U.S. seizes Fannie, Freddie, aims to calm markets
WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N), launching what could be its biggest bailout ever in a bid to support the U.S. housing market and ward off more global financial market turbulence. More »Lehman announces senior management changes
NEW YORK (Reuters) - Lehman Brothers Holdings Inc (LEH.N) said on Sunday it has named Eric Felder and Hyung Soon Lee as global co-heads of fixed income, following the departure of current global head Andrew Morton. More »Boeing machinists walk off the job as talks fail
NEW YORK/EVERETT, Washington (Reuters) - Boeing Co's (BA.N) 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. More »