Today’s Manitoba Business
Industrial developers worried
By Murray McNeill Winnipeg industrial developers are casting a nervous eye south of the border as they consider their construction options for 2009.
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Wachovia wants Wells Fargo deal
CHARLOTTE, N.C. -- Wachovia Corp. said Sunday it does not believe an order by a state supreme court judge in New York has "any effect on the validity" of a merger between the Charlotte bank and Wells Fargo & Co.
<Full Story>Europeans take action amid crisis
By Matt Moore STOCKHOLM, Sweden -- Germany became the newest European country to allay fears about the financial meltdown, guaranteeing private bank accounts as governments scrambled on their own to save failing banks.
<Full Story>How many U.S. banks will fail?
By Michael Liedtke SAN FRANCISCO -- Here's a safe bet for uncertain times: A lot of banks won't survive the next year of upheaval despite the U.S. government's $700-billion plan to restore order to the financial industry.
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PEOPLE
<Full Story>Frazzled investors uttering TGIF
TORONTO -- Friday marked the end of a horrendous week for Canadian investors, who watched Toronto's benchmark index fall a total of 1,322.64 points or 11 per cent over five days of frantic trading.
<Full Story> Business calendar
This morning's opening numbers:
<Full Story>Toronto market up 500 points
What the brokers say TORONTO -- The Toronto stock market rose nearly 500 points Tuesday, offsetting a good chunk of the record-setting loss that followed the failure of a US$700-billion bailout for the U.S. financial industry.
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