Treasury Secretary Henry Paulson says there is an urgent need for Congress to act quickly without adding other measures that could slow down passage of a $700 billion bailout bill.

Hedge funds were forced to scramble to unwind trading positions after a massive assault by global regulators on short selling aimed at calming the turmoil in global markets

The plan would pay jobless immigrants their social security benefits in a lump sum provided they go home and promise not to return to Spain for three years

US forces killed at least seven Iraqis, including three women, in a raid on targets the US military described as Sunni extremists belonging to al-Qaeda in Iraq

The US Treasury said it would set up a temporary insurance program for the money market mutual fund industry as part of its efforts to address the financial crisis which has shown signs of spilling over into the money market

Multichannel financial services software provider S1 Enterprise, (Norcross, Ga.), a division of S1 Corporation, has incorporated International ACH Transaction (IAT) capabilities in its S1 Corporate Banking solution. Since NACHA 'strongly encourages' banks to implement IAT by March 20, 2009, customers

Edward Liddy has been named chief executive officer of American International Group, Inc. (AIG), succeeding Robert Willumstad. Stephen Bollenback, who was named lead independent director in June 2008, will continue in that role. Liddy, who was recognized by Insurance &

Fifth Third bank (Cincinnati) has selected the Web Promises solution from information technology and business process services provider CGI Group Inc. (Fairfax, Va.). CGI's Web Promises solution will integrate the bank's collections self-service to its enterprise collections systems, including to

Panini (Dayton, Oh.), check capture solutions provider, has signed a reseller agreement with Metavante (Milwaukee, Wisc.), banking and payments technology provider. Under the agreement, Metavante will offer Panini's Vision X check scanners to its banking clients for remote deposit and

Wisconsin county Negotiates new deal with health insurance provider and offers incentives for prevention.Dane County Executive Kathleen Falk announced today the county will save $1-million in health care costs in the 2009 county budget by re-negotiating the contract with its

CM Buddhadeb Bhattacharjee on Saturday spent one and a half hours with governor Gopal Krishna Gandhi discussing the Singur impasse.

There is almost a level of indifference that seizes the country when it comes to either warning our own of disasters or even more, when it comes to both preparing for the disaster and its aftermath.

At the end of the day, with financial manipulations being so much easier these days, with identity theft and hacking incidents, it only pays to be safe Kartik Shahni

Dish TV, a part of the Zee group, is aiming at 5 million DTH subscribers by March 31,2009. The company, which has a market share of over 65% in the country, is now having a customer base of 3.76 million.

Reliance Industries has created history by flowing oil from the nation's first deep-sea oilfield, but gas production from the eastern offshore KG basin will begin in January, four months behind the deadline. Reliance began oil production from its predominantly gas-rich

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The sky is falling! But isn't that manna?

What the big money is after ... and why.

On Friday, the Oil prices rose approximately 7% to cap their major three-day movement in a decade on prospect a far-reaching U.S. government post security plan would advance liquidity crosswise the tattered monetary markets.

Far-reaching government actions to rescue the economic system and re-establish confidence in wobbly markets spur a huge break rally on Friday in U.S. stocks, finishing a week that saw the most striking reshaping of the...