The Best of Today's Business

Sifts through business reports in newspapers and on the web, surfacing the top news.

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Global economic confidence has seen better days, according to Bloomberg. The U.S. bails out AIG, averting a possible global meltdown. And an Australian pizza delivery man finds that time isn't money.
Central banks make a coordinated push to grease the wheels of finance, with $180 billion in extra liquidity. Britain's Lloyds TBS buys mortgage lender HBOS for $22 billion. And taxpayers will lose, or gain, billions in the AIG bailout.
With the big Wall Street bailout coming, commodities are climbing back up. Goldman Sachs and Morgan Stanley opt to become better-regulated banks, ending the gilded investment banking era. And the credit crunch hits Mary Poppins.
Singapore's sovereign wealth fund shifts to where the money is: in emerging markets. Congress and the Bush administration get closer to a bailout plan. And Lehman and AIG employees have at least one happy hour.
Chrysler jolts the auto world with three working electric cars. Warren Buffett votes for Goldman Sachs with $5 billion of his dollars. And Vespas are riding rough over other types of vehicles.