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Wells Fargo was planning an employee conference in Las Vegas until criticism got the better of them and the company decided to back out.
The Associated Press found out about the conference and reported that starting Friday, it was scheduled for 12 days. However, once word …

Today Ford posted its 4Q loss of $5.9 billion, making 2008′s total loss $14.6 billion. This marks the worst loss the company has ever seen in its 100+ years of existence.
Ford said today that even with the loss, it will not seek government bailout money. …

When word got out that Citigroup would be spending $45 million of its share of the bailout money on a corporate jet, White House officials and President Obama all had something to tell Citi.
Citi execs obviously got the message about their “unacceptable” purchase and released …

In a show of solidarity behind the President-elect, Congress voted for infusing the financial system with the remaining $350 billion just two days after Obama asked them to.
From the AP:
Congress laid the foundation for President-elect Barack Obama’s economic recovery plan on Thursday with remarkable speed, …

Over the summer, a little picture was being passed around the internet of a small gas station or convienicne store that had a sign in front that said “Beer, now cheaper than gas.” Since then oil prices have tanked and now beer sales have fallen.
From …