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Alabama Area Reeling in Face of Fiscal Crisis
On Saturday, two-thirds of Jefferson County employees will be laid off in an effort to stave off financial ruin.
Corner Office: In a Near-Death Event, a Corporate Rite of Passage
John T. Chambers, chairman and chief executive of Cisco Systems, says he learned an early lesson from Jack Welch: great companies arise from their biggest failures.
Michael A. Wiener, Founder of a Radio Chain, Dies at 71
Mr. Wiener helped to found Infinity Broadcasting, which would go on to expand to dozens of stations and would hire Howard Stern.
New Leader Tries to Get Toyota Back on the Road
Known for reliability, Toyota has a lineup of mundane-looking vehicles that have failed to generate excitement among buyers.
Paula Abdul to Leave ?American Idol?
Paula Abdul, the pop star who revived a lagging singing career as a warm-hearted judge on ?American Idol,? said that she has decided not to return to the show next season.
Judge Halts Settlement With Bank
A hearing was ordered over Bank of America?s plan to pay $33 million to resolve a case with the S.E.C.
With Jobs Data Due, Experts See Some Lift From Stimulus
Even as another grim report about job losses is expected Friday, economists say that the stimulus package has helped blunt the downturn in limited but discernible ways.
Job Losses Slow, Signaling Momentum for a Recovery
The most heartening employment report since last summer suggested on Friday that a recovery is under way despite the reluctance of the nation?s businesses to resume hiring or even stop shedding jobs.
Paulson?s Calls to Goldman Tested Ethics
Months after former Treasury Secretary Henry M. Paulson Jr. left office, questions linger about his interactions with Goldman Sachs.
Effort to Rein in Pay on Wall Street Hits New Hurdle
The resurgence of bonus guarantees underscores how difficult it is to control Wall Street pay, despite the public outcry over how taxpayer money is being spent.
American Graduates Finding Jobs in China
Shanghai and Beijing are becoming lands of opportunity for recent American college graduates who face unemployment nearing double digits at home.
China Charges 4 Employees of Rio Tinto, but Backs Off Allegations of Spying
China formally arrested an Australian citizen and three other employees of the mining giant in a case that has created a diplomatic uproar.
A Leader Is Called On to Turn Around Lloyds
In his new job in Britain, Winfried F.W. Bischoff has a chance to redeem himself after a frustrating experience in the United States.
Stocks and Bonds: Retail Sales Give Investors Reason to Pause
The markets closed up despite reports showing consumer spending fell in July and more workers filing for unemployment benefits.
Stocks and Bonds: Shares Close Lower Amid Some Profit-Taking
Markets gave back on Friday much of what they had gained on Wednesday after the Fed offered an optimistic read of the economy.
Mexico favours Brazil trade pact
Mexico's President Felipe Calderon says he will propose a free trade agreement with Brazil, during a trip to the country.
Steel protest ends privatisation
The Chinese government cancels the privatisation of a steel firm following worker protests, the country's state media reports.
U.S. Extends Effort to Ease Tight Credit Into 2010
The agencies said they would extend their joint program to finance consumer and business lending for up to six more months.
Housing Starts and Producer Prices Drop
Wholesale prices dropped 0.9 percent in July, and have fallen 6.8 percent over the last 12 months ? the biggest decline in more than six decades of record-keeping.
Leagues See Bloggers in the Bleachers as a Threat
A growing number of professional and college teams have tried to restrict how their games are covered while also creating their own thriving media divisions.
Stocks and Bonds: Stocks Higher in U.S. After Overseas Rebound
Bank stocks were among the gainers as investors bet that the financial sector would continue to heal.
World Bankers Suggest Rebound May Be Under Way
Central bankers from around the world are starting to focus on how to unwind the policies they used to fight the global financial crisis.
Scrambling for Deals as ?Clunkers? Winds Down
The deadline of Monday night took car shoppers by surprise and prodded fence sitters into action.
Asian Shares Start Out Strong
Asian stock markets began the week on a firm footing, as optimism about the state of the global economy once again gained the upper hand.
China Racing Ahead of U.S. in Drive to Go Solar
With cheap loans, electricity and labor, Chinese companies are pulling ahead on solar products.
Toyota to suspend production line
Toyota is planning to suspend production for more than a year at one of its production lines in Japan.
Stocks and Bonds: For Markets, a Day Spent Going Back and Forth
Markets traded in a narrow range after the government reported a bigger than expected increase in overall orders to factories and an increase in new home sales in July.
Stocks and Bonds: Shares Wander Through Day but Close Higher
Trading has been erratic over the last week, even amid data showing improvements in housing and consumer confidence.
Stocks and Bonds: Markets Are Mixed in Tepid Trading
Shares tried to extend their gains after the chipmaker Intel raised its revenue guidance, but fell back in late-morning trading.
GM to form China venture, invest $293 million
Reuters - General Motors said on Sunday it has agreed to set up a light commercial vehicle production venture with major Chinese automaker FAW Group, with total investment of 2 billion yuan ($293 million).
Yen overshadows election optimism
Japanese shares were lower in late trading after rises to the yen overshadowed optimism at the country's election result.
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