Federal court refuses to take Clear Channel case from Texas court

Comments Three million families in Britain could be plunged into negative equity within a year.

Imperial Oil shares slump as credit crunch forces $600m rights issue$

Imperial Energy, the Russia-focused oil company, said yesterday that problems in global credit markets had forced it to shelve plans for a debt financing and to opt instead for a $600 million rights issue, ...more

Hedge Funds Chase Returns Lending to Asian Companies Overlooked by Banks

An increasing number of hedge fund managers in Asia are making loans to small companies as they search for more stable returns, according to the chairman of Singapore's hedge fund lobby.

Senate Leaders Reach Tentative Deal on Housing Relief

Momentum grew Wednesday for a Senate bill aimed at easing the slumping housing market and helping families threatened by foreclosure after lawmakers reached a tentative deal on a scaled-back version of the ...more

Bipartisan Agreement on Housing Bill

Bipartisan Agreement on Housing Bill by Beacon News New York Beacon Originally posted 4/2/2008 Homeowner tax credits and a bigger role in the mortgage market for the Federal Housing Administration are among the ...more