Reuters - Toyota Motor Corp (7203.T), the world's most profitable carmaker, cut its 2009 vehicle sales forecast by nearly 7 percent due to a severe downturn in Western markets driven by high fuel prices and a credit crunch.

Reuters - Fannie Mae , the biggest U.S. mortgage finance company, on Wednesday announced a shake-up of top executives, including the exit of its chief financial officer, in an effort to better implement a plan to preserve capital and cut losses.

Reuters - Shares in Esprit Holdings, the world's No. 5 fashion retailer, plunged nearly a fifth on Thursday to their lowest in two years after the firm missed earnings forecasts and warned investors of tougher times ahead.

Reuters - Top executives at Starbucks Corp including Chairman and Chief Executive Howard Schultz will not be getting raises anytime soon, after the coffee chain's first-ever quarterly loss as a public company.

Reuters - Apparel retailers Chico's FAS Inc and American Eagle Outfitters Inc posted better-than-expected profits on Tuesday despite taking deep markdowns to lure shoppers of all ages, sending their shares higher.

New Orleans Braces as Gustav Set to Follow Hurricane Katrina Bloomberg - 1 hour ago By Jerry Hart Aug. 28 (Bloomberg) -- Almost three years to the day after Katrina devastated New Orleans, disaster-response officials are bracing for Tropical Storm Gustav's projected landfall there as forecasters predict it will strengthen into a major ... Forecasters say the storm could strengthen, hit anywhere from ... Houston Chronicle Louisiana declares emergency in advance of Gustav: report MarketWatch New York Times - Jackson Clarion Ledger - Wall Street Journal - BBC News all 1,261 news articles

Toyota Slashes Sales Forecast - Wall Street Journal

AFP

Toyota Slashes Sales Forecast Wall Street Journal - 59 minutes ago By YOSHIO TAKAHASHI TOKYO -- Toyota Motor Corp. slashed its global sales target for next year, its latest setback after cutting its sales projection for this year a month ago. Toyota Cuts 2009 Sales Forecast on Lower US Demand (Update1) Bloomberg Toyota cuts 2009 sales forecast to 9.7 million vehicles MarketWatch Reuters - The Associated Press - International Herald Tribune - Reuters.fr all 143 news articles

Energy worries mount onshore over Gustav's path - Houston Chronicle

BBC News

Energy worries mount onshore over Gustav's path Houston Chronicle - 1 hour ago By TOM FOWLER Copyright 2008 Houston Chronicle Forecasts that Tropical Storm Gustav could regain hurricane strength and cut a swath through the major offshore oil and natural gas production areas in the Gulf of Mexico also portend a significant threat ... Oil price rises on hurricane fear BBC News Gulf storm stirs fears of oil production problems Indianapolis Star Bloomberg - The Associated Press - MarketWatch - DetNews.com all 1,797 news articles

Management shake-up at Fannie Mae - BBC News

Washington Post

Management shake-up at Fannie Mae BBC News - 21 minutes ago US mortgage giant Fannie Mae has announced a shake-up of top executives, in an attempt to restore confidence after a series of losses. Fannie's Mudd Shakes Up Management to Boost Investor Confidence Bloomberg Fannie Shuffles Its Top Leaders Washington Post Wall Street Journal - CNNMoney.com - Forbes - Bizjournals.com all 364 news articles

Xcel to Disclose Global Warming Risks - New York Times

Wall Street Journal

Xcel to Disclose Global Warming Risks New York Times - 2 hours ago By NICHOLAS CONFESSORE ALBANY - One of the country’s largest builders of coal-fired power plants will give investors detailed warnings about the risks that global warming poses to its business under a deal with New York’s attorney general. Xcel to Expand Greenhouse-Gas Data Wall Street Journal Xcel to disclose pollution costs Denver Post MarketWatch - Bizjournals.com - Minneapolis Star Tribune - Pioneer Press all 68 news articles

YouTube Praises Dismissal of Copyright Suit Against Veoh - New York Times

ReadWriteWeb

YouTube Praises Dismissal of Copyright Suit Against Veoh New York Times - 40 minutes ago By Miguel Helft A federal court in California late Wednesday threw out a copyright infringement lawsuit filed by the IO Group, an adult entertainment company, against Internet video sharing site Veoh Networks, saying that Veoh was protected by the safe ... Veoh Copyright Case Dismissed Wall Street Journal Court: Veoh Not Guilty of Copyright Infringement NewTeeVee paidContent.org - TechCrunch - ReadWriteWeb - CNET News all 9 news articles

Big Shift in Accounting Rules Nears - BusinessWeek

FinFacts Ireland

Big Shift in Accounting Rules Nears BusinessWeek - 1 hour ago US execs welcome the clarity of the SEC's new timetable for switching from GAAP to international standards. But adopting new ways won't be easy or inexpensive by Nanette Byrnes and Keith Epstein Searching for what he called a "lingua franca" of ... US SEC mulls 2014 for international accounting rules Forbes The Evening Wrap Wall Street Journal USA Today - New York Times Blogs - Bloomberg - WebCPA all 226 news articles

Durable-goods surprise doesn't spell recession - Los Angeles Times

Chippewa Herald

Durable-goods surprise doesn't spell recession Los Angeles Times - 1 hour ago M. Spencer Green/AP Washing machines, on display at a Home Depot outlet in Chicago, are in the durable-goods category, which showed strength in July. Report Signaling Consumer Confidence Lifts Markets New York Times US Economy: Durable Goods Orders Unexpectedly Rise (Update2) Bloomberg Wall Street Journal - Forbes - The Associated Press - CNNMoney.com all 890 news articles