Fri 5 Dec 2008 | 12:55 EST
Home
Business & Finance
Markets
Deals
Industries
Stocks
Currencies
News
US
Politics
International
Technology
Entertainment
Lifestyle
Oddly Enough
Sports
Video
Pictures
Blogs
Do More With Reuters
RSSRSS Feed
Widgets
Mobile
Podcasts
Newsletters
You Witness News
Partner Services
CareerBuilder
Affiliate Network
Professional Products
Support (Customer Zone)
Reuters Media
Financial Products
About Thomson Reuters

Developing Story

GM needs $4 billion to get through December to meet monthly payment requirements it must pay at beginning of January: Wagoner  12:39pm EST

Today on Reuters 

Wachovia employees listen to Wells Fargo CEO John Stumpf during a news conference at the Wachovia corporate headquarters in Charlotte, North Carolina, October 15, 2008. REUTERS/Chris Keane

Economy bleeds jobs 12:15pm ET

Employers axed over half a million jobs in November, the worst tally in 34 years, as the recession inflicted a mounting toll on the labor market.  Full Article | Full Coverage 

The Verdict: "Employment blowout"
Blog: Your views on the jobs data
Pimco says jobs point to dismal Q4
Blog: Experts offer survival tips
Wachovia employees listen to Wells Fargo CEO John Stumpf during a news conference at the Wachovia corporate headquarters in Charlotte, North Carolina, October 15, 2008. REUTERS/Chris Keane

Economy bleeds jobs 12:15pm ET

Employers axed over half a million jobs in November, the worst tally in 34 years, as the recession inflicted a mounting toll on the labor market.  Full Article | Full Coverage 

The Verdict: "Employment blowout"
Blog: Your views on the jobs data
Pimco says jobs point to dismal Q4
Blog: Experts offer survival tips
Christopher Dodd (L), chairman of the Senate Banking Committee and Senator Richard Shelby listen to testimony from the leaders of the big Detroit automakers during hearing on a financial assistance package for the companies on Capitol Hill, December 4, 2008.

Bailout drive sputters 11:05am ET

Detroit's drive for a $34 billion emergency bailout was stuck in neutral as the CEOs began a second day of testimony on Capitol Hill.  Full Article | Full Coverage 

GM, Chrysler: Open to merger
Understanding, no consensus on aid
GM cuts shifts, output at three plants
Honda quits Formula One amid woes
BMW and Mercedes sales plunge

Breaking News

Bank of America shareholders approve Merrill Lynch purchase  12:29pm EST

investing

Nick Brien, CEO of Mediabrands/Universal McCann, speaks at the Reuters Media Summit in New York, December 4, 2008. REUTERS/Shannon Stapleton
Media agencies face turmoil

The advertising business could face major shifts over the next two years as clients cut budgets, demand higher return-on-investment, put advertising accounts into review, or seek to pay lower fees to agencies.  Full Article | Full Coverage 

James Saft
Banking spins destruction myth
James Saft

The banking myth, as expounded by insiders, is that we were hit by a perfect storm, a 1,000-year flood so unpredictable that we can't possibly be held accountable for it. An act of god, rather than the folly of man.  Commentary 

to

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 39.78 -6.28% 05 Dec 2008 12:44 EST
Gold 742.1 -2.90% 05 Dec 2008 11:34 EST

Reuters Business Blogs

  • DealZone
  • MediaFile
  • Shoptalk
Photo
Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

Photo
The drug war insanity

Albert Einstein defined insanity as doing the same thing repeatedly and expecting different results. It's a definition that fits the war on drugs, says columnist Bernd Debusmann.  Commentary 

Shoppers pass a window display at the high-end luxury goods maker Gucci along 5th Avenue in New York, November 19, 2008.
Holiday Shopping

Retailers and shoppers are adjusting to the impact of the financial crisis, especially during the busy holiday season. Take a closer look.  Full Coverage 

Pictures

View Slideshow 
View Slideshow View SlideshowSlideshow  
Learning how to be a teen
4:23am EST 
Teenage North Korean defectors attend special schools in the South where they learn skills that other teenagers take for granted, such as using a cell phone and surfing the web.
More Pictures...

Video

Play Video Play VideoVideo 
Hebron tense after evictions

Dec 5 - Renewed clashes erupt in the West Bank city a day after the eviction of Jewish settlers.  Play Video

 
Thai market blast
Medvedev on India nuclear mission
More Video...

Reuters Deals

The global destination for corporate leaders, deal-makers and innovators

Knowledge to Act