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Freddie Mac?s Big Loss Dims Hopes of Turnaround Freddie Mac, the big mortgage finance company, reported a gaping quarterly loss and predicted that home prices would fall further than previously projected.

Dealbook: On Wall St., Reputation Is Fragile The story of the resignation of Steven Rattner, a managing director at Credit Suisse, started with an extramarital affair and ended with an Internet vendetta.

Your Money: Ditch the Gas Guzzler? Well, Maybe Not Yet There are some questions to consider if you are tempted to get rid of your S.U.V., and some tips for figuring out whether it may be more financially sensible to hang onto it for a little longer.
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Amazon Offers Other Sites Use of Its Payment Service The Seattle-based online retailer unveiled a new payment service that it will offer other online retailers to use on their Web sites.

After Delay, KKR Finds a Way to Go Public The plan would value the storied private equity firm at $12 billion to $15 billion and is part of a complex deal in which it will buy its publicly traded affiliate, KKR Private Equity Investors.
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More Subscribers Boost Netflix Results Netflix says its profit rose 4 percent, helped by an increase in subscriptions and the introduction of a device that allows customers to stream video directly to their TVs.

Vodafone Cuts Revenue Forecast Vodafone, the world?s largest cellphone operator, said it was cutting its revenue forecast for the year to around $79.6 billion, the lower end of its previous estimate.

Indecency Penalty Against CBS Is Rejected A federal appeals court overturned a decision to fine CBS stations $550,000 for broadcasting a brief breast flash by Janet Jackson during the 2004 Super Bowl broadcast.

Work Out Problems With Lenders? Try to Find Them Today?s lenders often sell the loans they make to investors, making it nearly impossible for homeowners to discover whom they should contact about a delinquency.

Starbucks to Close 10 Stores In New York by Mid-2009 Starbucks said that 10 of the 600 coffee shops it planned to shut by mid-2009 would be in New York City, which would leave New Yorkers with 225 Starbucks to choose from.
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