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Countrywide talk lifts Wall Street Posted by: ReutersVideo
Video duration: 133 seconds Jan. 10 - U.S. stocks enjoyed their strongest two-day rally of 2008 after reports Bank of America is in serious talks to buy Countrywide Financial. The Dow jumped 117 points to 12,853. The S&P 500 rose 11 points to 1,420. The Nasdaq gained 13 points to 2,488. Conway Gittens reports from New York. Related: bank, business_gf, countrywide, financial, reuters, street, wall |
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Financial meltdown timeline Posted by: ReutersVideo
Video duration: 207 seconds Sep 30 - What began as a housing problem has mushroomed into what may be the biggest financial crisis since the Great Depression.In September, the titans topple like dominos, then the Federal Reserve and the Treasury respond with a $700 billion bailout plan. Fred Katayama reports from New York. Related: financial, meltdown, timeline |
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U.S. automakers appeal for help Posted by: ReutersVideo
Video duration: 131 seconds Nov 11 - The White House on Tuesday said it was open to considering any proposals from Congress to accelerate loans to the auto industry.President-e lect Barack Obama reportedly raised the issue of additional help for the auto industry -- perhaps an additional $25 billion -- in a meeting with President Bush on Monday. Jon Decker reports. Related: auto, auutomakers, industry, loans, obama |
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Virgin Galactic unveils spaceship Posted by: ReutersVideo
Video duration: 155 seconds Jan 23 - Richard Branson's Virgin Galactic showed off models of a spaceship it hopes will take spacetravel mainstream. Trips will initially cost about $200,000 and will eventually go down in price. That's far less than the $20 million reported cost of businessman Dennis Tito's trip on a Russian spacecraft in 2001, considered the first space tourist. Bobbi Rebell reports. Related: branson, galactic, richard, spaceship, virgin |
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U.S. job losses soar Posted by: ReutersVideo
Video duration: 105 seconds Nov. 7 - The American economy lost 240,000 jobs in October and the unemployment rate climbed to a high not seen since March 1994. Related: jobs, reuters |
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Stocks volatile as fear persists Posted by: ReutersVideo
Video duration: 109 seconds Nov. 21 - Wall Street swung between gains and losses early Friday as bargain hunters and fear mongers wrestled for control. Related: markets, reuters |
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Congress weighs auto bailout Posted by: ReutersVideo
Video duration: 94 seconds Nov 17 - American carmakers are hoping for some relief as Congress considers auto industry assistance options.Automakers are not only a symbol of industrial muscle in the world's richest country, but are also responsible for millions of American jobs that could be lost if the industry fails.Deborah Lutterbeck reports. Related: american, automakers, bailout, congress |
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House rejects bailout plan Posted by: ReutersVideo
Video duration: 149 seconds Sep 29 - The House of Representatives rejected a $700 billion bailout plan by a vote of 228 to 205.The bill would have authorized the Treasury Department to spend up to $700 billion to purchase broken mortgage-backed assets from banks with the goal of thawing frozen capital markets.Deborah Lutterbeck reports. Related: bailout, house, plan, rejects |
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Paulson weathers attacks Posted by: ReutersVideo
Video duration: 127 seconds Nov 25 - Treasury Secretary Paulson has been praised and criticized for his handing of the global economic crisis.With unemployment on the rise, the economy stalled, and consumers pulling back, conditions are grim - which may be an advantage for the Obama team.Deborah Lutterbeck reports. Related: economy, henry, obama, paulson, secretary, treasury, us. |
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Mixing Business and Facebook Posted by: ReutersVideo
Video duration: 138 seconds Aug 12 - Facebook users find they are in uncharted territory when it comes to online socializing with professional colleagues. Mixing business and Facebook has some users walking a fine line between their professional and personal identities. Privacy controls can do little to stop uncontrollable online friends from posting embarrassing information and photos. Bobbi Rebell reports. Related: at, business, facebook, work |
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First Stop: Pakistan Posted by: ReutersVideo
Video duration: 110 seconds Nov. 3 - Pakistan - the first stop for General David Petraeus as the new head of U.S. Central Command. The visit highlights American concern about a country seen as crucial to stability in Afghanistan and to defeating al- Qaeda. Related: afghanistan, al-qaeda, nato, pakistan, petraeus, taliban |
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Best Buy warns, credit fears rise Posted by: ReutersVideo
Video duration: 93 seconds Nov. 12 - Lowered profit forecasts at leading consumer electronics chain Best Buy and worries the credit crunch has spread kept recession worries at the forefront. Related: market, open, reuters |
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Postcard to U.S. President: Paris Posted by: ReutersVideo
Video duration: 65 seconds People in France send their first wishes to new U.S. President-elect Barak Obama. The French, who largely supported Obama as a candidate, were mostly delighted by his victory in the rain of Paris. Some visiting American students were too. Related: diplomacy, france, global, obama, paris, postcardstopresident, reaction |
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Global data adds to anxiety Posted by: ReutersVideo
Video duration: 84 seconds Nov. 11 - A slew of negative readings from China, Japan and Britain compounded global recession fears. Related: market, open, reuters |
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World's largest swimming pool Posted by: ReutersVideo
Video duration: 60 seconds Jan. 28 - The world's largest swimming pool has been built in Chile.The pool is a kilometer long and is as deep as 35 meters. Related: chile, largest, pool, swimming, worlds |
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