Financial news on December 13, 2008

Business and Financial news
Canada Agrees to Supplement Aid to Auto Industry

The head of the Canadian Auto Workers urged the Canadian government to offer an aid package to help force action in Washington. Read more..

By IAN AUSTEN - The New York Times

Coaches for a Game of Money

As the economy sputters, there is a growing impetus to give millions of Americans something they badly need: financial advice. Read more..

By M. P. DUNLEAVEY - The New York Times

For Investors, Trust Lost, and Money Too

Many of Bernard L. Madoff’s clients are facing an abrupt reversal of fortune that is the stuff of nightmares. Read more..

By DIANA B. HENRIQUES and ALEX BERENSON - The New York Times

Getting Into the Tank With a Pool Shark

Harry Hurt III plays a game of billiards, a uniquely noble executive pursuit with a long and glorious tradition. Read more..

By HARRY HURT III - The New York Times

G.M. to Idle Most Plants for About a Month

G.M.expects to build 250,000 fewer vehicles in the first quarter, compared to the 885,000 made in the 2008 period. Read more..

By NICK BUNKLEY - The New York Times

International Paper to Reduce Work Force

The world’s largest makers of office paper plans to cut its global work force by 1,000 to 1,500 employees by the end of next year. Read more..

By BLOOMBERG NEWS - The New York Times

It’s the New Economic Reality. Work With It.

An adviser to the rich recommends four strategies that the wealthy (and even the less than wealthy) can use to better manage their financial and emotional lives. Read more..

By PAUL SULLIVAN - The New York Times

Japanese Leader Offers a Vast Stimulus Package

The sweeping $250 billion package was intended to create jobs, increase business loans and help laid-off workers. Read more..

By MARTIN FACKLER - The New York Times

Jay Leno’s Move Hints at Future of Prime-Time TV

The programming and viewing habits of the last 50 years are being replaced by an Internet-influenced time-shifting model of scheduling. Read more..

By BRIAN STELTER - The New York Times

Starting Over, With a Second Career Goal of Changing Society

Harvard's small but ambitious experiment for student-fellows in their 50s and 60s hopes to become a new “third stage” of university education. Read more..

By STEVE LOHR - The New York Times

See what else happened on December 13, 2008