itsjohntime

FDIC closes N.J.-based Citizens Community Bank; 31st failure of 2009
5/1/2009 5:17:43 PM EDT

// posted by itsjohntime @ 5/01/2009 05:59:00 PM 0 comments

FDIC seizes control of Silverton Bank, a wholesale bank with $4.1
billion in assets that serves 1,400 client banks in 44 states.

// posted by itsjohntime @ 5/01/2009 05:01:00 PM 0 comments

Chrysler posts April U.S. sales skid of 48%; Ford, GM sales down about one-third
5/1/2009 2:57:31 PM EDT

// posted by itsjohntime @ 5/01/2009 03:42:00 PM 0 comments

Results of U.S. bank stress tests to be released Thursday: report
5/1/2009 11:04:17 AM EDT

// posted by itsjohntime @ 5/01/2009 12:57:00 PM 0 comments

Manufacturing activity in April improves in sign that the contraction
is slowing, according to purchasing managers' group ISM.

// posted by itsjohntime @ 5/01/2009 10:15:00 AM 0 comments

ISM manufacturing index for April improves to highest since September 2008
5/1/2009 10:03:09 AM EDT

// posted by itsjohntime @ 5/01/2009 10:09:00 AM 0 comments

WASHINGTON - Justice David Souter has told the White House that he
will retire from the Supreme Court at the end of the court's term in
June, sources tell The Associated Press and National Public Radio.

// posted by itsjohntime @ 4/30/2009 11:05:00 PM 0 comments

Number of people filing first-time unemployment claims fell 14,000
last week to 631,000, U.S. says. Continuing claims: 6.27 million.

// posted by itsjohntime @ 4/30/2009 01:14:00 PM 0 comments

Chrysler says it has filed for Chapter 11 bankruptcy; automaker says
it should emerge as a 'leaner' company in 30 to 60 days.

// posted by itsjohntime @ 4/30/2009 01:06:00 PM 0 comments

Initial jobless claims fall, hinting of recovery

First-time filing for state unemployment benefits fell in the latest
week, a possible sign that the worst of the recession may be over.

CHRYSLER BANKRUPTCY 'IMMINENT' , WSJ

Chrysler is all but certain to file for bankruptcy following a
breakdown in talks between the Treasury and the car maker's lenders,
The Wall Street Journal reports.

BONDHOLDERS PROPOSE TO SWAP DEBT FOR GM CONTROL

General Motors bondholders on Thursday will present a counteroffer to
the automaker's debt swap that would relieve creditors of their $27
billion of debt
in return for a majority stake in the company.

EXXON NET DOWN 58% ON LOWER OIL PRICES

Exxon Mobil Corp. said Thursday first-quarter profit dropped by 58% on
lower oil prices and slack energy demand in the face of the global
recession.

ECONOMIC REPORT: CONSUMER SPENDING TAKES ONE STEP BACK IN MARCH

Consumer spending and incomes take a step back in March after two
steps forward in January, a sign that the improvement in the consumer
sector in the first
quarter was fragile and tentative.

// posted by itsjohntime @ 4/30/2009 12:58:00 PM 0 comments

Chrysler to file bankruptcy 'almost immediately'; has reached deal
with Fiat to stay in business - senior administration official.

// posted by itsjohntime @ 4/30/2009 12:47:00 PM 0 comments

Obama: 'Every dime of taxpayer money will be repaid' before Fiat takes
control of Chrysler. Fiat has agreed to transfer technology.

// posted by itsjohntime @ 4/30/2009 12:44:00 PM 0 comments

Chrysler talks collapse, bankruptcy imminent: WSJ
4/30/2009 12:21:32 AM EDT

// posted by itsjohntime @ 4/30/2009 12:30:00 AM 0 comments

GENEVA (AP) - The World Health Organization has raised its pandemic
alert for swine flu to the second highest level, meaning that it
believes a global outbreak of the disease is imminent. WHO says the
phase 5 alert means there is sustained human-to-human spread in at
least two countries. It also signals that efforts to produce a vaccine
will be ramped up.

// posted by itsjohntime @ 4/29/2009 04:52:00 PM 0 comments

World Health Organization Raises Alert Level for Swine Flu to Phase 5.
[4:11 p.m.]

// posted by itsjohntime @ 4/29/2009 04:44:00 PM 0 comments

Fed calls U.S. economic outlook modestly improved; target rates unchanged
4/29/2009 2:17:55 PM EDT

// posted by itsjohntime @ 4/29/2009 02:50:00 PM 0 comments

Confirmed U.S. Swine Flu Cases Now at 91 [11:24 a.m. ET]

// posted by itsjohntime @ 4/29/2009 12:21:00 PM 0 comments

First U.S. Death From Swine Flu -- 23-Month-Old From Texas -- the CDC
Confirms [6:54 a.m. ET]

// posted by itsjohntime @ 4/29/2009 09:49:00 AM 0 comments

Senate Confirms Kathleen Sebelius 65 to 31 as Health and Human
Services Secretary [6:05 PM EST]

// posted by itsjohntime @ 4/28/2009 07:27:00 PM 0 comments

Home prices in 20 major cities fall for 31st month; rate of decline
slows for 1st time since Oct. 2007, says S&P Case-Shiller.

// posted by itsjohntime @ 4/28/2009 05:15:00 PM 0 comments

WASHINGTON (AP) - Sources say veteran GOP Sen. Arlen Specter of
Pennsylvania intends to switch parties. The move would help Democrats
in their quest to form a 60-vote filibuster-resistant majority in the
Senate.

// posted by itsjohntime @ 4/28/2009 05:03:00 PM 0 comments

Senior GOP Sen. Arlen Specter to Switch Parties, Become Democrat [12:06 p.m. ET]

// posted by itsjohntime @ 4/28/2009 04:46:00 PM 0 comments

U.S. State Dept. Issues Travel Alert for Mexico Due to the Swine Flu
Threat [6:44 PM EST]

// posted by itsjohntime @ 4/27/2009 10:50:00 PM 0 comments

MEXICO CITY (AP) - Mexico says the World Health Organization has
raised its pandemic alert for swine flu by one level, two steps short
of declaring a full-blown pandemic. WHO says the phase 4 alert is
defined as sustained human-to-human transmission causing outbreaks in
at least one country. It signals a significant increase in the risk of
a global epidemic, but doesn't mean a pandemic is inevitable. WHO has
confirmed human cases of swine flu in Mexico, the United States,
Canada and Spain.

// posted by itsjohntime @ 4/27/2009 04:52:00 PM 0 comments

GM says it will cut another 21,000 jobs, kill Pontiac by 2010, cut
more dealerships and restructure debt.

// posted by itsjohntime @ 4/27/2009 09:35:00 AM 0 comments

UAW reaches settlement agreement with Chrysler, Fiat and U.S.
government - key step in final efforts to avoid bankruptcy

// posted by itsjohntime @ 4/27/2009 08:05:00 AM 0 comments

Hang Seng Index tumbles more than 2%, with flu worries weighing
4/26/2009 10:34:22 PM EDT

// posted by itsjohntime @ 4/27/2009 08:01:00 AM 0 comments

London stocks fall on Monday, with investors selling shares of travel
and tourism companies on fears an outbreak of swine flu could turn
into a pandemic and restrict movement around the globe.

// posted by itsjohntime @ 4/27/2009 07:59:00 AM 0 comments

U.S. Declares Swine Flu Is 'Public Health Emergency,' a Term That Does
Not Signal a Greater Threat

// posted by itsjohntime @ 4/26/2009 04:14:00 PM 0 comments

Eight N.Y. High School Students Test Positive for Swine Flu, N.Y. Mayor Says

// posted by itsjohntime @ 4/26/2009 01:05:00 PM 0 comments