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Archive for November 2011

Nov/11

30

GOP lays out payroll tax cut plan

Senate Republicans on Wednesday released the outlines of their proposal to extend the payroll tax cut — and it differs significantly from one put out by Senate Democrats.
Business and financial news – CNNMoney.com

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Nov/11

30

STOCKS IN HUGE RALLY

Investors around the world cheered and raced to scoop up stocks Wednesday, after the Fed said that it will act with other central banks to boost liquidity and support the global economy.
Business and financial news – CNNMoney.com

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Nov/11

30

FED TO THE RESCUE

The Federal Reserve, acting with five other central banks, took further steps Wednesday to make it cheaper for banks around the world to trade in U.S. dollars.
Business and financial news – CNNMoney.com

Nov/11

30

S&P downgrades dozens of banks

Standard and Poor’s downgraded the credit ratings of dozens of banks Tuesday, after applying new criteria to the world’s 37 largest financial institutions.
Business and financial news – CNNMoney.com

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Nov/11

30

Stocks edge higher on hopes for Europe

U.S. stocks finished mostly higher Tuesday, with the Dow and S&P extending gains from the previous day’s rally, as investors remained hopeful that leaders are making progress on addressing the eurozone debt crisis.
Business and financial news – CNNMoney.com

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Nov/11

30

BANK OF AMERICA – NEW LOW

Another trading day and another low for Bank of America’s stock.
Business and financial news – CNNMoney.com

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Nov/11

29

FACEBOOK’S WRIST SLAP

Facebook has agreed to 20 years of privacy audits to settle a lengthy privacy complaint from the Federal Trade Commission, which says Facebook misled its members about its use of their private data.
Business and financial news – CNNMoney.com

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Nov/11

29

AMERICAN IN BANKRUPTCY

American Airlines’ parent company, AMR Corp., announced Tuesday that it has filed for chapter 11 bankruptcy.
Business and financial news – CNNMoney.com

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Nov/11

29

Stock rally on Black Friday sales

U.S. stocks posted sharp gains Monday, following reports of strong Black Friday weekend sales and amid optimism that European leaders may be working toward a solution to the continent’s debt crisis.
Business and financial news – CNNMoney.com

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Nov/11

29

EUROPE EYES NEW PACT

Under pressure to avert a financial meltdown, European leaders are working on a new plan to ensure fiscal discipline across the euro area.
Business and financial news – CNNMoney.com

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