- Britain urges steps to insure financial system
ST. ANDREWS, Scotland (AP) -- Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change....
- Banks in Ga., Mich., Minn., Mo., Calif. closed
CHARLOTTE, N.C (AP) -- Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans....
- House opens debate on health care overhaul bill
WASHINGTON (AP) -- President Barack Obama's landmark health care overhaul moved toward a vote in the House Saturday after anti-abortion lawmakers won a chance to knock out language that would let federally subsidized health care plans cover abortions....
- Analysis: 10 percent jobless is Obama's new world
WASHINGTON (AP) -- For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent....
- China offers Africa more trade, investment
BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
- Both sides set to vote on Philly transit contract
PHILADELPHIA (AP) -- Members of Philadelphia's largest transit union and the Southeastern Pennsylvania Transportation Authority are set to vote on a contract to end the strike that has idled buses, subways and trolleys for five days....
- South Korean workers protest gov't labor policy
SEOUL, South Korea (AP) -- Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws....
- Berkshire Hathaway says 3Q profit triples to $3.2B
OMAHA, Neb. (AP) -- Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled....
- Freddie Mac loses $6.3B in 3Q
WASHINGTON (AP) -- Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion....
- Stocks post modest gains as job losses slow
NEW YORK (AP) -- Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday....
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