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Yahoo! News: Business
Updated : Tue, 06 Jan 2009 00:55:39 GMT

HK toy makers urge Li & Fung to pay up for failed US retailer (AFP)
AFP - More than 40 Hong Kong toy makers who say they lost 10 million US dollars following the collapse of US retailer KB Toys said Monday they would be seeking compensation from trading firm Li & Fung.

Publ.Date : Mon, 05 Jan 2009 12:12:03 GMT

Lawmakers set new mortgage bankruptcy bill (Reuters)
Reuters - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year.
Publ.Date : Mon, 05 Jan 2009 23:53:01 GMT

Stocks slip on telecom and financials; Apple jumps (Reuters)
Reuters - Stocks fell on Monday as investors booked profits after last week's run-up, while concerns about slowing cell phone sales hit shares of the biggest telecommunications companies.

Publ.Date : Mon, 05 Jan 2009 21:34:12 GMT

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