Stocks plunge as investors feel the government rescue plan will not prevent a recession; blue chip stocks close below ten thousand for the firs time in nearly four years; and Ebay slashes work force by 10 percent while acquiring new companies for $1.34 billion.
Stocks plunge as investors feel the government rescue plan will not prevent a recession; blue chip stocks close below ten thousand for the firs time in nearly four years; and Ebay slashes work force by 10 percent while acquiring new companies for $1.34 billion.
The White House and Congressional leaders agreed on a deal to rescue the US banking industry, Wachovia was in advanced discussions to sell itself to Wells Fargo and US steelmakers are experiencing a sharp pullback.
The White House and Congressional leaders agreed on a deal to rescue the US banking industry, Wachovia was in advanced discussions to sell itself to Wells Fargo and US steelmakers are experiencing a sharp pullback.
