Economic optimism may trump GM bankruptcy
NEW YORK (Reuters) – Wall Street faces a historic shake-up next week as General Motors, a pillar of American industry, heads into bankruptcy, but the market could advance further if economic data signals the worst of the recession has passed.
SPREAD YOUR RISK – Indian Express
After a tumultuous year and a half for equities, we are now seeing some signs of recovery and expect the markets to break out from the clutches of marauding bears soon. No matter how good this sounds, equity-market performance last year corroborates …
As Motor City stalls, Hockeytown’s Red Wings soar
DETROIT (Reuters) – All that separates the headquarters of U.S. automaker General Motors Corp and the hockey arena where the Detroit Red Wings play is a 10-minute walk along the banks of the Detroit River.
UPDATE 1-GM plans Monday bankruptcy, liquidation czar-sources
* Filing to be made in New York’s Southern District-source
Six killed when Abbas forces hit Hamas in West Bank
QALQILYA, West Bank (Reuters) – Six people were killed on Sunday when forces loyal to Palestinian President Mahmoud Abbas raided a Hamas hideout, just days after he promised in Washington to fulfill his security commitments.

