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Macy's loses $44M in third quarter |
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Wednesday, 12 November 2008 |
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Best Buy: 'Most difficult climate we've ever seen' Best Buy, the No. 1 electronics retailer, cut its full-year profit forecast Wednesday, citing continued weakness in consumer spending that it says has been exacerbated by the "recent turmoil in the financial markets."

 Dems, Bush at odds over automaker bailout A standoff between congressional Democrats and President Bush continued to brew Wednesday, as lawmakers pressed a skeptical administration to help ailing U.S. automakers.

 U.S. mortgage plan falls short The federal government's plan to streamline modifications of troubled loans held by Fannie Mae and Freddie Mac won't help the majority of people threatened with foreclosure, experts said.

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Last Updated ( Wednesday, 12 November 2008 )
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