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Reuters: Top News

Fed plan boosts Dow, S&P as Cisco sinks Nasdaq

published Tue, Nov 25 2008 19:46 GMT
NEW YORK (Reuters) - The Dow and S&P 500 gained on Tuesday on optimism that the Federal Reserve's latest rescue package could revive the sagging ... more

Rio Tinto under pressure on asset sales

published Tue, Nov 25 2008 19:45 GMT
SYDNEY/MELBOURNE (Reuters) - Global miner Rio Tinto Ltd said on Wednesday it was confident it could sell billions of dollars in assets to pay down ... more

U.S. officials find trace of melamine in baby formula

published Tue, Nov 25 2008 19:44 GMT
WASHINGTON (Reuters) - U.S. health officials have found trace amounts of the chemical melamine in one sample of infant formula sold in the United States, ... more

Bank "went wrong" in real estate: Citigroup CEO

published Tue, Nov 25 2008 19:41 GMT
NEW YORK (Reuters) - Citigroup Inc Chief Executive Vikram Pandit on Tuesday blamed prior management for diving too deeply into real estate, causing losses that ... more

Obama vows to slash wasteful spending

published Tue, Nov 25 2008 18:09 GMT
CHICAGO (Reuters) - President-elect Barack Obama vowed on Tuesday to cut billions of dollars from wasteful government programs as he sought to reassure Americans anxious ... more

More Americans are getting on the bus

published Tue, Nov 25 2008 17:17 GMT
NEW YORK (Reuters) - Many Americans have abandoned their love of getting behind the wheel during the last year, and opted to hop on buses ... more
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