Finance and investment articles

WASHINGTON - The Treasury Department and mortgage industry leaders are putting the final touches on a plan that could save struggling homeowners from foreclosure by freezing interest rates before they reset sharply higher.

NEW YORK - The Dow and S&P 500 rose on Friday, capping a dismal November with a four-day rally, as financial Stocks rallied on optimism over a proposed rescue for struggling homeowners and on heightened expectations for more interest-rate cuts.

SAN FRANCISCO/WASHINGTON - Google Inc has said on Friday that the company would bid on coveted airwaves to launch a United States wireless network, pitting it against established telecommunications players AT&T and Verizon.

SAN FRANCISCO/WASHINGTON - Google Inc has said on Friday that the company would bid on coveted airwaves to launch a United States wireless network, pitting it against established telecommunications players AT&T and Verizon.

SAN FRANCISCO/WASHINGTON - Google Inc has said on Friday that the company would bid on coveted airwaves to launch a United States wireless network, pitting it against established telecommunications players AT&T and Verizon.

NEW YORK - The ouster of Zoe Cruz, one of Wall Street’s most powerful female executives, as Morgan Stanley’s co-president after a $3.7 billion mortgage loss has liftd questions about how large the ultimate write-down will be — and how much investors will notice.

NEW YORK - Bristol-Myers Squibb Co. has said on Friday it has begun cutting jobs as part of a previously announced restructuring by the United States drugmaker meant to help bolster earnings growth.

NEW YORK - Morgan Stanley may face a fiscal fourth-quarter write-down of as much as $5.7 billion for mortgage-related losses, CNBC television has said on Friday.