By Anthony DiPaola May 9 (Bloomberg) — Fiat SpA’s bid for General Motors Corp.’s Opel unit is “more advanced” than a rival’s as Italy’s largest carmaker pledges to keep more jobs in Europe, a German government official involved in the talks said.
By Allison Abell Schwartz and Cotten Timberlake May 7 (Bloomberg) — Wal-Mart Stores Inc. and Aeropostale Inc. reported April sales that exceeded some predictions as the Easter By Maya Jackson Randall Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)–US Federal Reserve Chairman Ben Bernanke said Thursday the current financial crisis proves that banking regulators must be [...]
The country’s top energy regulator says the federal government needs to spend much more money on improving the country’s electrical grid.
By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) — Shares of US financial stocks posted their best day in more than a month on Monday, rising about 10% as investors handicapped what “stress-test” results assessing the nation’s largest banks will …
Silverton Bank closes, costing the Deposit Insurance Fund an estimated $1.4 billion. Smaller New Jersey and Utah banks also shutter.
By RUSSELL ADAMS Citing progress in negotiations, New York Times Co. gave unions representing employees of its Boston Globe newspaper two more days to agree to $20 million in concessions to save the paper from closure.
General Motors Corp. will cut 7000 to 8000 jobs in addition to cuts announced two months ago, and it will eliminate its Pontiac brand.
By Courtney Schlisserman April 23 (Bloomberg) — Sales of US previously owned homes fell in March after jumping a month earlier by the most in more than five years, indicating the market will remain depressed for much of the year.
By BRETT ARENDS Most people like a tax break. So three cheers for Texas governor Rick Perry, who on Tax Day highlighted a radical way to cut your federal …
Sony-Ericsson on Friday reported a first quarter loss of $387 million and will cut an another 2000 jobs. It is unclear how many of those cuts would come from the company’s North American headquarters in Research Triangle Park, where Sony Ericsson cut …