#1 Fresh Live Leads : EST 2006
AP - In broadcasting the world’s first live 3-D football game to theaters in Los Angeles, New York and Boston on Thursday evening, the NFL promises an “up close, personal, visceral” experience that could open a new revenue stream for the league.
AP - Fidelity Investments is joining the rush to satisfy investors’ growing appetite for news about financial market turmoil.
Reuters - General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions.
Reuters - Asian shares fell on Thursday as more bad news piled up for the global economy, while the dollar and yen steadied as central banks in the UK and Europe were set to cut interest rates to their lowest in years.
Reuters - Swiss bank Credit Suisse said on Thursday it was cutting another 5,300 jobs, as it revealed it made a net loss of about 3 billion Swiss francs ($2.5 billion) in October and November.
Reuters - Costco Wholesale Corp on Thursday said its November sales fell 3 percent to $5.55 billion.
Reuters - Oil fell below $46 a barrel to its lowest in nearly four years on Thursday, extending four consecutive days of falls as continued demand worries minimized bullish draws in U.S. oil stocks.
AP - Yahoo Inc. is plugging its Internet radio service into CBS Corp.’s webcasting network in a move driven by dramatically higher fees for airing music online.
AP - What does a teenage brain on Google look like? Do all those hours spent online rewire the circuitry? Could these kids even relate better to emoticons than to real people? These sound like concerns from worried parents. But they’re coming from brain scientists.
Reuters - Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks.
Reuters - Private employers cut 250,000 jobs in November, an unexpectedly large number and the biggest in seven years, while the service sector, which powers most of the economy, posted its worst slump on record.
Reuters - All options were on the table on Wednesday as congressional committees scrutinized auto company restructuring proposals and an urgent appeal for $34 billion in aid ahead of make-or-break hearings.
Reuters - Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack Obama’s transition team about the idea, an Obama aide said on Wednesday.
Reuters - Stocks snapped back on Tuesday after a pledge by General Electric , a global bellwether, to leave its dividend intact in a fragile economy sparked optimism.
AP - Yahoo Inc.’s stock rallied Tuesday on a report that AOL’s former chief executive believes he can raise enough money in a worsening recession to buy the struggling Internet company for as much as $30 billion.
Reuters - General Motors Corp warned the U.S. government on Tuesday that it needs a $4 billion loan by the end of December or else it faces the risk of immediate failure.
Reuters - Chrysler LLC on Tuesday asked the U.S. government for an emergency $7-billion bridge loan by the end of the year, saying it needs the funds to survive a brutal downturn in sales that has depleted its cash reserves.
Reuters - American International Group Inc and the U.S. government have reached an agreement to clear the insurer of its obligations on about $53.5 billion in toxic mortgage debt, the giant insurer said in a regulatory filing on Tuesday.
Reuters - A top lawmaker predicted Washington would approve a bailout for U.S. automakers after they submitted survival plans, and General Motors Corp and Chrysler LLC said they needed an immediate infusion of cash to avoid failures.
Yahoo OneSearch has been tapped as the default search engine for Virgin Media’s mobile portal in the UK. The partnership will roll out on December 8.
Reuters - Asian equities slid on Tuesday after signs of a deepening global economic slump slammed stocks worldwide the previous day, driving benchmark U.S. Treasury yields to their lowest since the 1950s.
Reuters - The U.S. government should provide a federal guaranty to meet American International Group Inc’s counterparty collateral requirements, the insurer’s former Chief Executive Maurice Greenberg said.
Reuters - Australia slashed interest rates and the Bank of Japan moved to ease an acute cash crunch for companies, kicking off another round of global central bank action to soothe markets and shore up crumbling economies.
Reuters - Toyota Motor Corp (7203.T) said on Tuesday it will cut management bonuses by 10 percent as the global economic slowdown bites hard and prompts it to reduce production further in Japan.
Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week’s sharp gains, with banks and retailers among Wall Street’s biggest casualties.
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