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  1. biz.yahoo.com
    Active Managers Get the Cold Shoulder (WallStreet Journal via Yahoo! Finance)
    A growing number of big investors are concluding that stock and bond pickers failed to add any value during the market turmoil and are shifting to index funds.
  2. www.thehindu.com
    American Express asks 200 employees in India to quit (The Hindu)
    U.S. credit card company American Express has started downsizing its Indian workforce and is presumed to have handed over pink slips to about 200 employees and senior executives as part of its global strategy, according to a PTI report. ...
  3. www.iii.co.uk
    (AFX UK Focus) 2008-11-02 14:15 Sabadell says Spain bad loans to rise near 9 pct (Interactive Investor)
    MADRID, Nov 2 (Reuters) - Bad debt levels in Spain will rise close to 9 percent of banks' loan books, Sabadell Chief Executive Jaime Guardiola said on Sunday, before adding that the Barcelona bank was alert to takeover opportunities. Guardiola told newspaper El Pais, in an interview published on Sunday, that bad debt could approach the 9 percent level touched in Spain's last recession in 1993. ...
  4. seattlepi.nwsource.com
    Merkley defeats Smith in Oregon Senate race - Seattle Post Intelligencer
    Day in Pictures Singer Amy Winehouse and more David Horsey Here's (campaign) mud in your eye Amazing animals Photos from the past week LOCAL HEADLINES · $18 million shortfall may force city cuts, layoffs · Gregoire faces problems aplenty · Red ...
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