LOS ANGELES — California, the nation’s most populous state and one of the world’s largest economies, has warned the Treasury Department that it may need a $7 billion emergency loan.

Jones off to Oldham on loan (Express and Star)
Wolves left-sided player Daniel Jones has joined League One high-fliers Oldham on a 28-day loan. The 22-year-old, who signed a year s extension to his contract this week, is now contracted to the club until 2009.

Mass. asks about federal loan amid market worries (Miami Herald)
The treasurer of Massachusetts has asked the federal government about lending Massachusetts money under the same favorable terms it has given banks and firms during the financial crisis.

SBA Disaster Loan Outreach Center Opens in Duval County (wallstreet:online AG)
The U.S. Small Business Administration announces today the opening of a Disaster Loan Outreach Center

Area business leaders agree that aid package not ideal but needed (The Reidsville Review)
Local businessmen agree the federal government is right to institute some form of financial aid package to reignite the stalled economy. But those businessmen who shared their opinions the same day Congress and the president approved a $700 billion bailout weren t willing to give leaders everything they were asking for to pass the deal.

SBA Disaster Loan Outreach Center Opens in Duval County (Centre Daily Times)
The U.S. Small Business Administration announces today the opening of a Disaster Loan Outreach Center at the Duval County, Jacksonville, Florida Monday, October 6 at 10 a.m. in the Regency Square Regional Building. Opening of this Center will make it convenient for disaster survivors affected by the Tropical Storm Fay that occurred August 18 - September 12, 2008 to apply for disaster loan …

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