Chrysler files for bankruptcy; inks Fiat deal

DETROIT/WASHINGTON (Reuters) – Chrysler LLC filed for bankruptcy on Thursday and announced an industry-changing deal with Fiat, after being pummeled by sliding auto sales and unable to reach agreement on restructuring its debt.

Alcoa selling business to Platinum Equity

NEW YORK (Reuters) – Aluminum producer Alcoa Inc said on Thursday it agreed to sell its wire harness and electrical distribution business to Platinum Equity, a California-based private equity group.

RPT-WRAPUP-Pension kickbacks national problem, NY’s Cuomo says

* SEC charges Aldus Equity in New York pension probe
* NY’s Cuomo charges an Aldus founder with securities felony
* NY state pension cuts ties to Aldus; weighs legal remedies
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Seminar: An Introduction to Online and Mobile Communication Strategies for Charities NEW 12 May 2009 London mycharitypage.com

Seminar: An Introduction to Online and Mobile Communication Strategies for Charities 12 May 2009 London mycharitypage.com Contact: 0800 567 7102, info@mycharitypage.com,

Wrinkles in the pension tax plans

Money Talk By Tom McPhail Head of Pensions Research, Hargreaves Lansdown The changes will be especially complicated for the next two years The government’s plans to limit the tax relief granted on pension contributions for high earners – as announced by

Disney joins Hulu video site

NEW YORK (Reuters) – Walt Disney Co will buy a 30 percent stake in Hulu.com, bringing popular TV shows such as “Lost” and “Grey’s Anatomy” to the video website founded by NBC Universal and News Corp.

Dow, S&P dip on Chrysler bankruptcy, MetLife off late

NEW YORK (Reuters) – The Dow and S&P 500 fell on Thursday after Chrysler’s bankruptcy filing undercut optimism about upbeat corporate profits and reassuring job market data.