By Roddy Boyd
A reprieve comes from the Fed, but the insurer's future is surely going to be very different. more
By Marc Gunther
He came to Washington reluctantly. His job was almost a backwater. Today his task is momentous, wrestling down the greatest financial crisis of our time. more
Once reserved for business executives, smartphones today are thinner, sleeker and available in colors like pink and aquamarine. Here are some of the latest styles. more
By Shawn Tully
As Lehman's demise and Merrill's acquisition make clear, a business model built on ramping up risk and leverage simply doesn't work. more
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video
Fortune's managing editor talks about the latest issue - Hank Paulson, California wine country and MySpace's new music venture. more
-
technology
Coming soon to MySpace pages everywhere: Kid Rock, free. Christina Aguilera, free. T.I., free. Just about any music out there, free. (With ads, of course.) more -
economy
Lehman, Merrill - even Goldman - got levered up to their eyeballs during the boom. Now we're all paying the price. more -
International
The rising cost of labor and shipping abroad are driving manufacturing back to the U.S. So are the logistics of dealing with far-flung suppliers. more -
Commodities desk
A new report arguing that speculators are to blame for high prices is way off the mark, but that won't stop politicians from using it as "evidence." more -
media
Cecile Frot-Coutaz is a force behind American Idol and America's Got Talent. Can her brand of schlock save network TV? more -
Berkshire Hathaway subsidiary Clayton homes makes loans to low-income households - and foreclosures have actually dropped. more
By Jon Fortt
Tech companies are relying on overseas customers for revenues as financial firms cut spending. more
By Devin Leonard
MySpace Music isn't offering one. So why should anyone else in an age of free ad-supported tunes? more
Electronic Arts hopes for big returns on its investment in Spore, the latest game from the designer of the Sims series. more
- Stocks slump on AIG, housing
- Oil off its highs on supply report
- House passes drilling bill
- New housing construction at 17-year low
- Mutual funds vs. private money managers
- Gas prices tick higher: Down 6% from July
- After bankruptcy, an entrepreneur rebuilds
- Big UK mortgage lenders talk merger
- Nortel says revenue will fall in 2008
- SanDisk rejects Samsung's $5.85B bid
- Fed's price: AIG must shrink More
- Ex-CEOs' missteps still haunt AIG More
- The end of Wall Street More
- The deepening auto recession More
- Wall Street's troubles are yours, too More
- Lehman's dying hours More
- Future bleak for music subscription... More
- The power of Paulson More
- AIG woes could swat swap markets More
- The Lehman Lesson More
- Apple boring? Get over it More
- iPhone: Big trouble in the App Store More
- Paint it white: Cool roofs save cash... More
- Plastic Fantastic More
- Lehman: stress test for bankruptcy laws More
- iTunes ‘Genius’ feature... More
- Hewlett-Packard’s plans for EDS More
- Mark Hurd crunches the numbers More
- Thumbs up for iPhone 2.1 fixes More
- Will Wall Street sink tech? More
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- The power of Paulson more
- Worst far from over more
- The end of Wall Street more
- Value Driven: Brains vs. brawn more
- A flier strikes back more
- Saving the iPod more
- Paulson changes the rules of the capital... more
- Google turns 10: A look back more
- Why cheaper oil signals trouble more
| Company | Price | % Change |
|---|---|---|
| Lehman Brothers Holdings Inc | 0.14 | -52.33% |
| American International Group, Inc | 2.13 | -43.20% |
| Morgan Stanley | 24.08 | -16.11% |
| Wachovia Corp | 9.99 | -13.21% |
Sep 17 11:05am ET †
| Index | Last | % Change |
|---|---|---|
| Dow Jones | 10,799.62 | -2.35% |
| Nasdaq | 2,143.12 | -2.93% |
| S&P 500 | 1,179.37 | -2.82% |
| 10yr | 104 31/32 | Yield: 3.40% |
Sep 17 11:08am ET †
| Company | Price | % Change |
|---|---|---|
| SanDisk Corporation | 21.87 | 45.41% |
| Sanmina Corp | 1.80 | -9.55% |
| Unisys Corporation | 3.34 | -5.92% |
| Amazon.com, Inc | 74.26 | -5.68% |
Sep 17 11:08am ET †
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