At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know.
October auto sales defy the sluggish economy
Car sales were up last month for Detroit automakers, with Chrysler on top reporting a 27% sales increase. Trucks and SUVs fueled Chrysler's spike in growth, with sales of its Ram pickup truck climbing 21% for the month. Ford
Boeing CFO to retire in April
Aerospace giant Boeing
FBI joins investigation of MF Global Holdings
One-time Goldman Sachs
Global markets tumble on uncertainty in Europe's bailout plan
Greek Prime Minister George Papandreou's call for a referendum on the newest bailout plan for Greece sparked panic across global financial markets on Tuesday. At yesterday's close, the Dow Jones Industrial Average
The referendum, which increases the likelihood of a Greek default, threatens to cut off international funding to Greece if the people vote "no." A possible default puts other eurozone governments and the continent's entire financial system at risk of collapse. The U.S. government fears that a financial crash to this extent could damage global growth. Read the full story at The Wall Street Journal.
That's a wrap
So there you have it -- the top financial stories for this afternoon. If you are interested in getting all the news and commentary on these stocks, sign up to My Watchlist here -- it's free!