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• Stocks jump on report of Geithner nomination
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• Retail sales plunge by largest amount on record
Excluding autos, retail sales fell by 2.2 percent, also a record decline, underscoring the widespread weakness last month. “Consumers went into hibernation in October while concerns about the economy were at a peak,” said Rosalind Wells, chief ...
• Top Dem lowers expectations for auto bailout
Nissan Motor Co. and Renault SA Chief Executive Carlos Ghosn, speaking at the Los Angeles Auto Show, said Wednesday he expects the current crisis in autos will knock out some competitors. He pointed to the U.S. financial industry, which has seen key ...
• Top GOP senators oppose automaker bailout
WASHINGTON - Hardline opponents of an auto industry bailout branded the industry a “dinosaur” whose “day of ... MORE FROM AUTOS      ...
• Paulson, Bernanke testify, get grilled
I said we had a lot of work ahead of us. ...The TARP is aimed at the financial system ... in terms of autos, I have said it would not be a good thing." Paulson suggested that Congress modify the bill authorizing $25 billion for DOE. But not all the ...