Steven Wevodau - Poorer tourists could still bring riches to Latin America (AFP)

AFP - As stock markets sink and fears grow of a global recession, Latin America is banking on gains as well as losses from tourists tightening their purse strings.

Steven Wevodau

Reuters - General Motors Corp has sent a sales prospectus for Hummer to potential bidders as it scrambles to shore up its cash amid a sharp downturn in global auto sales.

Steven Wevodau

Reuters - Evidence piled up on Friday that the world is slipping into recession but the White House played down expectations for a weekend meeting between lame-duck U.S. President George W. Bush and European Union leaders.

Steven Wevodau

Reuters - Consumer confidence suffered its steepest monthly drop on record in October and construction starts on new homes fell to a 17-1/2 year low the previous month, as the financial crisis sent shock waves through the economy.

Steven Wevodau

AP - The nation is on track to build fewer homes this year than at any time since the end of World War II, adding to the woes of an economy that analysts said Friday has almost certainly entered a recession.

Steven Wevodau

Reuters - Stocks fell on Friday on weakness in manufacturing and financial stocks after bleak data on consumer confidence and construction, but the Dow still snapped a disastrous three-week losing streak with it best weekly gain in more than 5 years.

Steven Wevodau

Reuters - Warren Buffett tried to persuade demoralized investors the U.S. stock market is not falling off a cliff. Not everyone was immediately convinced.

Steven Wevodau

Steven Wevodau - Poorer tourists could still bring riches to Latin America (AFP)

AFP - As stock markets sink and fears grow of a global recession, Latin America is banking on gains as well as losses from tourists tightening their purse strings.

Steven Wevodau

AP - The nation is on track to build fewer homes this year than at any time since the end of World War II, adding to the woes of an economy that analysts said Friday has almost certainly entered a recession.

Steven Wevodau

Reuters - Evidence piled up on Friday that the world is slipping into recession but the White House played down expectations for a weekend meeting between lame-duck U.S. President George W. Bush and European Union leaders.

Steven Wevodau

Reuters - General Motors Corp has sent a sales prospectus for Hummer to potential bidders as it scrambles to shore up its cash amid a sharp downturn in global auto sales.

Steven Wevodau

Reuters - Stocks fell on Friday on weakness in manufacturing and financial stocks after bleak data on consumer confidence and construction, but the Dow still snapped a disastrous three-week losing streak with it best weekly gain in more than 5 years.

Steven Wevodau

Reuters - Consumer confidence suffered its steepest monthly drop on record in October and construction starts on new homes fell to a 17-1/2 year low the previous month, as the financial crisis sent shock waves through the economy.

Steven Wevodau

Reuters - Warren Buffett tried to persuade demoralized investors the U.S. stock market is not falling off a cliff. Not everyone was immediately convinced.

Steven Wevodau

Steven Wevodau - G8 leaders call for global finance summit - Deutsche Welle

The G8 group of world industrial powers have called for a global summit to address the current financial crisis along with a revival of world trade talks. The joint statement was released as EU leaders meeting for two days in Brussels broadly Steven Wevodau

Fitch Ratings has upgraded to 'B-' from 'CCC' FertiNitro Finance Inc.'s (FertiNitro) US$250 million 8.29% secured bonds due 2020. The Rating Outlook is Stable. The rating action reflects an adequate financial profile, recent improvements in Steven Wevodau

BRUSSELS (Reuters) - Europe won backing from the United States, Russia and Japan on Wednesday for a summit on urgent reforms to the world financial order to help prevent a repeat of the worst credit crisis since the Great Depression. But despite the Steven Wevodau

The World Bank has denied plans to commit funds for Southeast Asian countries who may suffer liquidity problems from the ongoing financial crisis, a day after the Philippine president announced the initiative. President Gloria Macapagal Arroyo said Steven Wevodau

Steven Wevodau - John McCain, Barack Obama on healthcare - Los Angeles Times

John McCain, Barack Obama on healthcare - Los Angeles Times
John McCain and Barack Obama's health reform plans are different both in their approaches to solving problems and their potential effects on voters. But to choose wisely, you have to do some homework. To help, we offer a guide to online resources

CVC seen in talks for stake in RBS insurance - International Herald Tribune
LONDON : Private equity firm CVC Capital Partners is in talks to take a controlling stake in Royal Bank of Scotland's insurance assets, Bloomberg reported on Wednesday. Bloomberg, citing two people familiar with the matter, said CVC was one of three

McCain Presses Obama on Health-Plan Penalties - Wall Street Journal
As the presidential candidates push their competing health-care plans, Sen. John McCain regularly presses Sen. Barack Obama to tell voters how big a fine he would impose on companies that don't offer their workers health insurance. John McCain It is

Wells Fargo Adds Williams as Claims Executive in West Region Insurance - PR Inside
- Wells Fargo Insurance Services, Inc. announces the addition of Robert (Bob) Williams as senior vice president, regional claims manager for its west region. Williams will be based in San Francisco and report to H. David Wood, regional managing

How New Law Boosts Coverage of Mental Care - Wall Street Journal
The financial-bailout package signed into law earlier this month included legislation requiring employers and health insurers to put their mental-health and substance-use coverage on par with their physical-health coverage. Currently, many health

Steven Wevodau - Some downtown businesses say Rays' success has hurt business - St. Petersburg Times

Business has been mixed at Grillside Central in downtown St. Petersburg when the Rays play at nearby Tropicana Field. Amid the cheers and cowbells, some downtown businesses say the Rays' playoff success and surging crowds have meant frustration and Steven Wevodau

Steven Wevodau - G-7 finance ministers to meet to discuss financial crisis - Deutsche Welle

G-7 finance ministers to meet to discuss financial crisis - Deutsche Welle
Finance ministers and central bankers from the Group of Seven major industrialised nations are set to meet in Washington in a few hours' time to discuss how to respond to the sell off on global stock markets. Ahead of the talks, the head of the

UPDATE 1-Hungary govt, cbank say ready to intervene - Forbes
BUDAPEST, Oct 10 (Reuters) - Hungary's economic standing does not justify falls in the forint but the central bank and the finance ministry are ready to intervene if necessary to stabilise markets, the two bodies said on Friday. Hungary's forint hit

EXTRA:Church says prayers in demand to calm finance fears - Earthtimes
London - The Church of England has found that an increasing number of people turn to its prayer website for support in the current global financial crisis, the church said Friday. A Church of England website focusing on advice to those concerned

Finance unit hurts GE's profit - Windsor Star
General Electric Co. profit declined for a third straight quarter, eroded by lower earnings at its finance arm during the deepest U.S. financial crisis since the Great Depression. Profit from continuing operations fell 12% to US$4.48-billion, or 45

GE profit falls 22 pct, hurt by capital finance - Forbes
General Electric Co. , which makes everything from jet engines to water treatment systems and owns NBC Universal, says its third quarter profit fell 22 percent, hurt by its financing business. GE, a bellwether for the U.S. economy, says net income

Finance companies appeal cease-desist order - Baltimore Sun
Premium finance companies plan to appeal a cease-and-desist order from Maryland Insurance Commissioner Ralph S. Tyler, who found that they charge unlawfully high interest. Robert Rubenstein, president of U.S. Capital Associates LLC, one of the larger

NATO seeks agreement on Afghan drugs role - Washington Post
BUDAPEST, Hungary -- A spokesman says NATO defense ministers have agreed that their troops can target drug facilities that finance the Afghan insurgency. James Appathurai told reporters Friday that NATO troops in Afghanistan would act with Afghan

Dutch deny report of Fortis Dutch operations sale - Reuters UK
AMSTERDAM (Reuters) - The Dutch Finance Ministry has denied a report that Deutsche Bank (DBKGn.DE: Quote , Profile , Research ) may buy Fortis Bank Nederland instead of ABN AMRO's Dutch operations, a deal put on hold by the nationalization of Fortis

Steven Wevodau - The Latin American Insurance Industry Experienced a Period of Steady - CNBC

DUBLIN, Ireland, Oct 10, 2008 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/3dc6d7/latin_america_insu) has announced the addition of the "Latin America Insurance Sectors : A Company and Industry Analysis (April Steven Wevodau

ATLANTA, Oct. 10 /PRNewswire-FirstCall/ -- Numerex Corp. (Nasdaq: NMRX), a leading provider of full-service, highly secure machine-to-machine (M2M) network services and solutions, today announced that it has acquired Ublip Inc., a fast growing Steven Wevodau

NEW YORK , Oct. 10 /PRNewswire/ -- OwnEnergy, Inc., a company that enables landowners to develop and own wind farms on their land, has completed its Series A round of financing. EnerTech Capital Partners, an experienced clean tech investor, led the Steven Wevodau

BEIJING, Oct 10 (Reuters) - China's business confidence index fell sharply in the third quarter to 123.8 points, down from 134.8 in the second, the National Bureau of Statistics said on Friday. It was the weakest reading since the second quarter of Steven Wevodau