In Wednesday's Americas papers

19 November 2008 11:00  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Bill Clinton seeks to smooth wife's path
Bill Clinton offered to submit future charitable and business activities for reviews if Hillary Clinton were nominated as secretary of state. He also agreed for the first time to disclose previous donors to his efforts.

Big three CEOs plead for aid
CEOs of GM, Chrysler and Ford appealed for taxpayers to help their industry, but couldn't dispel doubts in Congress..

Google, P&G swap workers
Google and Procter & Gamble are swapping employees as P&G seeks to learn how to market products online and Google tries to persuade advertisers to shift away from TV.

Money & Investing

Car makers fail to improve resale values
Detroit's auto makers continue to lag behind Asian and European competitors in car resale value, an important consumer gauge.

Medtronic spine device faces probe
The off-label use of a Medtronic implant for promoting bone growth is being investigated amid an FDA warning and whistleblowers' lawsuits.

Boeing delays jet deliveries
Boeing is reworking its production schedule, adding up to 10 weeks to jetliner-delivery dates as it tries to recover from the machinists strike.

THE NEW YORK TIMES

Front page

Holder seen as Justice choice as Obama forms team
Barack Obama’s transition team has signalled to Eric H Holder Jr that he will be chosen as attorney-general, but no final decision has been made, people involved in the process said.

Democrats gain as Stevens loses his senate race
Senator Ted Stevens of Alaska, convicted last month on federal ethics charges, lost his bid for a seventh term, giving Democrats at least 58 seats in the Senate.

Business Day

Unsold foreign cars hogging space at a California port
Unwelcome by dealers and buyers, thousands of cars are being warehoused on crowded port property, creating a vivid picture of a paralysed auto business.

Piling up monuments of waste
When it comes to the nation’s infrastructure, money isn’t the main problem. The bigger problem has been an utter lack of seriousness in deciding how that money gets spent.

WASHINGTON POST

Front page

Ted Stevens loses senate re-election bid
Fairbanks, Alaska Mayor Mark Begich (D) defeats the GOP's longest serving senator a month after Stevens was convicted on seven felony counts.

Holder top pick for justice dept.
Former Clinton official would be nation's first African-American to serve as attorney-general.

Business

The bailout for detroit
Washington Post columnist Steven Pearlstein will be online at 11:00 am ET to discuss the bailout.

Automakers warn of failure without rescue
Heads of Detroit's Big Three appeal to lawmakers for $25bn in emergency loans, but chances look increasingly bleak that Congress will quickly approve a lifeline.

GLOBE AND MAIL, Canada

Front page

'Discrimination eats away at you - and increases your chance of mental illness'
Canada's growing population of immigrants and visible minorities face mental health challenges that are often very different from those of other citizens.

Majority within Charest's grasp, poll suggests
Almost midway into the Quebec election campaign Jean Charest's Liberals have mustered enough support among a largely uninterested electorate to inch their way into majority government territory, but still need to solidify Francophone voter support.

Business

GM Canada beset by pension crisis
The General Motors of Canada Ltd pension funds had a shortfall of $4.5bn as of last November - before the stock market collapse - creating a massive financial headache for the Ontario government and pension cuts for retired employees if the company falls into bankruptcy protection.

Auto execs plea for lifeline to stave off total collapse
The Detroit Three auto makers are warning of a "catastrophic collapse" of the entire US economy if Washington fails to throw the industry an emergency $25bn lifeline.

BUENOS AIRES HERALD

Front page

Aerolineas clear for takeover
A bicameral congressional committee urged President Cristina Fernandez de Kirchner yesterday to expropriate the country’s top airline as the government moves to bring the carrier under state control.

Paulson defends $700bn plan
US treasury secretary briefs House panel on handling of programme and expresses reservations about tapping the pool for mortgage guarantees to relieve skyrocketing home foreclosures.

Obama calls President
President Cristina Fernandez de Kirchner spoke to US President-elect Barack Obama for the first time since his election win, in a telephone conversation while Fernandez was in Tunisia on her North African tour.

By: Staff Reporter
+44 20 8652 3214

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