Word: banking
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Analysts were mostly positive. David Cole, chairman of the Center for Automotive Research, said critics have underestimated GM's resilience. "They have a lot of resources, and if they need to, they can always go back to the UAW for help," Cole said. Rod Lache, an analyst for Deutsche Bank, agreed, saying, "It looks like [GM's] cost structure is pretty competitive." But, he said, "where they're at a disadvantage versus other mass-market automakers is in pricing." Buyers won't pay as much for a GM vehicle as they will for a Toyota or Honda. GM stock dipped...
...schools will try to pass along some of the cost increases to families already grappling with higher grocery bills. An additional 1.5 million Americans were receiving food stamps in March compared to a year earlier, according to the USDA. Meanwhile, America's Second Harvest, the nation's largest food-bank network, reported a 20% increase in the number of people seeking food aid this spring compared to a year ago. And this summer more parents have signed their kids up for camps that make use of free lunch programs. "More and more children are coming to child care hungry," said...
Police investigators accuse Olmert of putting the surplus money into a private bank account, amassing upwards of $100,000 over the years, and dipping into it for his family vacations. The Prime Minister's Office denies the charges and says that Olmert paid for his private trips with frequent flier miles. His office blames the police for "a misleading attempt to create drama...
...Bank Job Directed by Roger Donaldson; rated R; out July 15 Based on the 1971 robbery of a London bank, this savory heist film adds spicy photos of aristocrats to the haul. Jason Statham, ever the East End Bruce Willis, leads the amateur cracksmen as they get tangled in about 56 subplots involving MI5, good and bad cops, porn dealers, black radicals and jealous wives. A burly, burrowing pleasure...
...same time, many on Wall Street and in Washington fear that the correction could careen into an economic cataclysm. That's why the Fed has intervened at the top of the financial food chain by cutting interest rates and bankrolling a shotgun takeover of the investment bank Bear Stearns. And it's why there's been lots of talk in Washington about doing something--anything--to slow the tide of mortgage foreclosures...