http://www.globalstrategywatch.com Corporates daily 1 2008-07-17T01:44:28Z http://www.cjr.org/the_audit/wsj_watchdogs_skethy_conseco_i.php The Journal has a nice story today shining a light on the Conseco insurance company offloading some unprofitable long-term-care policies into a trust that may not be able to cover them. The trust will pay claims from a pool of funds transferred to it from Conseco, including $175 million in capital. But A.M. Best Co., the insurance-rating firm, warns that... No publisher bcarliner business 2008-12-03T19:35:07Z Feed Item http://feedproxy.google.com/~r/TheGlobeAndMail-Business/~3/KJx6o7v3SaU/ Move to affect 3,500 workers; some production moves to Ontario No publisher bcarliner business 2008-12-03T19:35:07Z Feed Item http://news.bbc.co.uk/go/rss/-/2/hi/business/7762145.stm German chipmaker reports a seventh straight quarterly net loss because of falling chip prices and weakening demand. No publisher bcarliner business 2008-12-03T19:35:12Z Feed Item http://news.bbc.co.uk/go/rss/-/2/hi/business/7762709.stm The German car market is suffering an unprecedented slowdown, the country's main trade body warns. No publisher bcarliner business 2008-12-03T19:35:11Z Feed Item http://tbm.thebigmoney.com/blogs/feeling-lucky/2008/12/03/anatomy-downturn The Wall Street Journal dedicated today's front page to Google's dwindling fortunes, and how the company has reacted to the broader economic meltdown. It's a study in how Silicon Valley firms slide from the glorious start-up days into the middling reality of running a company that doesn't know how to mint money anymore, and no one has been more glorious than Google. read more No publisher bcarliner business 2008-12-03T19:35:03Z Feed Item http://www.nytimes.com/2008/12/04/business/worldbusiness/04edf.html?partner=rss&emc=rss Electricité de France has offered $4.5 billion for half of Constellation Energy’s nuclear power unit, a deal that could scuttle a takeover by Warren E. Buffett. No publisher bcarliner business 2008-12-03T19:35:12Z Feed Item http://feedproxy.google.com/~r/slate/~3/KyEtWOSpfFM/ The New York Times, Washington Post, Los Angeles Times, and Wall Street Journal lead with the restructuring plans that Detroit's Big Three presented to lawmakers yesterday in hopes that it will help garner support for billions of dollars in government assistance. On the same day as new industry-wide figures revealed that November was the worst sales month in 26 years, two of Detroit's giants made it clear they're hanging on by a string. General Motors could collapse by the end of the year and said it needs an immediate injection of $4 billion and will need as much as $18 billion in loans over the next year. Chrysler could suffer a similar fate and asked for a $7 billion loan before the end of the year, and Ford asked for a $9 billion line of credit but took pains to emphasize that it might not need it. The automakers will make their case to lawmakers this week, and Democratic leaders said they hope to have a bill ready by next Friday. [ more ... ] No publisher bcarliner business 2008-12-03T19:35:09Z Feed Item http://www.nytimes.com/2008/12/03/us/03michigan.html?partner=rss&emc=rss Many people in Michigan said in interviews that they could no longer see why the Big Three should be singled out for rescue. No publisher bcarliner business 2008-12-03T19:35:09Z Feed Item http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/zaHSDo_OdPE/SB122826204920774031.html No publisher admin business 2008-12-03T17:56:28Z Feed Item http://news.bbc.co.uk/go/rss/-/2/hi/business/7755262.stm The cross-London plan may face funding issues No publisher admin business 2008-12-03T17:56:27Z Feed Item http://traxfer.ft.com/cms/s/0/b7fa53b0-c095-11dd-9559-000077b07658.html?o=%2Frss%2Fcomment The technological capabilities of China and India create more commercial opportunities than threats, writes John Kay No publisher admin business 2008-12-03T17:56:29Z Feed Item http://www.nytimes.com/2008/12/03/business/economy/03views.html?partner=rss&emc=rss The banking giant’s chief isn’t known for making good deals, but this one’s a killer. No publisher admin business 2008-12-03T17:56:27Z Feed Item http://www.nytimes.com/2008/12/03/business/03auto.html?partner=rss&emc=rss General Motors said it needed an $18 billion package in loans and lines of credit and that it will cut jobs, factories, brands and executive pay. No publisher admin business 2008-12-03T17:56:28Z Feed Item http://feedproxy.google.com/~r/slate/~3/v9lgSnMumfk/ Who says America's Big Three automakers are lumbering, bureaucratic relics incapable of reading the public mood? Just last month, their CEOs traveled to Washington on their corporate jets. (At least partly because of that decision, they returned home with no federal largesse and hardly any public sympathy.) For this week's visit, at least two of the CEOs plan to drive—and the third, Chrysler's Robert Nardelli, says he won't be taking a private jet. [ more ... ] No publisher admin business 2008-12-03T17:56:28Z Feed Item http://feedproxy.google.com/~r/TheGlobeAndMail-Business/~3/rhUTKzDfuA4/ GM seeking up to $18-billion, tells U.S. Congress its collapse could have ‘severe, long-term consequences to the U.S. economy' No publisher admin business 2008-12-03T17:56:29Z Feed Item