Behind Your Business

Apparently there are limits to the government's bailout bonanza after all.After funding bailouts and backstopping deals for a number of banks, brokers, GSEs and insurance companies, the Bush administration will not provide funding for a GM-Chrysler merger

AFP - Wall Street shares bounced higher Friday, prompting solid gains in Europe at the end of a month of wild volatility and huge losses amid fears a deep recession lies ahead.

AP - World markets rose Friday amid stock buying from pension funds balancing their portfolios at the month's end and a general sense that share prices may have hit a bottom. Asian shares had earlier closed mostly lower.

AFP - London shares climbed on Firday as falling fuel prices buoyed retailers and travel companies.

Reuters - Shares of Prudential Financial and Principal Financial tumbled on Friday on worries that some life insurers could face capital shortfalls.