U.S. banking industry profits plunged by 86 percent in the second quarter and the number of troubled banks jumped to the highest level in about five years, as slumps in the housing and credit markets continued.
industry profitsFDIC says bank profits have fallen by 86 percentNewsvine - business Tue, 08/26/2008 - 13:51
U.S. banking industry profits plunged by 86 percent in the second quarter and the number of troubled banks jumped to the highest level in about five years, as slumps in the housing and credit markets continued. Congress Presses Oil Execs on High PricesNewsvine - business Tue, 04/01/2008 - 02:11
Top executives of the five biggest U.S. oil companies were pressed Tuesday to explain the soaring fuel prices amid huge industry profits and why they weren't investing more to develop renewable energy source such as wind and solar. |
