U.S.
• U.S. Department of Commerce
• U.S. Department of the Treasury
• U.S. Federal Reserve
• U.S. House Committee on Financial Services
• U.S. Securities and Exchange Commission
• U.S. Senate Committee on Banking, Housing, and Urban Affairs
• United Kingdom
• United States
• Wachovia
• Wachovia Corporation
• Wall
• Wall Street
• Washington Mutual Inc.
• Washington, DC
• Wells Fargo & Company
• With

• Search for Bargains Drives Rebound

  Investors ventured back into the market yesterday in search of bargains, helping it stage a partial rebound from one of the worst trading days since October. Posted Dec 02 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, JP Morgan Chase & Co., for, Dow Jones & Co. Inc., Citigroup Inc., General Motors Corporation, Chicago, New York Mercantile Exchange Inc., General Electric Company, Search, Ford Motor Company, Rebound, Chrysler LLC, Harris NA, Jack Ablin, Drives, Bargains

• Stocks Tank as Recession Declared

  Investors were in full retreat yesterday, sending stocks tumbling after a panel of economists confirmed that the country has been in a recession for about a year. Posted Dec 01 2008, 04:00 PM by washingtonpost.com - Business Filed under: Wall Street, United States, JP Morgan Chase & Co., Ben Bernanke, U.S. Department of Commerce, Europe, Bank of America Corporation, Exxon Mobil Corporation, Stocks, Dow Jones & Co. Inc., Citigroup Inc., As, Connecticut, Asia, Japan, New York Mercantile Exchange Inc., Chevron Corporation, Oppenheimer Holdings Inc., First Horizon National Corporation, Christopher Low, U.S. Institute for Supply Management, Recession, Westport, Meredith Whitney, Tank, National Bureau of Economic Research, The National Retail Federation, Laszlo Birinyi Jr., Declared, Birinyi Associates Inc.

• Bankruptcy Could Offer GM More Flexibility

  General Motors insists that bankruptcy would be a catastrophic way to solve its cash problems, but that hasn't stopped analysts and bankers from speculating about how a restructuring might shake out. Posted Nov 28 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, JP Morgan Chase & Co., More, General Motors Corporation, Barack Obama, Could, Daniel K. Tarullo, Detroit, Offer, Lori Montgomery, Bankruptcy, United Auto Workers, Ford Motor Company, Center for Automotive Research, GM, Georgetown University Law Center, Oldsmobile Motor Company, Maryann Keller, Chrysler LLC, Flexibility

• Japan's Factory Output Plunges, Industrial Outlook Turns Grim

  TOKYO, Nov. 28 -- Production at Japan's vital manufacturers is sinking fast -- and is projected to turn in its worst quarter ever -- as a plunge in global demand batters the core of the world's second-largest economy. Posted Nov 28 2008, 04:00 PM by washingtonpost.com - Business Filed under: JP Morgan Chase & Co., Outlook, Tokyo, Japan, Toyota Motor Corporation, Japan's, Turns, Factory, Grim, Panasonic Corporation, Output, Industrial, Plunges,, Macquarie Group, Masamichi Adachi, Japanese Ministry of Economy, Trade and Industry, Richard Jerram

• Cheer Over Bailout Plan Lifts Stocks Mildly

  Stocks closed flat yesterday as more poor economic data overshadowed the unveiling of a new $800 billion government plan to revive the economy. Posted Nov 25 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, JP Morgan Chase & Co., U.S. Department of Commerce, Over, Stocks, Dow Jones & Co. Inc., Citigroup Inc., Bailout, New York Mercantile Exchange Inc., Plan, Global Insight Inc., Nariman Behravesh, Mildly, Cheer, Lifts

• Battered Citigroup Strives To Strengthen Confidence

  A defiant Citigroup proclaimed itself in good health yesterday even as its stock price completed a one-week, 60 percent swan dive, highlighting renewed investor concern about the long-term prospects of the nation's largest banks. Posted Nov 21 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, U.S. Federal Reserve, United States, to, JP Morgan Chase & Co., Bank of America Corporation, U.S. Securities and Exchange Commission, Citigroup Inc., U.S. Department of the Treasury, David Cho, International Monetary Fund, Richard Bove, Wachovia Corporation, NYSE Euronext, Washington Mutual Inc., Federal Deposit Insurance Corporation, Massachusetts Institute of Technology, Confidence, Citigroup, National City, Vikram Pandit, Simon Johnson, Ladenburg Thalmann & Co. Inc., Battered, Salomon Smith Barney Inc., Strives, Keith Davis, Chevy Chase Bank of Bethesda, Strengthen

• Wal-Mart Names Its Global Chief as CEO

  Wal-Mart made the surprise announcement yesterday that Mike Duke, the head of its international division, will replace H. Lee Scott Jr. as chief executive of the world's largest retailer next year as its foreign business continues to grow rapidly in scale and importance. Posted Nov 21 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, JP Morgan Chase & Co., Europe, U.S. Securities and Exchange Commission, As, India, Mexico, Its, Chief, China, Germany, South Korea, Asia, Names, Service Employees International Union, Wal-Mart Stores Inc., SAM'S West Inc., Conservation International Foundation, Glenn Prickett, CEO, Eduardo Castro-Wright, Global, Latin America, Wal-Mart, H. Lee Scott, Wal-Mart Watch, David Nassar, Charles Grom, Battalia Winston International, Rob Walton, Bentonville, David Tovar, Mike Duke, Joe Carideo, The Seiyu Ltd.

• Auto Failure Could Fuel Credit Crisis

  With lawmakers weighing the possibility of allowing one of the nation's automakers to fail, some on Wall Street and in Detroit are arguing that the consequences of failure could reach far beyond the industry and into the broader economy. Posted Nov 20 2008, 04:00 PM by washingtonpost.com - Business Filed under: Crisis, Wall Street, U.S. Federal Reserve, JP Morgan Chase & Co., U.S. Department of the Treasury, Fuel, General Motors Corporation, Charles Schumer, Credit, Could, Detroit, Chrysler Holding LLC, auto, Bob Nardelli, American International Group Inc., Failure, Eric J. Selle, The Depository Trust Company

• Stocks Plunge; Investors Flee to Treasurys

  Stocks plummeted again yesterday, hitting a five-year low, and crude oil prices skidded to their lowest level in more than three years. Posted Nov 20 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, to, JP Morgan Chase & Co., Stocks, Dow Jones & Co. Inc., Citigroup Inc., General Motors Corporation, Investors, Flee, Prince Alwaleed bin Talal, Treasurys, Plunge;

• Shoppers Search Harder for Value at the Supermarket

  There was a time, not so long ago, when camembert bordered on blase and olive bars were all the rage as grocery stores sought to transform the weekly shopping trip into a gastronomic wonderland. Posted Nov 20 2008, 04:00 PM by washingtonpost.com - Business Filed under: JP Morgan Chase & Co., The, for, Whole Foods Market Inc., at, Wal-Mart Stores Inc., Search, Phil Lempert, Moody's Corporation, Royal Ahold NV, General Mills Inc., Value, Betty Crocker Foodstuffs, Supermarket, Chris Lafakis, Wegmans Food Markets Inc., Shoppers, Supermarketguru.com, Harder, Ron Paul, Colleen Wegman, Technomic Inc., Jaime Vazquez, John Rishton, Kate Lowery

• Financial System Suffers Relapse

  The financial system, which had recently shown glimmers of improvement, is unraveling again. Posted Nov 20 2008, 04:00 PM by washingtonpost.com - Business Filed under: Washington, DC, Wall Street, U.S. Federal Reserve, New York, United States, Financial, JP Morgan Chase & Co., Henry M. Paulson, U.S. Securities and Exchange Commission, Citigroup Inc., U.S. Department of the Treasury, Connecticut, General Motors Corporation, Barack Obama, Goldman Sachs Group Inc., Detroit, Chrysler Holding LLC, Somalia, System, Sterne, Agee & Leach Inc., Allen Sinai, Sean Ryan, Avalon Partners Inc., Peter Cardillo, Matt McCormick, Relapse, Suffers, Addison A. Armstrong, Prince Alwaleed bin Talal

• Target's Earnings Tumble 24 Percent

  Target reported yesterday that its third-quarter profit plunged nearly 24 percent as beleaguered shoppers held on to their wallets and its credit card division continued to suffer. Posted Nov 17 2008, 04:00 PM by washingtonpost.com - Business Filed under: JP Morgan Chase & Co., Minneapolis, Wal-Mart Stores Inc., Lowe's Companies Inc., C. Britt Beemer, Earnings, Percent, America's Research Group, Tumble, Gregg Steinhafel, 24, Target's

• Japan's Economy in Recession, Government Says

  TOKYO, Nov. 17 -- Japan, the world's second-largest economy, has fallen into recession, the government said Monday. Posted Nov 16 2008, 04:00 PM by washingtonpost.com - Business Filed under: United States, JP Morgan Chase & Co., In, Economy, Europe, The Associated Press, Asia, Tokyo, Japan, Toyota Motor Corporation, Government, Japan's, Says, Recession,, Honda Motor Co. Ltd., Canon Inc., Kaoru Yosano, Taro Aso, Masamichi Adachi

• Obama Ties Automaker Rescue to Regulation

  Top advisers to President-elect Barack Obama are helping to draft an auto industry rescue plan that would bring new government oversight, including the possibility of an auto czar who could ensure the money was being used wisely. Posted Nov 13 2008, 04:00 PM by washingtonpost.com - Business Filed under: to, JP Morgan Chase & Co., Henry M. Paulson, California, Barclays plc, Bloomberg LP, Citigroup Inc., U.S. Department of the Treasury, Rescue, General Motors Corporation, Barack Obama, Obama, Christopher Dodd, Julie Tate, Detroit, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Regulation, Chrysler Holding LLC, Chuck Grassley, Lori Montgomery, Ties, United Auto Workers, U.S. Department of Energy, University of California-Berkeley, Bob Nardelli, Lee Iacocca, Cerberus Capital Management LP, Brian A. Johnson, Harley Shaiken, Himanshu Patel, Ken W. Cole, Automaker, Itay Michaeli

• Deadline Nears for Banks as Treasury Program Progresses

  NEW YORK, Nov. 10 -- Publicly traded banks have until Friday to apply for capital injections from the Treasury Department, and it will take "a few months" for the government to invest all of the $250 billion that was set aside for preferred-stock investments in financial firms, according to the... Posted Nov 10 2008, 04:00 PM by washingtonpost.com - Business Filed under: New York, JP Morgan Chase & Co., Henry M. Paulson, for, Bank of America Corporation, Citigroup Inc., U.S. Department of the Treasury, As, Morgan Stanley, Goldman Sachs Group Inc., PricewaterhouseCoopers LLP, Deadline, Motorola Inc., Banks, Treasury, Securities Industry and Financial Markets Association, Nears, Office of Financial Stability, Neel Kashkari, Program, Don McLellan, Progresses, Howard Schweitzer, James Lambright