Reading Blog Digest
Reading Blog Digest
Posted Sunday November 2, 2008, 5:33 am, Over one day old
What's next for Fannie Mae and Freddie Mac after the government takeover of the mortgage giants? Ben Bernanke says there's time now to decide. "The conservatorships of Fannie Mae and Freddie Mac can usefully be viewed as a time-out to give everyone involved,...
Read Fed chief weighs future for Fannie, Freddie (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
Allegiant Air, which since June 6 has been providing service between San Francisco and Bellingham, Wash., the gateway to British Columbia, will switch to Oakland International Airport beginning Feb. 2. The move to Oakland is a cost-saving measure, said Tyri...
Read Allegiant Air to switch to Oakland airport (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling. The session's advance - which gave the market its first back-...
Read Stocks rise to add to week's large gains (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
AT&T iPhone users to get Wi-Fi access AT&T has teased us before about granting iPhone users free Wi-Fi access at its 17,000 hotspots. But now it looks like it's official. The phone carrier says iPhone users will be able to jump on its Wi-Fi network, found at...
Read AT&T iPhone users to get free Wi-Fi access (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
SHIP TRAFFICDue to arrive todaySHIPFROMPORT/BERTHYM GREATLOS ANGELESOAK/55STAR PRINCESSACAPULCOSFO/P35SROTTERDAM EXPRESSSEATTLEOAK/58PACIFIC LINKLONG BEACHOAK/58XIN CHANG SHULONG BEACHOAK/58Due to depart todaySHIPDESTPORT/BERTHROTTERDAM EXPRESSPANAMAOAK/58XIN...
Read SHIP TRAFFIC (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
When it comes to holiday travel plans, good things may come to those who waited. The major U.S. airlines have cut many fares for the Thanksgiving and Christmas seasons. The airlines, having their worst year since at least 2005, may see the price-cutting as...
Read Airlines begin cutting many fares for holidays (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
The governors of six states have asked the Treasury secretary and Federal Reserve chairman to take "immediate action" to help the troubled domestic automakers. General Motors Corp. and Chrysler LLC are in talks to combine in order to survive, but financing...
Read Governors ask feds to help auto industry (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
The flow of venture capital into U.S. clean-technology companies surged to another record - $1.6 billion - during this year's third quarter, Ernst & Young reported Thursday. Investments jumped 55 percent from the previous three months, with most of the money...
Read Record venture capital flow to clean tech (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
Liquidation sales start Friday at Mervyns, the 59-year-old department store chain based in Hayward that announced this month it will go out of business. In a federal bankruptcy court in Delaware on Thursday, attorneys representing the retailer and its...
Read Mervyns to start liquidation sales Friday (Links)
Posted Sunday November 2, 2008, 5:33 am, Over one day old
With no signs of immediate recovery for the economy, it is time to do more to strengthen the beleaguered housing market at the heart of the crisis, according to speakers Thursday at a conference called "The Mortgage Meltdown, Financial Markets and the...
Read S.F. Fed chief wants more done on housing (Links)
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