News money 2008-06-27 Andanh.com

Dow plummets 358 on wave of bad news Thu, 26 Jun 2008 23:03:00 EST
It was just a few weeks ago that Wall Street seemed ready for a rebound after months of turbulence. Then came an eerily familiar flood of disappointments: oil at another record high, banks battling with credit losses, home prices tumbling further and automakers struggling.

Ford offers buyouts to UAW members in Louisville Thu, 26 Jun 2008 23:04:00 EST
Ford Motor Co. is offering another round of buyouts to union members at its two Louisville plants as the automaker slashes white-collar jobs across North America.

Wayside sale ends dispute Thu, 26 Jun 2008 23:10:00 EST
The Wayside Christian Mission homeless shelter agreed yesterday to halt a controversial demolition plan and sell its 10 buildings on East Market and South Shelby streets.

Frail economy helped by exports Thu, 26 Jun 2008 23:27:00 EST
The U.S. economy improved slightly at the start of the year and could grow a bit stronger in the current quarter as extra cash from tax rebates spurs people into buying. Still, it's not out of danger.

Business People Thu, 26 Jun 2008 21:38:00 EST
Health care and energy announcements are in today's Business People. Submit new items at courier-journal.com/businesspeople Sign up for the daily Business People newsletter at courier-journal.com/newsletters.

Q: Is the bank the best place to get a mortgage? Thu, 26 Jun 2008 23:28:00 EST
A: A bank is an example of a direct lender -- those with the money who make the decision whether you can borrow it.

American Commercial Lines renegotiates credit terms Thu, 26 Jun 2008 23:29:00 EST
American Commercial Lines obtained some easier terms on its revolving credit line yesterday, but the barge maker and transportation company based in Jeffersonville, Ind., won't be able to borrow as much and will have to give it up next year.

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