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The article reports on deal reached by office space company WeWrok with financial firm SoftBank and other investors for reducing its debt and secure financing.

In the article, the author offers tips to people on how to successfully install a solar energy system on their roofs. Also cited are his experiences in installing a solar and battery system at his home in New York City, New York that resulted in reduced utility bills and consistent supply of electricity, and the growing interest in said system due to high energy prices, climate change, and intermittent blackouts.

The article reports on several virus briefing news including Best Buy said it was selling this year's new gaming consoles online only, to avoid lines outside stores; Walmart put on three separate sales in November, both online and in store; and Los Angeles has announced closure of outdoor dining.

The article discusses the implications of a decrease in the benchmark price for crude oil in the U.S. on April 20, 2020 due to the COVID-19 pandemic.

The article offers information on the plans of Ford Motor, that it would put most of its operations in India into a joint venture to be headed by the Indian vehicle maker Mahindra & Mahindra.

The author discusses decision of Hank Azaria, white actor who has voiced Apu for 29 seasons in "The Simpsons," to stop playing the character as it infantilize Indian Americans.

The author discusses promise of self-driving cars to make commuting more pleasurable and safer making people neglect basic road safety measures.

The article reports on efforts to replace the U.S. Affordable Care Act under the administration of U.S. President Donald Trump; and mentions that AK-47 rifles will no longer be imported from Russia.

The author reflects on announcement made by U.S. President-elect Donald Trump for taking active role in shaping industrial policy along with information on Trump's campaign which promises to cancel trade deals and increase import tariffs.

The article reports on several football players from Mumbai Gladiators football team in Mumbai, India who have joined weekly drills and scrimmage at the Juhu Beach in the country in 2012. It says that the athletes want to join the Elite Football League of India (EFLI) which aims to introduce American football to several countries including India, Pakistan, and Sri Lanka. Moreover, Richard Whelan of EFLI considers the game as an absolute joke compared to the National Football League (NFL).

NEW DELHI -- As electric power was restored across northern India on Wednesday, political jockeying over who was to blame for the widespread blackouts intensified. The nation's new power minister distanced himself from assertions by his predecessor that state officials were responsible for Monday and Tuesday's blackouts by drawing more power for their regions than they were allotted. But the former power minister, who was promoted in a cabinet reshuffle, kept right on making those claims. [ABSTRACT FROM AUTHOR]

MUMBAI, India -- A strike at the biggest Indian car company, Maruti Suzuki, idled one of its four major production plants for the fifth consecutive day on Tuesday. The dispute pits the aspirations of manufacturing workers against the economic realities of a national labor glut. The strike is the latest in a series of labor relations problems at the four-year-old plant in Manesar, about 30 miles south of New Delhi, that are crimping sales for the automaker. The company, which makes about half the cars sold in India, is majority-owned by Suzuki of Japan. [ABSTRACT FROM PUBLISHER]

The article discusses the strategies of the presidential campaign of billionaire-turned-politician Donald Trump and his use of the campaign slogan which is one of the favorite sayings of Indian Prime Minister Narendra Modi.

The author reflects on the business of search engine company Yahoo and mentions topics including telecommunication firm Verizon, social networking company Facebook, and the internet.

In this article, the author discusses the benefits switching from a package of cable television, telephone and Internet service with cable telecommunication company Time Warner Cable to a stand-alone Internet access plan for saving money and watching movies and television of own interest.

The article reports that the U.S. Office of Federal Housing Enterprise Oversight, the agency which regulates the government-sponsored enterprises Fannie Mae and Freddie Mac, will remove limits on the amount of loans and securities which can be owned by the two firms. The decision is intended to provide further support for the declining housing market.

The article reports that significant economic indicators continue to provide bad news on the U.S. economy. The wholesale price index rose 1 percent in January, 2008 due mostly to higher prices for gasoline and food. Standard & Poor's Case-Schiller housing price index fell 9.1 percent in December, 2007 from the same month in 2006, an annual decline of 20 percent. Analysts said the Federal Reserve Board would find it difficult to further cut interest rates.

The article reports that the bond insurance company, Ambac Financial Group, plans to split itself in two to protect its top credit ratings. The company would also like to raise $3 billion to strengthen its finances. Under Ambac's plan, one part of the company would guarantee safe municipal bonds, while the other would insure more complex securities backed by mortgages. News of the plan helped the Standard & Poor's 500-stock index close up 0.8% after being down the day before.

The article reports that in an effort to try and restore confidence in the municipal bond market, regulators are considering splitting up the companies that insure bonds. The companies would be split into two parts, one that is safe for municipal debt and the other for riskier mortgage related securities. Supporters of the measure are asserting that it would restore confidence in the financial markets broadly.

The article reports that a form of municipal debt known as auction-rate securities, previously regarded as conservative investments, has seen its market collapse. Auctions for 1000 of the securities held on February 12-14, 2008 failed for lack of bidders. This has resulted in sharply higher interest rate costs for a variety of public and private institutions including the Port Authority of New York and New Jersey and the Metropolitan Museum of Art.

The article reports that billionaire financier Warren E. Buffett has offered to reinsure some $800 billion in municipal bond insurance policies written by the troubled bond insurance firms MBIA, Ambac Financial, and Financial Guaranty Insurance. The $5 billion offer would not support the company's policies on mortgage-backed securities which are the cause of their difficulties, and would strip them of their prime revenue source. Ambac rejected the offer.

The article reports that the continued decline in U.S. housing prices is beginning to affect persons with good, or prime, credit histories. An increasing number of persons with good credit records are falling behind on mortgage loan payments and other consumer loans as the fall in home values prevents them from refinancing their mortgages to repay debt. This development is seen as a serious problem for the U.S. economy.

The article reports that the financial ratings agencies Standard & Poor's and the Moody's Corp. have made proposals to restore confidence in their credit ratings damaged by the crisis in mortgage-backed securities. The two firms said they would increase their scrutiny of the processes used by securities issuers. New York State Attorney General Andrew Cuomo, who is investigating the agencies, called their actions inadequate.

The article focuses on the 2008 American Securitization Forum in Las Vegas, Nevada in February, 2008. The congress is a gathering of the financial services industry managers who created the mortgage-backed securities which are held responsible for the devastating effect on U.S. finance of the decline in housing prices in 2007. Despite having experienced significant losses individually, the attendees participated in extravagant dinners and other social events.

The article reports that U.S. stock markets dropped in reaction to a report by hedge fund manager William A. Ackman on the bond insurance companies Ambac Financial Group and MBIA Inc. Ackman stated the two firms could lose $24 billion on mortgage-backed securities they have insured, which could threaten their survival. Should either company fail, the resulting losses to the financial services industry could be in the hundreds of billions of dollars.

The article reports that the U.S. Federal Bureau of Investigation (FBI) has opened criminal inquiries into 14 companies as part of an investigation of the mortgage loan industry. The FBI is seeking evidence of possible accounting fraud, insider trading, and other illegal practices related to loans made to borrowers with subprime credit. The investigation involves companies from the entire spectrum of the financial services industry.

The article reports that the U.S. housing market may be heating up after falling for most of the second half of 2008. Home buyers are taking advantage of the plentiful possibilities caused by mortgage foreclosures. To aid this movement, the U.S. Federal Reserve dropped interest rates as U.S. President George W. Bush revealed his economy stimulus plan. There has been a sharp rise in refinancing applications, and market analysts feel buyers are waiting to see how low home prices will go.

The article reports that Clayton Holdings, a Connecticut firm which reviewed the quality of mortgage loans for prominent investment banks, has agreed to provide evidence to a New York state investigation of the banks. The evidence will show that the banks had detailed information about the risks posed by subprime mortgages. New York Attorney General Andrew Cuomo is investigating whether that information was withheld from investors in mortgage-backed securities issued by the banks.

The article reports that U.S. government regulators of the financial services industry have begun discussions on possible action to shore up the bond insurance companies MBIA and Ambac. The two firms have guaranteed over $1 trillion of bonds, and may not be able to repay investors if the borrowers default on them, creating a financial crisis. Officials met with representatives of major banks to discuss a possible bailout. News of the meeting led to a dramatic rise in stock prices.

The article focuses on U.S. stock market activity in the aftermath of the Federal Reserve Board's surprise announcement of a large interest rate cut. Prices had been expected to fall drastically in reaction to similar declines in global stock prices before the cut was announced. Stock price indexes were lower for the day, but the losses were not nearly as deep as had been feared by stock traders. Uncertainty and anxiety about future stock prices remain common.

The article examines the wave of litigation which has hit the financial services industry in the wake of the crisis created by mortgage-backed securities and the decline in U.S. housing prices. The lawsuits involve almost all the affected parties, from individual homeowners to leading banks. The issues involved are complex, but basically relate to how much lenders told borrowers and investors about the risks in loans and securities, and how much they were required to disclose.

The article reports on an investigation by Attorney General Andrew Cuomo of New York into whether Wall Street banks may have helped create the subprime mortgage crisis by withholding information from investors about risky "exception" loans. The attorney general in Connecticut, Richard Blumenthal, is conducting a similar review.

The article reports that U.S. stock prices fell sharply in late trading after Randall L. Stephenson, Chief Executive Officer of AT&T, said he saw signs of a decline in consumer spending, and on rumors that mortgage lending firm Countrywide Financial would declare bankruptcy. All major stock price indexes declined over 1.8 percent. The Standard & Poor's 500 index has fallen in all but one day's trading in 2008 and is down over 5 percent for the year.

The article reports that the financial services firm State Street Corporation has been sued by five investors claiming they lost tens of millions of dollars when the company bought mortgage-backed securities with their funds after saying it would place them in safer securities. In response, State Street fired a senior executive, William W. Hunt, and said it would set aside $618 million to cover legal claims.

The article examines the prospects for U.S. economic conditions in 2008. Although the subprime mortgage crisis and falling home prices slowed growth in 2007, it did not halt it. Analysts are uncertain if rising oil prices and a continued housing market decline will lead to a recession, or if other sources of growth will support consumer spending.

The article reports that 2008 was a turbulent year for the stock market and financial firms. The author states that the mortgage crisis was a major cause for the trouble. The Standard & Poor's 500-stock index ended 2008 up 3.5 percent, a small margin less than the inflation rate. The gains made by sectors like technology, energy, and materials are also discussed.

The article focuses on the business career of investor Warren E. Buffett. In December 2007, Buffett stunned Wall Street by announcing that he would enter the troubled bond insurance business. He has spent over $440 million for a unit of ING Groep, a financial corporation, and on Christmas, purchased a $4.5 billion stake in the industrial conglomerate owned by the Pritzker family. The author reports that Buffett also bought $2.1 billion of debt issued by the TXU Corporation, weeks earlier.

The article focuses on the housing market in the U.S. in 2007. The decline in home prices spread to more regions of the country, as prices fell 6.1% from October 2006 in 20 metropolitan areas. The decline could affect the economy by leading to more foreclosures as homeowners have difficulty refinancing mortgages. Economists are hopeful that declining prices would allow the housing market to recover quicker by encouraging the sale of homes and reducing the inventory of properties on the market.

The article focuses on the business deals of Warren E. Buffett. The author reports that after just 2 weeks of negotiations, Buffett, who is looking for acquisitions on which to spend his company's billions of dollars, purchased an industrial conglomerate in a deal announced in December 2007. The Pritzker family will sell to Buffett's firm, Berkshire Hathaway, a 60% stake in Marmon Holdings for $4.5 billion dollars. Berkshire will acquire the remaining 40% of Marmon over the next 5-6 years.

The article reports that the financial ratings agency Standard & Poor has cut the rating of troubled bond insurer ACA Financial Guaranty Corp. to subinvestment grade CCC and issued a negative outlook on four other companies which guarantee debts linked to home mortgages. The announcement means that Merrill Lynch, the Canadian Imperial Bank of Commerce, and several other investment banks may have to declare losses on securities they insured through ACA.

The article reports that Merrill Lynch, Bear Stearns, and other major financial service companies are in talks to bail out the bond insurance company ACA Capital Holdings Inc., which lost $1 billion in the third quarter of 2007. ACA has guaranteed $26 billion in mortgage-backed securities. This might make the financial services companies responsible for the billions in losses related to those securities. This is a major test of the credit default swaps created by investors as hedges.

The article focuses on two government reports on U.S. economic conditions in November, 2007. Retail sales rose 1.2 percent in the month, and whole prices increased by 3.2 percent. The statistics suggest that the economy remains relatively strong, which could make it difficult for the Federal Reserve Board to further cut interest rates to cope with the effect of the subprime mortgage crisis.

The article reports that central banks in North America and Europe announced an aggressive plan to infuse more capital into the world banking system in an attempt to ease the affects of the credit crunch created by the fall in U.S. home prices. The Federal Reserve Board plans to loan banks $40 billion in December, 2007. The European Central Bank, Bank of England, Swiss National Bank, and Bank of Canada will lend over $50 billion. Analysts said the plan's success would likely be limited.

The article details a variety of government and state responses to subprime lending problems in the U.S. Iowa's Attorney General Tom Miller is trying to work with mortgage companies to rewrite mortgages, thus avoiding foreclosures. His counterpart in New York, Attorney General Andrew M. Cuomo, wishes to try cases against mortgage companies that practiced deceptive lending.

The article reports that the administration of U.S. President George W. Bush and the mortgage industry have reached agreement on a plan to freeze interest rates for some holders of subprime mortgages. The plan would allow borrowers current on their payments to keep the lower introductory rates which are scheduled to increase in 2008. Many, perhaps most, subprime mortgage holders would not be affected by the plan. Democrats criticized it as inadequate.

The article reports that major U.S. banks and financial services firms are coming under government investigation for selling risky mortgage-backed securities to investors to minimize their own exposure to the subprime mortgage crisis. Many of the loans defaulted, and investors lost billions of dollars. New York State Attorney General Andrew Cuomo has subpoenaed the records of several major firms including Merrill Lynch and Deutsche Bank.

The article reports that U.S. stock prices fell sharply, reaching a figure 10 percent below their record high on October, 9, 2007. This meets the technical definition of a market "correction." Investors remain nervous about the extent of the losses to the financial system created by the mortgage loan crisis. Citigroup announced it had sold a 5 percent share to the Abu Dhabi Investment Authority for $7.5 billion to bolster its capital position.