Thursday, November 1, 2007

Stocks plummet on rash of bad news UPI

Please find current stories from Business below. stock indexes lose heavily. Oil prices retreat from record level. mortgage rates near six month low. income up inflation signs steady. News from United Press International. Oil prices retreat from record level Published Nov. at PM NEW YORK Nov. UPI Oil futures prices topped a barrel in early trading Thursday then retreated and settled at . stock indexes lose heavily Published Nov. at PM NEW YORK Nov. billion transfusion Published Nov. at PM NEW YORK Nov. Federal Reserve gave the U. financial system a liquidity injection of billion in three projected doses Thursday. October vehicle sales Published Nov. at PM NEW YORK Nov. UPI General Motors reported a . percent increase in October light vehicle sales Thursday helped by a strong showing for its new Cadillac CTS. Arab sheikdoms follow Fed lead Published Nov. mortgage rates near six month low Published Nov. at PM MCLEAN Va. at PM Unfavorable business! news stuns stocks. Crude oil drops a bit still above . Chrysler plans layoffs reducing lineup. income up inflation signs steady. News from United Press International. Chrysler plans more than layoffs Published Nov. at AM DETROIT Nov. income up inflation signs steady Published Nov. at AM WASHINGTON Nov. Commerce Department said Thursday. Job cut report offers optimistic view Published Nov. at AM CHICAGO Nov. UPI The number of planned job cuts announced by U. employers fell percent in October the second consecutive monthly drop a consultant s report said Thursday. European Union plan biofuels deal Published Nov. at AM BRUSSELS Nov. stocks close up after Fed move . Fed cuts rates quarter point . Google stock crosses for first time . Clorox buys Burt s Bees for M . at PM CHICAGO Oct. insurance brokerage Aon Corp. said Wednesday it would cut jobs in a restructuring it said would eventually save about million a year. Perrigo names Papa as chairman Published! Oct. at PM ALLEGAN Mich. said Wednesday it named Joseph Papa as cha irman of the largest U. maker of private label over the counter pharmaceuticals. at PM OAKLAND Calif. UPI Food and chemical company Clorox Co. said Wednesday it agreed to buy U. natural personal care products company Burt s Bees for million. at PM ARLINGTON Va. newspaper Web sites had almost million visitors each month this summer up . percent from a year earlier a trade association said Wednesday. Google stock crosses for first time Published Oct. at PM NEW YORK Oct. shares crossed for the first time Wednesday on news of the U. search and online advertising company s mobile services plans. stocks close up after Fed move Published Oct. at PM NEW YORK Oct. stock indexes closed up percent Wednesday after the U. Federal Reserve cut short term interest rates by a quarter point to . Broker convicted of defrauding Ohio bureau Published Oct. at PM AKRON Ohio Oct. UPI Photo Roger L. Wollenberg Pelosi calls for increased toy and product safety in Washington view m! ore. Latest Headlines Former resident sues quaint N. Louis Minnesota view more. Most Popular Frozen pizzas recalled in E. coli outbreak Physicists create world s smallest radio Ex Ramones manager killed in N. issue UPI Poll U. in the United States and in other countries.

Source: http://www.upi.com/NewsTrack/Business/2007/11/01/stocks_plummet_on_rash_of_bad_news/8295/


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