http://NewsOnFeeds.com/section/US%20Business%20News/17/1 US Business News from NewsOnFeed.com en 60 http://NewsOnFeeds.com/images/small.nof.gif Advanced Micro Devices plans to spin off its chip plants and receive a lifeline of up to $8.43bn from Abu Dhabi as it struggles to compete with its larger microprocessor rival Intel Tue, 07 Oct 2008 01:47:51 -0500 http://NewsOnFeeds.com/article/8006754/AMD%20to%20sell%20chip%20plants%20in%20$8.4bn%20Abu%20Dhabi FT.com - Companies Americas Advanced Micro Devices plans to spin off its chip plants and receive a lifeline of up to $8.43bn from Abu Dhabi as it struggles to compete with its larger microprocessor rival Intel Tue, 07 Oct 2008 01:47:51 -0500 http://NewsOnFeeds.com/article/8007565/AMD%20spins%20off%20plants%20in%20$8.4bn%20Abu%20Dhabi%20deal FT.com - Companies Americas Carmakers facing falling sales asked Brussels for a €40bn ($55bn, £31bn) loan package yesterday. But the request from Acea, the European carmakers' lobby... Mon, 06 Oct 2008 21:00:00 -0500 http://NewsOnFeeds.com/article/8005755/Carmakers%20float%20EU%20loan%20request FT.com - US and Canada Mitsubishi corporation has bought a stake in Capula Investment Management, the $4bn London hedge fund, as the Japanese conglomerate expands in the US and UK Mon, 06 Oct 2008 17:43:27 -0500 http://NewsOnFeeds.com/article/8004800/MUFG%20buys%20stake%20in%20Capula FT.com - Companies US & Canada Citigroupand Wells Fargo agreed a truce until lunchtime on Wednesday in their bitter legal battle over the takeover of Wachovia, in an effort to gain more time to agree a deal to carve up the US's sixth-largest bank Mon, 06 Oct 2008 17:04:16 -0500 http://NewsOnFeeds.com/article/8004787/Citi%20and%20Wachovia%20in%20legal%20truce FT.com - Companies US & Canada Citigroup and Wells Fargo agreed a truce until lunchtime on Wednesday in their bitter legal battle over the takeover of Wachovia, in an effort to gain more time to agree a deal to carve up the US's sixth-largest bank Mon, 06 Oct 2008 17:04:16 -0500 http://NewsOnFeeds.com/article/8006776/Citi%20and%20Wachovia%20in%20legal%20truce FT.com - Companies US & Canada Richard Fuld, Lehman Brothers' former chief executive, tells members of Congress he had done all he could to save his company from collapse but was overwhelmed by a 'financial tsunami much bigger than any one firm or industry' Mon, 06 Oct 2008 16:34:15 -0500 http://NewsOnFeeds.com/article/8006772/Fuld%20breaks%20cover%20to%20defend%20his%20actions FT.com - Companies US & Canada Citigroup and Wells Fargo, under pressure from the Federal Reserve, are close to announcing a truce in their bitter legal battle over the takeover of Wachovia. Mon, 06 Oct 2008 15:12:33 -0500 http://NewsOnFeeds.com/article/8004179/Citi%20and%20Wells%20to%20call%20temporary%20truce FT.com - Companies US & Canada Former Lehman Brothers chief executive said he felt "horrible" about what had happened to the investment bank, but insisted Lehman was brought down by a crisis of confidence in the marketplace combined with a plague of naked short selling Mon, 06 Oct 2008 14:48:27 -0500 http://NewsOnFeeds.com/article/8003859/Fuld%20says%20Lehman%20victim%20of%20short%20sellers FT.com - World Dick Fuld blames the group's collapse on a plague of naked short selling and says he would go to his grave wondering why the US government opted to save AIG but allowed the bank to fail Mon, 06 Oct 2008 14:48:27 -0500 http://NewsOnFeeds.com/article/8006775/Fuld%20says%20Lehman%20victim%20of%20short%20sellers FT.com - World Citigroup on Monday sued Wachovia for up to $60bn in damages for breaking an exclusivity agreement when it clinched a rival deal to sell the bank to Wells Fargo Mon, 06 Oct 2008 11:56:39 -0500 http://NewsOnFeeds.com/article/8003369/Citi%20sues%20Wachovia%20for%20$60bn FT.com - Companies US & Canada Dick Fuld, chief executive of the failed investment bank, said he did everything he could to save his company from collapse, but was overwhelmed by a 'financial tsunami' Mon, 06 Oct 2008 09:27:06 -0500 http://NewsOnFeeds.com/article/8001805/Fuld%20says%20Lehman%20was%20victim%20of%20'tsunami' FT.com - World The US cancer drug maker agrees a $70 a share cash offer from Eli Lilly, which trumped an unsolicited approach from ImClone's partner Bristol-Myers Squibb Mon, 06 Oct 2008 08:11:17 -0500 http://NewsOnFeeds.com/article/8001806/ImClone%20backs%20$6.5bn%20Eli%20Lilly%20bid FT.com - Companies US & Canada JPMorgan economists have compared the US labour market with a boat sailing through rough seas over the past few months. The July data showed it "was taking on more... Sun, 05 Oct 2008 21:00:00 -0500 http://NewsOnFeeds.com/article/7998273/Sinking%20feeling%20as%20fall%20in%20jobs%20spreads%20wider FT.com - US and Canada Barack Obama is expected to hit back aggressively against John McCain today after the Republican gave the go-ahead to a fresh wave of attacks against the Illinois... Sun, 05 Oct 2008 21:00:00 -0500 http://NewsOnFeeds.com/article/7998275/Obama%20to%20hit%20back%20at%20McCain%20tactics FT.com - US and Canada