According to Reuters, Democrats say that the Senate will pass the stimulus bill today.
Reuters reports that Moody’s cut Toyota’s (TM) rating for the first time in 10 years.
Reuters writes that estimates are that the US lost 525,000 jobs in January.
Reuters reports that investments in AIG (AIG) and Citigroup (C) bought the government the least value for its money among financial firms it has given money.
Reuters reports that Toyota (TM) will loss almost $5 billion in the current fiscal year.
Reuters reports that Nomura plans to raise $3.3 billion.
Reuters reports that the government is thinking of converting its investments in US banks instruments which could give them common shares.
Reuters reports that British Airways posed a loss due to the economy.
Reuters reports that News Crop (NWS) posted its largest quarterly loss ever.
The Wall Street Journal reports that the new bank bailout program will have tougher terms and would get the US bigger pieces of banks
The Wall Street Journal reports that states are running low on capital for jobless claims.
The Wall Street Journal writes that nations are creating barriers to trade to protect some industries.
The Wall Street Journal reports that Bank of America’s (BAC) CEO bought more shares.
The Wall Street Journal reports that the lack of a "car czar" has slowed Detroit’s restructuring plans.
The Wall Street Journal reports that Sirius (SIRI) and EchoStar (DISH) are in talks over SIRI debt.
The Wall Street Journal reports that the Senate passes a bill to limit pay at banks getting TARP funds.
The Wall Street Journal reports that Lenovo will renew its focus on Chinese markets.
The Wall Street Journal reports that the unemployment rate could hit 7.5%
The Wall Street Journal reports that productivity is up as companies cut jobs.
The Wall Street Journal reports that pay limits for financial executives have loopholes.
The Wall Street Journal reports that Moody’s is looking at its rating for commercial real estate bonds.
The Wall Street Journal reports that a government watch dog says the US paid too much for bank shares.
The Wall Street Journal reports that government investment in some securities may give them higher values which are to some extent false.
The Wall Street Journal reports that many retailers have stopped making forecasts.
The Wall Street Journal reports that a major Rohm and Haas (ROH) investor is pressing Dow (DOW) to close it acquisition deal.
The Wall Street Journal reports that newspaper chain McClatchy (MNI) posted an operating loss.
The Wall Street Journal reports that Warner Music (WMG) results were better than expected.
The New York Times reports that China’s unemployment is swelling.
The FT reports that the US is hiring experts to look at auto company restructuring and some have backgrounds in bankruptcy.
The FT reports that the CEO of GE (GE) warned of a depression threat.
Bloomberg reports that US car parts companies may seek over $25 billion in government aid.
Douglas A. McIntyre
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