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October 20, 2008
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Five banking system changes that you should know about

by Boston.com - Oct 20,2008

Basic banking rules have changed in recent weeks as regulators have moved to bolster investor confidence both in the financial system and the economy. The changes include higher limits on deposit insurance and the government purchasing shares in banks including Bank ... [full story]

U.S. Venture Investment Drops 7% to $7.37 Billion in 3Q08

by PR Newswire - Oct 20,2008

SAN FRANCISCO and NEW YORK, Oct. 18 /PRNewswire/ -- As the economy weakened during the third quarter, venture capitalists continued to rein in investments in U.S.-based companies, according to the Quarterly U.S. Venture Capital Report from Dow Jones VentureSource (www.venturecapital.dowjones.com). ... [full story]

California wildfires nearly fully surrounded

by AP Associated Press - Oct 20,2008

LOS ANGELES (AP) — Firefighters neared full containment Thursday of the smoldering remnants of deadly Southern California wildfires that destroyed more than 50 homes and forced thousands of residents to flee. The notorious Santa Ana winds continued to diminish, but weather ... [full story]

Hurricane Omar Veers Toward Ocean

by The New York Times - Oct 20,2008

He came, he saw, he fizzled? Hurricane Omar, a powerful storm capable of inflicting yet more damage near the tail-end of a hurricane season that has already produced sweeping devastation, sliced through the southern Caribbean on Thursday, stirring up panic and ... [full story]

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