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Sunday, February 1, 2009 12:02 AM PST

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Today's Business News: Strike by 24,000 refinery workers averted for now Obama readies road map for new bailout spending GOP governors press Congress to pass stimulus bill Official: GOP senator tops list for commerce post Will family's 4th generation at GM be its last? NBC sells out Super Bowl ads for record $206M How the major market indexes fared Oil industry profits plunge; no regrets at Exxon Obama pledges mortgage help with new financial plan Amazon Sales Jump 18 Percent Despite a Retail Slump Strike by 24,000 refinery workers averted for now Sat, 31 Jan 2009 10:51 pm PST AP - A strike by some 24,000 refinery workers was averted, at least for now, as both sides agreed to extend negotiations for at least 24 hours. Full Story Top Obama readies road map for new bailout spending Sat, 31 Jan 2009 10:48 pm PST AP - President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives as he readies a new road map for spending billions from the second installment of the financial rescue plan. Full Story Top GOP governors press Congress to pass stimulus bill Sat, 31 Jan 2009 10:52 pm PST AP - Most Republican governors have broken with their GOP colleagues in Congress and are pushing for passage of President Barack Obama's economic aid plan that would send billions to states for education, public works and health care. Full Story Top Official: GOP senator tops list for commerce post Sat, 31 Jan 2009 10:54 pm PST AP - President Barack Obama appeared Saturday to be leaning toward appointing a third Republican to his Cabinet, a move that would place the fiscally conservative Sen. Judd Gregg at the head of the Commerce Department even though a liberal Democrat was initially tapped for the post. Full Story Top Will family's 4th generation at GM be its last? Sat, 31 Jan 2009 10:55 pm PST AP - As a 10-year-old, Rollin Green was awestruck when he saw the line of hulking orange-and-silver robotic arms swinging with rhythmic precision during his first visit to an auto plant. But something impressed him even more: Full Story Top NBC sells out Super Bowl ads for record $206M Sat, 31 Jan 2009 02:18 pm PST AP - NBC said on the eve of Sunday's Super Bowl that it has sold the last two of the 69 advertising spots for the game, pushing total ad revenue for the event to a record $206 million. Full Story Top How the major market indexes fared Fri, 30 Jan 2009 02:58 pm PST AP - Stocks slumped for a second straight day Friday as investors, already on edge about the worsening economy, were further rattled by a report that Washington's plans to help banks may have hit a snag. Full Story Top Oil industry profits plunge; no regrets at Exxon Sat, 31 Jan 2009 04:22 am PST AP - The extraordinary profits for Exxon Mobil may be over for now, but opportunities abound even in a year that's expected to be miserable for the entire oil and gas industry. Full Story Top Obama pledges mortgage help with new financial plan Sat, 31 Jan 2009 03:07 am PST Reuters - President Barack Obama promised on Saturday to help lower Americans' mortgage costs with a new plan, coming soon, that would revive the financial system and "get credit flowing again." Full Story Top Amazon Sales Jump 18 Percent Despite a Retail Slump Fri, 30 Jan 2009 10:34 am PST NewsFactor - Brick-and-mortar stores may have had a terrible 2008, but Amazon thrived. The giant online retailer said its sales in the fourth quarter were up 18 percent to $6.7 billion, compared to $5.67 billion in the same quarter a year ago. Full Story Top

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