Financial news on March 21st, 2009
Business and Financial news
The Energy Department’s alternative-energy loan guarantee program is meant to create jobs and develop carbon-free power sources. Read more..
Ben S. Bernanke said that compensation policies should be designed with financial companies’ long-term health in mind. Read more..
While still up for the week, the major indexes fell on concerns about how banks would react to efforts to heavily tax employee bonuses. Read more..
Bernard L. Madoff had ample opportunity to move money abroad and, facing 150 years in prison, has incentive to flee, the three-judge panel ruled. Read more..
Many of the letters were from ordinary people who believed their life savings were prudently invested with Bernard Madoff. Read more..
The Honda Insight, to be introduced on Tuesday, is being positioned as a more affordable hybrid car. Read more..
The White House said instead that it would assess the bill’s potential effect on efforts to stabilize the financial system. Read more..
The rising currency has slowed demand for exports, further dragging down the euro-zone economy. Read more..
From someone who’s been there, some practical tips on how to give a laid-off friend moral support and more. Read more..