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DETROIT (AP) - General Motors says the troubled mortgage industry and frozen credit markets have raised doubts that the mortgage business of its GMAC financial arm can survive. The automaker said Monday in a filing with the Securities and Exchange ...
- www.nypost.com
ALBANY, N.Y. - New York Gov. David Paterson, a big supporter of Barack Obama, fears that if his fellow Democrat becomes president he, like others before him, will neglect New York's dire fiscal needs. If "he's president and he knows he can always...
- www.planetark.org
HONG KONG - Natixis Private Equity Asia Capital (NPEA) sees opportunity in China's renewable energy sector, particularly wind power companies and makers of energy-efficient equipment, but has reduced its exposure to solar-power companies.
- www.forexhound.com
USD and JPY Rise on Further Signs of Global Economic Contraction Forex Hound, NY - Oct 16, 2008 Retail sales excluding autos fell a more-than-expected 0.6% m/m but rose 3.6% y/y. Overall, retail sales will likely become weaker in the coming months. ...
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