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Yahoo! News: Economy News
Updated : Tue, 06 Jan 2009 10:47:01 GMT

Toyota to shut plants (Reuters)

The Toyota brand name is seen on a car at a dealership in Chicago, December 22, 2008. (Joshua Lott/Reuters)Reuters - Toyota Motor Corp will shut all its factories in Japan for 11 days to combat a global slowdown that is not only hitting company profits but could, a report says, unleash a wave of social unrest in China.



Publ.Date : Tue, 06 Jan 2009 07:53:08 GMT

Obama seeks swift passage of fiscal package (Reuters)

U.S. President-elect Barack Obama (R) meets with Speaker of the U.S. House of Representatives Nancy Pelosi (D-CA) at her office in the Capitol Building in Washington, January 5, 2009. (Jason Reed/Reuters)Reuters - With the economic outlook darkening, U.S. President-elect Democrat Barack Obama went to Congress two weeks before taking office to try to entice Republican support for a massive stimulus package with talk of big tax cuts.



Publ.Date : Tue, 06 Jan 2009 02:26:29 GMT

Obama demands 'bold' action on stimulus plan (AFP)

US President-elect Barack Obama speaks after meeting with members of his economic team at the transition office in Washington. Obama launched a hard sell for his near 800 billion dollar stimulus plan, warning the US economy would pay a dramatic price if the bill gets bogged down in Congress.(AFP/Mandel Ngan)AFP - President-elect Barack Obama has demanded bold action on his near 800 billion dollar stimulus plan, warning Congress would send the US economy into an even deeper hole if it failed to act swiftly.



Publ.Date : Tue, 06 Jan 2009 06:19:44 GMT

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