Financial news on November 1st, 2008
Business and Financial news
The wildest month in the history of Wall Street ended on Halloween with both scary and thrilling price movements. Read more..
There are serious, smart plans to help struggling homeowners. And yet one plan is still missing. Where, oh, where is the government’s plan? Read more..
Barclays plans to raise $11.8 billion by selling shares to Abu Dhabi and Qatar to meet Britain’s new capital requirements for banks without the government’s help. Read more..
Burger King Holdings said quarterly profit rose 2 percent as consumers sought less expensive food. Read more..
Consumer cutbacks could lead to falling prices, suffocating investment and worsening joblessness for months. Read more..
Scientists said the F.D.A. had produced a flawed safety assessment of a chemical used for decades in baby bottles and food storage containers. Read more..
The elaborate, two-film “Tintin” series planned by Steven Spielberg and Peter Jackson may find its financiers in a partnership being forged by Sony and Paramount. Read more..
Avon’s chairwoman and chief executive, Andrea Jung, discusses how the company’s direct-selling model can improve the lives of women in developing countries. Read more..
Shares rose on the last day of October, which is on track to be the worst month for U.S. stocks since 1987. Read more..
As Abu Dhabi emerges, Khaldoon al-Mubarak, the 32-year-old director of a high-profile development fund, is the perfect avatar. Read more..
See what else happened on November 1st, 2008