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Stocks drop on economic concerns despite bailout (Reuters)

Date : 03 Oct 2008 Category : Business

Yahoo! News: Business

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Reuters - NEW YORK (Reuters) -Wall Street ended its worst week in seven years with another tumble on Friday on fears that the $700 billion financial rescue package may not unblock credit markets and stave off a U.S. recession.

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Big Three automaker plans hit congressional desks (Reuters)

TransUnion: 3Q mortgage delinquencies shoot higher (AP)

GE and autos ignite Wall Street (Reuters)

Tesco shares jump on trading update (AP)

Beazer Homes 4Q loss balloons as revenue plunges (AP)

GE sees fourth-quarter earnings toward low end of range (Reuters)

Goldman shares fall on fear of $2 billion fourth-quarter loss (Reuters)

Investor Sues to Block Mortgage Modifications (BusinessWeek Online)

Staples 3Q profit drops 43 percent on charges (AP)

Beazer loss widens on housing market deterioration (Reuters)

Bargain hunting and auto bailout hope lift stock futures (Reuters)

Staples posts higher-than-expected profit (Reuters)

Bargain-hunters fail to save retail sales (Reuters)

Global stocks tumble (Reuters)

HK index tumbles 5 percent on US losses (AP)

Goldman faces $2 billion loss: report (Reuters)

Boeing engineers approve work contract (Reuters)

JPMorgan to cut 9,200 Washington Mutual jobs (Reuters)

Bernanke says Fed has options as rates near zero (Reuters)

U.S. working on new lending programs: Paulson (Reuters)