Treasury to ensure stable Fannie, Freddie: Barney Frank - Reuters - 50 minutes ago
U.S. House Financial Services Committee Chairman Barney Frank said on Saturday that the U.S. Treasury Department plans to ensure the stability of mortgage finance giants Fannie Mae and Freddie Mac .

Alitalia adviser to meet BA on rescue plan: report - Reuters - Sat 11:44 am ET
Alitalia's adviser will soon present its rescue plan for the airline to British Airways , considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.

Boeing machinists strike - Reuters - Sat 7:25 am ET
Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer after two days of emergency talks.

DSG sought bid from Media Markt, but rebuffed: report - Reuters - Sat 5:32 am ET
Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc to consider a bid for its closest rival, the Financial Times said on its Web site.

U.S. to take control of Fannie and Freddie: reports - Reuters - Sat 1:04 am ET
The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history.

Boeing machinists to strike as contract talks fail - Reuters - Fri 11:42 pm ET
Boeing Co's 27,000-strong machinists' union declared it will strike at midnight Pacific time on Friday, as the plane maker failed to improve its contract offer after two days of emergency talks.

Citi could sell Primerica, Texas business: Ladenburg's Bove - Reuters - Fri 11:39 pm ET
Citigroup could sell its Primerica financial services unit and its First American banking subsidiary in Texas as the bank continues to restructure its business, Ladenburg Thalmann analyst Richard Bove said in a research note.