Interest Rates Auto

San Francisco Gate - In addition, Schwarzenegger wants the authority to order automatic budget cuts if state finances start falling into the red. Lawmakers would be able to decide how to make the cuts, but the governor would have the authority to trigger them any time

Movers roundup-Targacept, Marathon Oil
Boston Globe - NEW YORK (AP) — Shares of biotechnology company Targacept Inc. are falling Monday as the company starts an early-stage study on its depressive disorder treatment candidate. NEW YORK (AP) — Marathon Oil Corp. is one of the biggest decliners among

Wall Street closes mixed in seesaw trading
MSNBC - The Dow rose 21.16, or 0.18 percent, at 11,972.25, after falling nearly 200 and rising more than 100. The blue chip index was supported partially by JPMorgan, by far the biggest gainer among the 30 component stocks.

Jackson St. women draw LSU in first round of NCAA tournament
Biloxi Sun Herald - Second-seeded LSU (27-5) won the Southeastern Conference regular season title with a 14-0 record before falling to Tennessee in the league tournament championship game and is ranked sixth.

Disney-area housing plan dies
Orange County Register - Renaissance was attempting to beat the clock and garner city approval before the June election to avoid falling under the initiative’s rules, even receiving initial Planning Commission support last month.

Support for Cabinet sinks to lowest yet
Daily Yomiuri On-Line - The approval rate has been declining since a similar poll in January and now has reached a new low since the Cabinet was formed, falling by 4.8 percentage points from the previous survey in February.

Industrial production falls
Forbes - On Wall Street, the Dow Jones industrial average rose 21.16 points to close at 11,972.25, after falling nearly 200 points earlier in the day as investors grappled with the JPMorgan Chase & Co.’s government-backed buyout of troubled investment bank

Experts express worry over falling dollar
Punch - Experts have raised the alarm that the persistent decline in the value of the dollar against major world currencies may negatively affect Nigeria s celebrated reserves, which currently stand at about $58bn. The Chief Executive officer, Economic

TechWeb - If you already have a news aggregator and it supports auto-discovery, you can usually add an RSS link for a given site by using your aggregator to surf the home page of that Web site.

Canada capacity use slides to an 11-year low
Reuters - OTTAWA (Reuters) - Industries ran at 81.8 percent of their production capacity in the fourth quarter of last year, the lowest rate in 11 years, in a slowdown that hit the auto and forestry sectors hardest. Statistics Canada said on Thursday the

Thai February auto sales up 13 percent at 49,256 units
CNN Money - BANGKOK, Mar. 13, 2008 (Thomson Financial delivered by Newstex) — Auto sales in Thailand rose 13.0 percent in February from a year earlier, driven by a surge in passenger car sales, an industry group said Thursday. Total sales reached 49,256 units

GM, Ford shares fall after Morgan Stanley cut
Reuters South Africa - Morgan Stanley cut its 2008 U.S. auto sales forecast to 15.4 million vehicles, from 15.9 million vehicles, and introduced a 2009 forecast of 15.8 million.

Toyota chief: Growth behind quality woes
BusinessWeek - President Katsuaki Watanabe said the company has improved quality controls, and is sticking to its sales targets, including those in North America, despite worries about a credit crunch and a slowdown in the auto market.

Electronic Arts starts tender offer for Take-Two
CNN Money - EA made a tender offer for rival Take-Two, maker of the Grand Theft Auto video game series. NEW YORK (CNNMoney.com) — Electronic Arts said Thursday it has launched an all-cash tender offer to buy rival Take-Two for $26 a share. The offer to buy

RealtyTrac: Ohio 7th, Ky. 45th in foreclosure rates
Business Courier - Foreclosures up in Maryland, down in D.C. and Virginia [Baltimore] Foreclosures continue to rise in Alabama [Birmingham] Foreclosures up in Maryland; down in D.C. and Virginia [Washington, D.C.] Ohio remained among the 10 states with the highest U.S

Chrysler to close center in Carlsbad
San Diego Union-Tribune - In all, more than 30 concepts were produced and exhibited at auto shows. Nissan North America recently offered voluntary buyouts for design staff at its design studio in San Diego and at the Farmington Hills, Mich, facility.

Electronic Arts launches tender offer for Take-Two
Reuters Canada - Take-Two, publisher of the popular “Grand Theft Auto” video games, last month rejected EA’s unsolicited all-cash offer at the same price. The bid represents a 64 percent premium over Take-Two’s closing stock price on February 15, the last trading

Sensex nosedives 771 pts on all-round selling
Sify - The Auto and Healthcare indices lost 2.45% and 2.69% respectively while the FMCG index, which suffered the least damage, closed with a loss of 1.95%

Houston Chronicle - According to preliminary calculations, the Dow Jones industrial average after slumping more than 100 points briefly during afternoon trading finished down 7.49, or 0.06 percent, to 12,258.90.

Streaking Warriors hold off slumping Trail Blazers for victory
Ashland Daily Tidings - Stephen Jackson hit six 3-pointers while scoring 29 points, and Monta Ellis added 22 points and 10 rebounds as Golden State beat the Trail Blazers 110-104 for its seventh win in nine games.

Washington Post - The poll had a margin of error of 3.7 percentage points. Obama, a senator from Illinois who would be the country’s first black president, leads in the race for the 2,025 delegates needed to win the nomination at the party’s summer convention.

We are looking for voluntary translators from Arabic into English.
Uruk Net - we have no other choice,” Vilnai said, referring to the large-scale military operation he said Israel was preparing to bring a halt to the rocket fire. “We re getting close to using our full strength. Until now, we ve used a small percentage

Housing bust means at least 12 more months of pain
Reuters - That will slash economic growth by more than a percentage point over the next 12 months, said the study by David Greenlaw of Morgan Stanley, Jan Hatzius of Goldman Sachs, Anil Kashyap of the University of Chicago, and Hyun Song Shin of Princeton

Primary judgment: Tuesday’s Ohio contests, plus 3 other states may
Toledo Blade - Obama by a 16-percentage-point margin to do the same. A spokesman for Mrs. Clinton said the math calculations don’t fully recognize the role of the super delegates and said the two candidates are still very close in both delegates and the popular vote

Federal government makes $2 million in rogue electronic deposits
940 News - The number of rogue deposits has stayed roughly the same over the last few years while overall volumes have increased, so the percentage of wayward payments - small to begin with - is getting even smaller, she added.

Ruling Socialists hold slim polls lead a week before Spanish general
International Herald Tribune - Center-right Newspaper El Mundo’s Sigma Dos poll found that Zapatero’s image in front of voters fared better than Rajoy’s by 2 percentage points also within the margin of error.

Frenzy greets returning Forsberg
Denver Post - Not only that, the Avs rank last in the league in power-play goals percentage at 13.4. At the moment, the question isn’t so much whether Forsberg can make an impact, but when.

Guardian Unlimited - This week the cost of borrowing for loans of between 75% and 95% of the value of a home will rise by 0.2 of a percentage point, wiping out the impact of the last cut in the Bank of England’s base rate.

Credit crunch comes home
Guardian Unlimited - When Samuel Beckett tired of entertaining houseguests, he did not ask them to leave. No, that would be far too obvious. Instead, he simply did not turn on the lights. As inky night came rolling in, runs the possibly apocryphal story, unwanted

Backe to miss first start with bone bruise in foot
Houston Chronicle - Feb. 29: Spring training home opener (vs. Cleveland) March 17: Final visit to Dodgertown March 28-29: Exhibitions at Minute Maid Park (vs. Detroit)

Roddick overpowers Stepanek to win SAP Open
International Herald Tribune - But that was probably a bad omen considering the Sharks have one of the worst home records in the NHL. Roddick improved to 4-0 in his career against Stepanek, also beating the Czech native last summer in Washington in a match he said he was lucky to

Pressure mounts on Speaker amid complaints over his expenses
Guardian Unlimited - It turned out that she had been accompanied by her housekeeper. Claims in two Sunday newspapers that Martin claimed 17,166 last year towards the cost of his Glasgow constituency home, on which he no longer pays a mortgage.

End of the line for Lady Amherst’s pheasant
The Independent - One of the country’s most beautiful creatures is almost certain to become the first bird to become extinct in Britain since 1840. The glamorous Lady Amherst’s pheasant is destined to disappear from the countryside after years of steadily decline

Kiprusoff, Flames stump Wild to take division lead
USA Today - Captain Jarome Iginla said recent road wins in Dallas and Minnesota sandwiched around a home win against Detroit may not have been pretty, but each time the end result has been two points.

The Ledger - The jury also found him guilty of armed robbery and attempted voluntary manslaughter stemming from his attack on Powell s wife, who escaped death by falling to the floor and playing dead. Prosecutors have said they will seek the death penalty. The

Finding Canada’s place in the world
Globe and Mail - J.L. Granatstein sounds like he’s completely bogged down in the past. What does he mean by our “national” interests? The new multicultural Canada is a coutry that combines many nations, sometimes with different interests. Also, it is so 20ieth

Les Bleus lose their maestro for England visit
The Independent - Sheridan is falling ill a little too often for English comfort just at the moment. Frank Hadden, the Scotland coach, drafted two of his stricken individuals, Rory Lamont and Simon Webster, back into a 25-man squad for the meeting with Ireland on

Rich Hofmann: Is Forsberg the right man for Flyers now?
Philadelphia Daily News - Anybody with eyes can read the NHL standings and see the Flyers falling farther and farther, now down to seventh place in the Eastern Conference. Anybody with a wristwatch can tell how long the dressing-room door remained closed after the 5-3 loss to

Reeling Flyers Can’t Look to Forsberg
Newsday - PHILADELPHIA - Not even a month ago, the Flyers talked about earning a No. 1 seed in the Eastern Conference, home-ice advantage in the playoffs and how great it would be for Peter Forsberg to return and add to all the fun. Instead, after a seven-game

Security or defence: why the military feels misunderstood
Guardian Unlimited - Officials and retired generals mutter that Britain’s much-admired armed forces are slowly falling apart under the strain of overseas expeditions, from Kosovo and Sierra Leone to Iraq and Afghanistan, which have cumulatively lasted longer than the

Canada is falling behind in service innovation
Globe and Mail - Canada is falling dangerously behind in service innovation. While Finance Minister Jim Flaherty has recently announced the government’s promise of a new R&D strategy to boost Canadian productivity, it does not address the real challenge facing us

The month that’s blowing hot and cold
The Independent - More fog and frost is predicted for today, with overnight temperatures falling to -9C, but by the end of the week temperatures will be in the low teens. To submit your weather pictures: independent.co.uk/yourpictures Interesting? Click here to explore

Miami Herald - Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from personal comments and remarks that are off point. Thank you for taking the time

Forbes - RBC Capital Markets is the corporate and investment banking arm of RBC and is active globally in debt origination, sales and trading, foreign exchange, infrastructure finance, structured products, metals and mining, and energy. Its North American

IMA Launches New Finance, Governance, Risk and Compliance (FGRC
Forbes - The Institute of Management Accountants (IMA(R)) announced today the launch of its new Finance, Governance, Risk and Compliance (FGRC) research practice, leveraging three years of research and thought leadership including testimony and input provided

Bush signs economic stimulus bill
International Herald Tribune - Bush also pressed Congress to pass reforms to how housing finance authorities Fannie Mae and Freddie Mac are regulated, modernize the Federal Housing Administration and permit state housing agencies to issue tax-free bonds to help homeowners

Peru wants to list shares of state-run companies
Reuters - LIMA, Feb 13 (Reuters) - Many of Peru’s state-owned companies could list on Lima’s stock exchange under a plan to develop local capital markets and allow private funds to invest in state-run companies, the finance ministry said on Wednesday. About

Clinton makes fresh push in Wisconsin
Miami Herald - Personal Finance Sen. Barack Obama has been lavishing attention on the historically independent voters of Wisconsin. Rival Sen. Hillary

Gymboree VP of finance exercises options
MSN MoneyCentral - NEW YORK (AP) - The vice president of finance for children’s clothing retailer Gymboree Corp. exercised options for 5,000 shares of common stock, according to a filing with the Securities and Exchange Commission on Tuesday. In a Form 4 filed with the

Colombia May Reduce Rates to Spur Growth, Cano Says (Update2)
Bloomberg - Finance Minister Oscar Ivan Zuluaga said in a Jan. 15 interview that the prospect of U.S. interest rate cuts may extend the peso’s rally against the dollar, making Colombian exports less competitive in overseas markets. Colombian Peso

Democratic National Committee: McCain Myth Buster Day 1: John McCain
Forbes - In 2001, the New York Times described Senator McCain as a “champion of strict government regulation of campaign spending,” and called campaign finance reform “the issue that propelled his presidential campaign in 2000.” [New York Times, 10/22/01]

MSN MoneyCentral - DETROIT, Feb. 11 /PRNewswire-FirstCall/ — Thomas Ogden, Comerica Bank Michigan Market President today announced the creation of the Comerica Tax Assistance Loan Fund, which will assist low and moderate income homeowners living in Detroit who are at

Data Center University(TM) Courses Generate Good Returns for Bank of
Forbes - Matthew Lewis needed answers. The data center he oversees at Bank of America was barely seven years old, yet it was already stressed. It was at maximum capacity for power and cooling, and there were airflow problems and overall efficiency issues. “I

FACTBOX-Investment bank reporting dates (UPDATED)
Reuters - Below is a list of upcoming earnings dates for global investment banks with confirmed or tentative dates, along with an EPS forecast and the number of analysts polled. The credit crunch has hit the financial sector hard and investors will be looking

Exponent to Present at the Upcoming Deutsche Bank Small and Mid Cap
MSN MoneyCentral - Deutsche Bank Small and Mid Cap Growth Conference Date: Wednesday, February 13, 2008 Presentation Time: 2:40 p.m. ET Location: The Ritz-Carlton, Naples, Florida Speaker: Mike Gaulke, Chairman and CEO Baird’s 2008 Business Solutions Conference Date

Renasant Bank President Hart wins excellence award
MSN MoneyCentral - Rick Hart, president of Renasant Bank of Tennessee, has been named a Leader in Banking Excellence by the Tennessee Bankers Association. Hart began his banking career in 1973 at Third National Bank in Nashville. During his career, Hart has organized

Incapital to buy Bank of America’s LaSalle Broker Dealer Services unit
CNBC - SAN FRANCISCO (Thomson Financial) - Incapital LLC said Monday it will acquire Charlotte, N.C.-based Bank of America Corp.’s LaSalle Broker Dealer Services Division in a deal expected to close in the first quarter of this year. Terms of the deal were

NexTier Bank Selects Dynamic Card Solutions for Instant Issuance
Forbes - Dynamic Card Solutions (DCS), developer of CardWizard(R), the leading instant issue and PIN selection software application for financial institutions, today announced that NexTier Bank, an innovative, full-service financial institution, has selected

National City Becomes Chicago’s Fourth Largest Bank
Forbes - CLEVELAND, Feb. 11 /PRNewswire-FirstCall/ — A month before St. Patrick’s Day, Chicago and Milwaukee are already turning green - National City green, that is. Today marks the conversion of 80 former MidAmerica Bank branches and more than 115 ATMs to

Australian central bank issues blunt warning on interest rates
International Herald Tribune - SYDNEY : The Australian central bank bluntly warned Monday that it probably would need to raise interest rates again to restrain inflation, even as it trimmed its outlook for economic growth. The unusually explicit warning from the Reserve Bank of

Houston Chronicle - Hopefully, the SuperLiga games are at home, and that will be our homestand,” Kinnear said. The team will take a break July 24 for the MLS All-Star Game in Toronto. Half of the Dynamo games will be televised nationally by Fox Soccer Channel (four

State schools shunned for home education
Guardian Unlimited - Parents are increasingly seeking alternative forms of education such as home schooling or Steiner schools to free their children from the state sector’s regime of testing and targets, academics suggest today. Most English pupils now start formal

Lumberjacks fall short at home
AZCentral.com - FLAGSTAFF - The Northern Arizona men’s basketball team lost 71-68 to Portland State on Thursday night at the Walkup Skydome in a battle for first place in the Big Sky Conference. It was the Lumberjacks’ third consecutive conference loss. The

New worry descends on homeowners: Option ARMs
Seattle Post Intelligencer - The loans accounted for 8.9 percent of the almost $3 trillion in U.S. home loans made in 2006, up from 8.3 percent in 2005, according to an estimate by industry newsletter Inside Mortgage Finance. Originations of option ARMs fell 50 percent during

Delegation approves mobile-home bill
Baltimore Sun - Mobile-home park residents in Howard County have a better chance of buying the land under their homes rather than be evicted for redevelopment, in the wake of a unanimous vote by the local delegation to the General Assembly. Despite last-minute

Leader: Save the world - stay at home
Silicon.com - If you’re not working remotely already - either from home, wandering around the campus or on the road - chances are it’s only a matter of time until you do. Probably your colleagues are right now logged into the office from anywhere from the US to

Home building, closings down by half in 2007
St. Petersburg Times - A mid-year credit crunch combined with a saturated housing market helped cut Tampa Bay-area new home construction by more than half in 2007. The depth of last year’s builder bust emerged in a report released Thursday by housing forecaster Metrostudy

Anglican leader’s sharia comment sparks row in Britain
CNBC - Britain is home to nearly 1.6 mln Muslims, some 2.7 pct of the total population, according to the 2001 national census. The press also laid into Williams’s comments. The Sun tabloid ran a headline “What A Burkha”, while the Independent broadsheet said

Compass Profit Tops Estimates on New Catering Accords (Update2)
Bloomberg - It also caters Wrigley Field, home of Major League Baseball’s Chicago Cubs, and counts U.S. computer maker Dell Inc. and oil company Royal Dutch Shell Plc among its corporate customers. Compass shrunk eight divisions into four in the

Home repossessions to hit eight-year high
Times Online - The number of homes that were repossessed by lenders jumped by a third in 2007 as an increasing number of people fell behind with their mortgage repayments, figures out later this morning are expected to show. The Council of Mortgage Lenders is