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Citi supports plan to let bankruptcy judges alter 0133 - 5 hours ago - WASHINGTON Financial giant Citigroup C Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers, three Democratic senators said Thursday. Sens. Richard Durbin of Illinois, 0133 : USA Today

It's official Obama is the next US president - 1 hour ago - Washington, Jan 9 DPA The US Congress confirmed Thursday that Barack Obama won the presidential election, clearing the final hurdle to certify the election before Obama is sworn in Jan 20. In a joint session of the Senate and House of 0133 : Newstrack India

Stores' dismal December means prices should fall - 2 hours ago - NEW YORK - Dismal sales figures for the holiday shopping season are probably a sign of worse to come for merchants in 2009 - not only more sharp discounts and cheaper groceries but probably fewer stores. Holiday spending was so anemic that 0133 : WJLA

US stocks pare losses upon mortgage deal - 1 hour ago - New York, Jan 9 Xinhua US stocks rebounded from the day's lows and ended mostly higher Thursday after a deal to prevent more foreclosures offset concerns over jobless data and sales slump. The news that US Democratic lawmakers reached an 0133 : Newstrack India

Citi reaches deal with lawmakers on home loans - 33 minutes ago - WASHINGTON AP - Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures. The lawmakers urged other lenders to follow suit. The lawmakers aim to 0133 : PR Inside

Citi reaches deal with lawmakers on altering home loans - 5 hours ago - WASHINGTON A trio of Democratic senators say they have reached a deal with Citigroup on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures. The lawmakers aim to attach the plan to President-elect Barack 0133 : Santa Cruz Sentinel

Citigroup nears compromise on some home loans - 6 hours ago - WASHINGTON - Citigroup Inc. is in advanced talks with legislators on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said Thursday. Until now, the banking industry has 0133 : Canada East

Citi nears deal with Congress on home loan change - 6 hours ago - WASHINGTON Citigroup is in advanced talks with lawmakers on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures, a person briefed on the matter said today. Until now, the banking industry has been 0133 : Houston Chronicle