Alcatel-Lucent Posts Eighth Straight Loss; Possible Merger: TicketMaster and Live Nation; ING Parent Sells ING Canada Stake; Costco Issues Earnings Warning; Auto Suppliers Want Bailout Money; Service Sector Positive but U.S Loses More Jobs; Mexico Supports Peso; Crude Slips on Inventory Buildup  France's Alcatel-Lucent SA (ADR:ALU) posted a 3.89 billion euro ($5 billion) loss in [...]

Pending Home Resales Climb; Dow Chemical Posts Steep Loss; Motorola Suspends Dividend, Lowers Forecast; Bank of Japan Buying Local Bank Shares; Automakers Suffer Through Worst Month Since 1982; AIG Shares Hit All-Time Low; Private Equity Firms Say Large LBO Market Dead; Brazil's Economy in Recession Demand may be rising in the housing market, as the [...]

Manufacturing Spending Continue Slide; Macy's Cuts 7,000 Jobs; Banks Still Not Lending; Renew Energy Files for Bankruptcy; Morgan Stanley Slashes Workforce; Oil Prices Slide 4%; Steelcase Shows Weakness Manufacturing in the U.S. shrank again last month and consumer spending recorded an unprecedented sixth monthly decline in January. The Institute for Supply Management's factory index was [...]

Job Claims Hit 42-Year High; Dodd's Vengeance; Durable Goods Orders Slowing Slide; 3Com Profit Down but Stock Up; Amazon Profit Up 9%; Crude Prices Down as Inventories Build; Kodak Paints Unflattering Picture Continuing jobless claims rose to 4.78 million, the highest levels in 42 years, as the U.S. labor market continues to worsen MarketWatch reported. [...]

FOMC Meeting Offers No Solutions; First Wells Fargo Loss Since 2001; Total Buys Oil-Sands Explorer; AT&T Posts 4Q Decline; Boeing to Double Job Cuts; Time Warner Cuts 700 Jobs; UBS Reduces Bonuses; Ford’s Fourth-Quarter Loss The Federal Open Market Committee yesterday (Wednesday) left its benchmark Federal Funds rate at a range of 0% to 0.25%. [...]

FOMC Brainstorms; Dimon and Lewis Bet Big on Financials; Former BofA CEO Thain Reinvents Self; Yahoo! Posts Fourth-Quarter Loss; Consumer Confidence Hits Record Low; S&P/Case-Schiller Housing Index Plunges 18% The Federal Open Market Committee (FOMC), the policymaking arm of the U.S. Federal Reserve, will conclude a two-day meeting today (Wednesday), and investors are expecting members [...]

Pfizer Buys Wyeth for $68 Billion; Existing Homes Sales Rose 6.5%; McDonald's Posts 5.8% Sales Growth; Freeport McMoran Lowers Sales Targets; Lincoln National Corp Cutting Staff 5%; GM Cuts More Jobs, Production; Petrobras to Cut Costs by $4 Billion; Halliburton Settles Bribery Investigation Pfizer Inc. (PFE), the world's No. 1 drug maker, said yesterday (Monday) [...]

Sony Forecasts Steel Loss; Parsons New Citi Chairman; Potash Doubles 4Q Profit; Lockheed Post Profit, Issues Warning; Thain resigns from BofA; Geithner Nomination Moves Ahead; GE May Cut Dividend Sony Corp. (ADR: SNE) forecast a full-year operating loss of $2.9 billion as falling demand, a stronger yen and reorganization expenses cut into the company’s earnings. [...]

Best Buy Names New CEO; IBM to Post Strong 2008 Earnings; BHP Cuts 6,000 Jobs; GM Loses Sales Crown to Toyota; Investors Retreat From Hedge Funds; Housing Market Index Hits New Low; Satyam Seeks Funding; Crude Futures Climb Best Buy Co. (BBY) crowned chief operating officer Brian Dunn as the electronics retailer's new chief executive. [...]

Toyota's Announces 2008 Sales, New Prez; Constellation Unloads London Unit to Goldman; China Urban Unemployment Rises; Kingdom Holding Posts Massive 4Q Loss; WB Cuts 800 Jobs; JNJ Profit Up 14%; Rohm and Haas Sheds 900 Jobs; Google Shelves Print Ads Program Toyota Motor Corp. (ADR:TM) yesterday (Tuesday) named Akio Toyoda, the grandson of the company's [...]