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Madlen Read
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Writes for SAN FRANCISCO CHRONICLE ,
189 articles on NewsCred are written by Madlen Read.What Do You Think?
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Latest Articles by Madlen Read
Citigroup plans a leaner future, cuts 53,000 jobs
Citigroup, widely seen as the sickest Wall Street bank, will make some of the most severe cuts in the history of U.S. business _ 53,000 jobs _ as it tries to slash cos...
Stocks fall on more economic woes
The selling on Wall Street continued Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector. After a t...
Stocks fluctuate on more economic news
Wall Street fluctuated Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector. After a turbulent week ...
Citigroup to shed another 53,000 jobs
Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses fr...
Unstable market expected as feds' revise policy
The stock market is trying to form a bottom, but the economic landscape keeps changing. With the Treasury switching its financial bailout plans and Congress fighting o...
Top Goldman Executives To Forgo 2008 Bonuses
NEW YORK, Nov. 16 -- Goldman Sachs chief executive Lloyd Blankfein and six other top executives at the bank will not be receiving cash or stock bonuses for 2008, a spo...
No bonus this year for Goldman Sachs CEO Blankfein
Goldman Sachs Group Inc. CEO Lloyd Blankfein and six other top executives at the bank will not be receiving cash or stock bonuses for 2008, a spokesman said Sunday. Th...
Stocks likely to be volatile again this week
The stock market is trying to form a bottom, but the economic landscape keeps changing. With the Treasury switching its financial bailout plans and Congress fighting o...
Dow up 552 points after nearing low for year
Investors did an abrupt turnaround on Wall Street Thursday, muscling the Dow Jones industrial average up more than 550 points after driving it down near its lows for t...
Stocks stage huge rebound; Dow jumps 553 points
Investors did an abrupt turnaround on Wall Street Thursday, muscling the Dow Jones industrial average up more than 550 points after driving it down near its lows for t...
Treasury buying ramps up as inflation worries ease
The drop in oil prices isn't just helping people with fuel bills _ it's also playing a role in luring them to Treasurys and assuaging fears that the government's finan...
Wall Street falls, unable to calm economic woes
Wall Street caved in to its economic anxieties and closed lower Monday, giving up an early rally over a stimulus package in China and refocusing on the acute pullback ...
