AP - The stock market is not the economy.
Kerkorian sells Ford at loss, could dump stake (Reuters)
Reuters - Billionaire Kirk Kerkorian sold shares worth about $18 million in Ford Motor Co at a big loss and could sell his remaining 6 percent stake after becoming the automaker's largest outside investor this year.
Surging iPhone sales spur Apple, issues safe outlook (Reuters)
Fed aids money markets; Wall Street falls (Reuters)
Reuters - The U.S. Federal Reserve and governments around the world loosened strained financial markets on Tuesday by pumping in more money and launching bank rescues, but poor corporate profits and recession fears drove down commodities and U.S. stocks.
Weak profit view hits stocks; Apple and Yahoo up late (Reuters)
Fed rolls out new 540-bln-dollar aid to financial sector (AFP)
AFP - The US Federal Reserve reached deeper into the troubled financial system on Tuesday, offering up to 540 billion dollars of help to money market mutual funds in its latest response to the credit crunch.
Yahoo profit drops, targets job cuts as ads weaken (Reuters)
Reuters - Yahoo Inc posted a sharply lower quarterly profit on nearly flat sales, but its shares rose 8 percent on the Internet media company's plan to cut at least 10 percent of its work force to save costs.