Quote from The Baron Son "Tis not one’s failings alone that produce
self-mastery, but studying the causes of such failure, coupled with
the persistent application of new methods."
The Food Chain: Fields of Grain and Losses Hard times are back on the American farmstead, as the price paid for crops is dropping much faster than the cost of growing them.
Citigroup Tries to Stop the Drop in Its Share Price The greatest banking turmoil is setting in around Citigroup, which has lost half its value in just four days, sending shock waves through the financial world.
Stocks Drop Sharply and Credit Markets Seize Up As a new bout of fear gripped the financial markets on Thursday, stocks fell sharply again, and the credit markets seized up as confidence in the nation?s financial system ebbed.
Detroit?s Bid for Aid Fails ? For Now Democratic leaders in Congress gave auto industry leaders 12 days to come back with a plan showing that federal aid would be well-spent.
Angelina Jolie?s Carefully Orchestrated Image In exchange for pictures of Angelina Jolie?s new twin babies, People magazine had to agree to offer positive coverage of her and her family.
DVDs, Hollywood?s Profit Source, Are Sagging Total DVD sales are down by about 4 percent for the year, contributing to a creeping dread in the movie capital that buyer interest is plummeting as the global economic crisis worsens.
Times Cuts Dividend in a Move to Save Cash The New York Times Company sharply reduced its dividend just a year and a half after a major increase, as the company seeks to conserve cash amid concern about dwindling profit.
New Jobless Claims Reach a 16-Year High, U.S. Says New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
Ailes Agrees to Remain at Fox News 5 More Years The News Corporation announced Thursday that Roger Ailes, the chairman and chief executive of Fox News, had signed a new five-year contract with the company.
U.S. Agrees to Buy Student Loans to Ease Borrowing The Education Department announced that it would buy up to $6.5 billion of federally guaranteed student loans made in the 2007-8 academic year as part of its effort to make sure loans are available.
$2.5 Billion Is Added to Bailout for Iceland Iceland finally received international backing for its bailout plan on Thursday, as Nordic countries followed up a $2.1 billion loan by the International Monetary Fund.
Treasury to Support a Frozen Money Fund In an unusual step, the Treasury Department said it was prepared to buy assets from a troubled money market mutual fund that has been frozen for more than two months.
$25 Billion Investment Fund Is Formed to Protect French Industry Vowing to protect French industry from foreign predators and a worsening economic slump, President Nicolas Sarkozy introduced an investment fund of 20 billion euros ($25 billion) on Thursday.
