Treasury backs away from plan to buy bad assets

The Bush administration on Wednesday publicly backed away from using a $700 billion bailout fund to buy toxic mortgage assets as originally intended, and said it will focus instead on shoring up financial institutions with direct investments.

Stocks fall further on deepening economic woes

Best Buy cuts forecast as sales slump

Congress panel eyes $25 billion automaker loan bill

Dimon: Recession could be worse than market crisis

Google falls below $300 for 1st time since 2005
Google shares slid $22.27, or 7.2 percent, to $289.19. The stock, which traded over $700 as recently as last December, earlier hit a new year low of $287.76.

VIX 66.25 +4.81 +7.83%
FXP 172.98 +16.98 +10.88%
GOOG 291.00 -20.46 -6.57%
FSLR 110.06 -20.84 -15.92%
GS 66.79 -7.89 -10.57%
ISRG 161.94 -7.43 -4.39%