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Reuters.com reports U.S. regulators took over two small banks on Friday, in Michigan and Illinois, bringing the tally of bank failures to 15 so far this year. The Federal Deposit Insurance Corp. said it had seized Main Street Bank of Northville,...
Senator Dodd says he wouldn't expect anything to happen in the next hour or two or this evening. Dodd says he is still confident Congress will still pass a bailout bill.
As mentioned at 8:18, UBS downgraded SPWRA to Sell, and ESLR, ENER, and SOLR to Neutral. UBS now estimates '08 and '09 solar demand will be 4.4GW and 5GW, lower than 5.0GW & 7.3GW previously...
The Wall Street Journal reports Japan has slipped into recession for the first time since 2001, joining Europe in a global economic downturn, as Japanese companies cut spending amid weak exports and consumer demand failed to lift the world's...
an excellent blog, only trouble its seems no longer being updated with the latest News, but still some excellent content to ponder over from previous postings.