Copyright (c) 2008 Yahoo! Inc. All rights reserved. http://news.yahoo.com/i/1885 Business en-us Sun, 12 Oct 2008 00:24:25 GMT 5 142 18 http://news.yahoo.com/i/1885 http://us.i1.yimg.com/us.yimg.com/i/us/nws/th/main_142b.gif http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081012/bs_nm/us_financial_imf nm/20081012/us_financial_imf Reuters Sun, 12 Oct 2008 00:24:25 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081012/bs_nm/us_financial_imf"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t181112_450x350_us_financial_imf.jpg?x=130&y=101&q=85&sig=LbZ.ACIHOTZQA6dQteyPOQ--" align="left" height="101" width="130" alt="International Monetary Fund Managing Director Dominique Strauss-Kahn speaks at a news conference of the annual IMF-World Bank meeting in Washington October 11, 2008. (Yuri Gripas/Reuters)" border="0" /></a>Reuters - Finance leaders from the International Monetary Fund's 185 member countries on Saturday endorsed a plan by major economies to chart a course out of the credit crisis, hoping the broader support will calm markets.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081012/bs_nm/us_financial_imf"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t181112_450x350_us_financial_imf.jpg?x=130&y=101&q=85&sig=LbZ.ACIHOTZQA6dQteyPOQ--" align="left" height="101" width="130" alt="photo" title="International Monetary Fund Managing Director Dominique Strauss-Kahn speaks at a news conference of the annual IMF-World Bank meeting in Washington October 11, 2008. (Yuri Gripas/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial3 nm/20081011/us_financial3 Reuters Sat, 11 Oct 2008 21:08:34 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial3"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t153936_450x306_us_financial3.jpg?x=130&y=88&q=85&sig=h0iY5mYuX6Ab0KWrFx81dA--" align="left" height="88" width="130" alt="Egypt's Finance Minister and International Monetary and Financial Committee (IMFC) Chairman Youssef Bourtos-Ghali (2nd R), International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (C), IMF's First Deputy Managing Director John Lipsky (2nd L) and IMF Secretary Shailendra Anjaria (R) attend the meeting of the IMFC at IMF Headquarters in Washington October 11, 2008. (Stephen Jaffe/IMF/Handout/Reuters)" border="0" /></a>Reuters - The IMF warned on Saturday that the global financial system was on the brink of meltdown, while France and Germany pushed ahead with a pan-European crisis response to try to prevent the worst global downturn in decades.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial3"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t153936_450x306_us_financial3.jpg?x=130&y=88&q=85&sig=h0iY5mYuX6Ab0KWrFx81dA--" align="left" height="88" width="130" alt="photo" title="Egypt's Finance Minister and International Monetary and Financial Committee (IMFC) Chairman Youssef Bourtos-Ghali (2nd R), International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn (C), IMF's First Deputy Managing Director John Lipsky (2nd L) and IMF Secretary Shailendra Anjaria (R) attend the meeting of the IMFC at IMF Headquarters in Washington October 11, 2008. (Stephen Jaffe/IMF/Handout/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_autos_chrysler_gm nm/20081011/us_autos_chrysler_gm Reuters Sat, 11 Oct 2008 23:18:08 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_autos_chrysler_gm"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t165711_450x292_us_autos_chrysler_gm.jpg?x=130&y=84&q=85&sig=_nvBmCmMG52C4MTLZX30Ww--" align="left" height="84" width="130" alt="A new Chrysler sign is seen after the DaimlerChrysler sign was removed from the front of the Chrysler headquarters in Auburn Hills, Michigan in this August 4, 2007 file photo. (Rebecca Cook/Files/Reuters)" border="0" /></a>Reuters - Chrysler LLC has had talks with General Motors Corp about a deal to combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to three people familiar with the matter.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_autos_chrysler_gm"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081012/2008_10_11t165711_450x292_us_autos_chrysler_gm.jpg?x=130&y=84&q=85&sig=_nvBmCmMG52C4MTLZX30Ww--" align="left" height="84" width="130" alt="photo" title="A new Chrysler sign is seen after the DaimlerChrysler sign was removed from the front of the Chrysler headquarters in Auburn Hills, Michigan in this August 4, 2007 file photo. (Rebecca Cook/Files/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_imf_wealthfunds nm/20081011/us_imf_wealthfunds Reuters Sat, 11 Oct 2008 23:27:22 GMT Reuters - Government-owned wealth funds and the countries that accept their investments agreed on Saturday to a set of principles aimed at ensuring that both sides play by the rules. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial_italy_g7 nm/20081011/us_financial_italy_g7 Reuters Sat, 11 Oct 2008 19:57:27 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial_italy_g7"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081011/2008_10_11t165005_450x364_us_financial_italy_g7.jpg?x=130&y=105&q=85&sig=xiOe5lKWrSFmcUpbizFgPg--" align="left" height="105" width="130" alt="U.S. Treasury Secretary Henry Paulson (L-R), Italy's Economy Minister Giulio Tremonti and and Japan's Finance Minster Shoichi Nakagawa pose for a group photo after the G7 Ministers meeting at the Treasury Department in Washington October 10, 2008. (Yuri Gripas/Reuters)" border="0" /></a>Reuters - Italy will push for broadening membership in the Group of Seven when it takes over leading the rich nations' club next year, Italian Economy Minister Giulio Tremonti pledged on Saturday.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081011/bs_nm/us_financial_italy_g7"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081011/2008_10_11t165005_450x364_us_financial_italy_g7.jpg?x=130&y=105&q=85&sig=xiOe5lKWrSFmcUpbizFgPg--" align="left" height="105" width="130" alt="photo" title="U.S. Treasury Secretary Henry Paulson (L-R), Italy's Economy Minister Giulio Tremonti and and Japan's Finance Minster Shoichi Nakagawa pose for a group photo after the G7 Ministers meeting at the Treasury Department in Washington October 10, 2008. (Yuri Gripas/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081010/bs_nm/us_financial1 nm/20081010/us_financial1 Reuters Fri, 10 Oct 2008 22:23:09 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081010/bs_nm/us_financial1"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081011/2008_10_10t182543_450x281_us_financial1.jpg?x=130&y=81&q=85&sig=dx04Ll6trKJZ6VB_ckze7g--" align="left" height="81" width="130" alt="G7 finance ministers Christine Lagarde of France (L-R), Peer Steinbrueck of Germany, U.S. Treasury Secretary Henry Paulson and Italy's Economy Minister Giulio Tremonti pose for a group photo after their meeting at the Treasury Department in Washington October 10, 2008. (Yuri Gripas/Reuters)" border="0" /></a>Reuters - Finance chiefs of the world's major economies pledged on Friday to take decisive action and work together to stem the escalating financial crisis after another day of gut-wrenching drops on world markets.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081010/bs_nm/us_financial1"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081011/2008_10_10t182543_450x281_us_financial1.jpg?x=130&y=81&q=85&sig=dx04Ll6trKJZ6VB_ckze7g--" align="left" height="81" width="130" alt="photo" title="G7 finance ministers Christine Lagarde of France (L-R), Peer Steinbrueck of Germany, U.S. Treasury Secretary Henry Paulson and Italy's Economy Minister Giulio Tremonti pose for a group photo after their meeting at the Treasury Department in Washington October 10, 2008. (Yuri Gripas/Reuters)" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081010/ap_on_bi_ge/money_fund_guarantees ap/20081010/money_fund_guarantees AP Fri, 10 Oct 2008 11:12:31 GMT AP - Nearly all the $3.4 trillion in money-market mutual funds is expected to be federally guaranteed for at least the next three months, now that all the major fund providers signed up to participate by a deadline that passed Wednesday. http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081009/ap_on_bi_ge/retail_sales ap/20081009/retail_sales AP Thu, 09 Oct 2008 19:33:34 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081009/ap_on_bi_ge/retail_sales"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081009/capt.1fe111ca028b4b94b7c03e1054a5bf53.abercrombie_fitch_sales_nybz167.jpg?x=130&y=106&q=85&sig=_0sPQjsXWF1lKoG0dlthHg--" align="left" height="106" width="130" alt="In this Aug. 12, 2008 file photo, shoppers walk in front of a Abercrombie & Fitch store in San Jose, Calif. Teen apparel retailer Abercrombie & Fitch Co. said Thursday, Oct. 9, 2008, that its September same-store sales dropped 14 percent, more than quadruple the drop Wall Street expected. (AP Photo/Paul Sakuma, file)" border="0" /></a>AP - Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081009/ap_on_bi_ge/retail_sales"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081009/capt.1fe111ca028b4b94b7c03e1054a5bf53.abercrombie_fitch_sales_nybz167.jpg?x=130&y=106&q=85&sig=_0sPQjsXWF1lKoG0dlthHg--" align="left" height="106" width="130" alt="photo" title="In this Aug. 12, 2008 file photo, shoppers walk in front of a Abercrombie & Fitch store in San Jose, Calif. Teen apparel retailer Abercrombie & Fitch Co. said Thursday, Oct. 9, 2008, that its September same-store sales dropped 14 percent, more than quadruple the drop Wall Street expected. (AP Photo/Paul Sakuma, file)" border="0"/></a></p><br clear="all"/> (AP)