Top World News
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Business News
| Government seizes control of GSEs
(Reuters)
| Reuters - The U.S. government on Sunday seized
control of mortgage finance companies Fannie Mae and
Freddie Mac , in what could be the biggest federal
bailout in U.S. history in a bid to support the U.S. housing
market and ward off more global financial market turbulence.
| | Boeing machinists walk off the job as talks fail
(Reuters)
| Reuters - Boeing Co's
27,000-strong machinists' union walked off the job on Saturday
after the plane maker failed to improve its contract offer
following two days of emergency talks.
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