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Britain urges steps to insure financial system
ST. ANDREWS, Scotland (AP) -- Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change....
Banks in Ga., Mich., Minn., Mo., Calif. closed
CHARLOTTE, N.C (AP) -- Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans....
House opens debate on health care overhaul bill
WASHINGTON (AP) -- President Barack Obama's landmark health care overhaul moved toward a vote in the House Saturday after anti-abortion lawmakers won a chance to knock out language that would let federally subsidized health care plans cover abortions....
Analysis: 10 percent jobless is Obama's new world
WASHINGTON (AP) -- For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent....
China offers Africa more trade, investment
BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
Both sides set to vote on Philly transit contract
PHILADELPHIA (AP) -- Members of Philadelphia's largest transit union and the Southeastern Pennsylvania Transportation Authority are set to vote on a contract to end the strike that has idled buses, subways and trolleys for five days....
South Korean workers protest gov't labor policy
SEOUL, South Korea (AP) -- Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws....
Berkshire Hathaway says 3Q profit triples to $3.2B
OMAHA, Neb. (AP) -- Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled....
Freddie Mac loses $6.3B in 3Q
WASHINGTON (AP) -- Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion....
Stocks post modest gains as job losses slow
NEW YORK (AP) -- Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday....
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