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U.S. auto execs plead for Congress to fund bailout (Reuters)
Cuban responds to SEC, says no secrecy deal (Reuters)
U.S. CEOs urge at least $300 billion fiscal stimulus (Reuters) Reuters - Chief executives of leading U.S. companies called for a fiscal stimulus package worth at least $300 billion and urged president-elect Barack Obama to swiftly name his economic team. Lawmakers, Treasury lock horns on foreclosures (Reuters)
Brazil stocks down early (AP) AP - Brazil's stocks are off in early trading, with the Ibovespa stock index falling 2.2 percent to 34,936. U.S. auto execs plead for Congress to fund bailout (Reuters)
La-Z-Boy posts wider loss, suspends forecasts (Reuters) Reuters - La-Z-Boy Inc , the furniture maker and retailer, reported a wider quarterly loss on Tuesday and saw a decline in sales as cash-strapped consumers curb purchases.
All News Lines - Local and World Wide, Updated Hourly
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Reuters - Stocks staged a late fight back on Tuesday after a choppy session in which stronger-than-expected results and outlook from computer maker Hewlett-Packard offset fears that more losses at Citigroup and other banks are yet to come.
Reuters - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion aid package despite political opposition to another multibillion-dollar government bailout.
Reuters - Billionaire basketball team owner Mark Cuban responded to U.S. insider trading charges on Tuesday, saying on his website that he had not agreed to keep information about a proposed stock sale confidential.
Reuters - Treasury Secretary Henry Paulson and members of Congress clashed on Tuesday over the best use for the $700-billion financial bailout fund, with lawmakers demanding money to stem a national wave of mortgage foreclosures.
