Archive for May 10th, 2008
Citigroup to Shed Nearly $500 Billion in Assets
Citigroup to Shed Nearly $500 Billion in Assets
NEW YORK — Citigroup Inc.’s new chief executive, Vikram Pandit, plans to stick with a global banking model after months of intense review - but only after shrinking the company by about one-fifth first. […]
March Trade Deficit Drop Bigger Than Expected
March Trade Deficit Drop Bigger Than Expected
WASHINGTON — The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one […]