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Novartis closer to $38B Alcon takeover - 7/8/2008 5:41:54 PM Novartis AG said Tuesday it has completed the first stage of its $38 billion takeover of U.S. eye-care company Alcon Inc.
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Fed to curb shady home-lending practices - 7/8/2008 5:41:53 PM The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures
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US, allies want global pollution slashed _ by 2050 - 7/8/2008 5:41:52 PM World leaders embraced for the first time on Tuesday an ambitious but nonbinding goal of slashing greenhouse-gas emissions in half by midcentury to stave off global warming. Unimpressed
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The Closing Bell: A happy Dow - 7/8/2008 5:41:48 PM Wall Street finished sharply higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The
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Alcoa’s Profit Falls on Higher Costs - 7/8/2008 5:06:33 PM Surging costs at the aluminum producer more than offset a jump in prices, sending second-quarter profit lower. The results beat Wall Street expectations,
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Fed to Restrict Exotic and Subprime Mortgages - 7/8/2008 5:05:19 PM Ben S. Bernanke said the Fed would issue new lending rules and may extend its temporary financial lifeline to major Wall Street
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Stocks End Sharply Higher as Oil Prices Slide - 7/8/2008 4:50:22 PM Wall Street posted big gains as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial
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Stocks rise on decline in oil, Bernanke talk - 7/8/2008 4:32:03 PM Wall Street finished sharply higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The
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Ka-ching! Consumers borrow mostly on credit cards - 7/8/2008 4:32:02 PM Consumers boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases.
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Oil extends slide into 2nd day, losing over $5 - 7/8/2008 4:32:02 PM Oil tumbled more than $5 a barrel Tuesday in its second big drop this week, hurling crude back to levels not seen since June 26 as traders wary about the health of the global economy cashed in gains
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