U.S. recession deepens, countries boost spending

NEW YORK (Reuters) – The United States fell deeper into recession, data showed on Wednesday, as the number of people filing for jobless benefits hit a 26-year high last week and consumers cut spending for the fifth consecutive month.

NYSE, Nasdaq short interest fall

NEW YORK (Reuters) – Short interest fell on the Nasdaq and on the New York Stock Exchange in mid-December, reflecting a decrease in bearish sentiment and a desire by short-sellers to lock in profits.

U.S. shoppers search for last-minute holiday deals

CHICAGO (Reuters) – Procrastinating U.S. shoppers headed out to buy last-minute gifts on Wednesday, while retailers tried to put a tough holiday season behind them and began to promote sales for the days after Christmas.

General Assembly ups U.N. budget for 2008-09

UNITED NATIONS (Reuters) – The U.N. General Assembly increased the world body’s two-year core budget by about one sixth on Wednesday, reflecting higher costs of missions in trouble spots and plans for new U.N. jobs.

Wachovia, Wells Fargo merger gets nod

NEW YORK: Shareholders of the troubled financial services firm Wachovia Corporation have given their approval for the merger with banking major Wells Fargo, a move that will create one of North Americas most extensive financial services distribution

(CSRwire) Bank of American and Citigroup Oppose U.S. Economic Security Resolution

Corporate Social Responsibility News CSR News from: News Categories: (CSRwire) Napa, California – Harrington Investments, Inc., (HII) a socially responsible investment advisory firm, has announced that Bank of America and Citigroup, two of the biggest