Auto execs testify as legislators try for deal 19 Nov 2008

WASHINGTON (Reuters) - U.S. auto executives went to Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators proposed changes to help a bailout pass Congressional and White House muster.

JPMorgan, Citigroup, BofA hit multiyear lows 19 Nov 2008

NEW YORK (Reuters) - Shares of JPMorgan Chase & Co , Citigroup Inc and Bank of America Corp tumbled to multiyear lows on Wednesday on expectations that deteriorating credit conditions and a contracting economy will weigh heavily on the three largest U.S. banks.

Wall Street sinks to lowest since 2003 19 Nov 2008

NEW YORK (Reuters) - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline.

GE embraces blogs, some see disclosure worry 19 Nov 2008

BOSTON (Reuters) - General Electric Co has quietly changed the way it communicates with Wall Street over the past month, using a company blog, GEReports.com, to share news with investors.

Boeing defense unit to cut 800 jobs 19 Nov 2008

NEW YORK (Reuters) - Boeing Co said on Wednesday it would cut about 800 jobs, or one-quarter of the staff, from its defense unit operations in Wichita, Kansas.