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Business and financial news - CNNMoney.com
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Tough day for stocks
Stocks plunged Monday, with the Dow down as much as 800 points during the session, as the $700 billion bank bailout plan and European government attempts to prop up faltering banks failed to comfort panicky investors.
Publ.Date: Mon, 06 Oct 2008 17:51:34 EDT
Source: CNN.com
The view from Silicon Valley
The heads-down, can-do entrepreneurs, and libertarian-minded financiers who populate the tech industry aren't typically the sorts to long for a government handout. But in the wake of the Treasury Department's $700-billion-plus rescue plan, Peter Thiel speaks for many when he asks a simple question: "What happened to the dot-com bailout?"
Publ.Date: Thu, 02 Oct 2008 09:55:43 EDT
Source: CNN.com
Apple defeats music rate hike
It looks like Apple won't be closing the iTunes store because of a dispute with music publishers over royalties on downloaded songs.
Publ.Date: Thu, 02 Oct 2008 18:21:51 EDT
Source: CNN.com
FedEx CEO: 'Economy will come around'
If you're looking for insight into the global economy, Fred Smith is a pretty good place to start. As CEO of Memphis-based package-delivery giant FedEx, he oversees an army of some 290,000 workers who collectively move 7.6 million parcels daily to more than 220 countries.
Publ.Date: Mon, 06 Oct 2008 04:37:55 EDT
Source: CNN.com
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