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261. Mirosoft's Bill Gates reclaims top spot in world billionaires list, Indians slip
Microsoft founder and chairman Bill Gates has been crowned as the world's richest man by Forbes, with a net worth of $40 billion, even as 29 Indians dropped off the list with the global economic downturn shaving off most of their wealth.
06 May 2009
262. Stocks tumble, yen rises on Bank of America
Stocks slid and the yen rose on Wednesday after news Bank of America needs $34 billion in fresh capital, sending shivers through investors ahead of official results of stress tests on U.S. banks due for release on Thursday.
06 May 2009
263. Bank of America to need $34 billion in capital
Bank of America <BAC.N> has been deemed to need an additional $34 billion in capital, according to the results of a government stress test, a source familiar with the results said on Tuesday.
06 May 2009
264. U.S. to give banks guide for TARP exit soon: sources
U.S. officials could lay out as soon as Wednesday guidelines for how banks can repay taxpayer bailout funds, sources familiar with administration thinking said on Tuesday.
06 May 2009
265. Many stress test banks won't need help: Bernanke
Federal Reserve Chairman Ben Bernanke, seeking to soothe markets worried about the eagerly awaited government stress tests of 19 big banks, on Tuesday downplayed the possibility of new taxpayer bailouts.
06 May 2009
266. Bankruptcy judge mulls Chrysler plan as GM talks loom
A U.S. bankruptcy judge on Tuesday considered whether Chrysler LLC could move forward with its plans for a quick sale of most of its assets while rival General Motors Corp prepared to resume talks with its union and detailed a plan that could shift majority ownership control to the U.S. government.
06 May 2009
267. Bankruptcy judge mulls Chrysler plan, GM talks loom
A U.S. bankruptcy judge on Tuesday considered whether Chrysler LLC could move forward with its plans for a quick sale of most of its assets while rival General Motors Corp prepared to resume talks with its union and detailed a plan that could shift majority ownership control to the U.S. government.
06 May 2009
268. Profit-taking, bank tests trip market; Disney up late
U.S. stocks fell on Tuesday as cautious investors fretted about impending bank stress test results and energy shares succumbed to the pressure of lower oil prices.
06 May 2009
269. Wall St dips on profit-taking as bank tests loom
U.S. stocks fell on Tuesday as cautious investors fretted about impending bank stress test results and energy shares succumbed to the pressure of lower oil prices.
06 May 2009
270. GMAC loss widens, says can weather GM bankruptcy
GMAC LLC, which provides loans to buyers of General Motors Corp <GM.N> vehicles, on Tuesday said its first-quarter loss grew by 15 percent, reflecting an increase in soured mortgage and auto loans as the economy weakens.
05 May 2009
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