Financial news on February 21, 2009
Business and Financial news
The idea of the clause is to rev up the American economy, but the stimulus bill is full of exceptions, allowing many imports. Read more..
Long spurned in the international market, China has invested $41 billion in global oil projects this week alone. Read more..
With its endowment suffering its worst loss in 40 years, Harvard is scrambling to pay its short-term bills. Read more..
Prices advanced for the first time since July, but a severe economic downturn was likely to keep inflation muted in the months ahead. Read more..
Enel, Italy’s biggest utility, agreed to buy a 25.01 percent stake in Endesa from Acciona. Read more..
The Kirin Holdings Company of Japan plans to take a 43 percent stake in the San Miguel Corporation’s Philippine beer unit, San Miguel Brewery. Read more..
A report raises the question of how fake statements were generated in the absence of any genuine trading. Read more..
White House assurances helped stem some losses after fears that the country's largest banks could be nationalized roiled stock markets. Read more..
Ms. Jacobus was a New York Times Company executive who had headed The Boston Globe and later led the company’s chain of regional newspapers. Read more..
A scandal involving securities that were called C.D.’s suggests that even these conservative investments warrant a close look. Read more..