Global Investing Roundups: Friday, May 16th, 2008
May 16th, 2008 | By William Patalon III | Category: Politics & EconomicsChina Quake Death Toll Could Hit 50,000; Initial Jobless Claims Edge Higher; CBS to Acquire CNet; GM Strikes Deal with Union; Fed Chair Urges Banks to Raise Capital; Industrial Output Sinks Led by Auto Industry; Profit Falls, Stocks Rise for Penney’s; Multi-Billion Housing Rescue Package Close to Resolution.