The punishing four-year decline in U.S. auto sales may have reached a turning point this week -- just as Michael Papa handed over the keys to his 1996 Ford Explorer for a government-sponsored trade-in.
Troubled insurer American International Group Inc has chosen former MetLife Inc chief Robert Benmosche as its new CEO, The Wall Street Journal reported, citing people familiar with the matter.
Former Fed Chairman Alan Greenspan said on Sunday that signs of stabilization and increased confidence in the economy could be dashed if home prices were to take another turn downward.
Oil rose more than $2 a barrel to hit a one-month high near $72 on Monday as positive manufacturing data in the U.S. and China raised optimism for an economic recovery that could bolster energy demand.
Forty-four-year-old British boxer, Rob Newbiggin, will go through a sex change procedure and become a woman.
Rob Newbiggin, a British boxer, has decided to undergo a sex change operation to become a woman.
Despite a pick up in sales, commercial real estate prices posted a record drop in the second quarter, according to an index developed by the Massachusetts Institute of Technology Center for Real Estate.
BofA Charged, Google CEO, Apple Split, Ford's Fortune
Stocks rose on Monday after data showed the manufacturing sector edged closer to growth in July, while rising commodity prices boosted shares of natural resources companies.
This morning in the streets of LA, a string of posters were coming up everywhere featuring President Barack Obama with Joker makeup on him, and the word socialism at the bottom.
The Obama administration was optimistic on Sunday that the U.S. Senate would extend the federal
More than 6,000 U.S. hourly workers have left General Motors Co under the automaker's latest buyout program intended to make it a leaner company after its emergence from bankruptcy.
The question is whether jobs can be found for retrained workers in the state with America's highest unemployment rate.
Oil rose more than $2 a barrel to hit a one-month high near $72 on Monday as positive manufacturing data in the U.S. and China raised optimism for an economic recovery that could bolster energy demand.
Ford Motor Co said on Monday that U.S. auto sales rose 2.3 percent in July, its first year-over-year monthly sales increase since November 2007, supported by the U.S. government Cash for Clunkers program.
Ford Motor Co. on Monday reported an increase of 2.3 percent to 165,279 vehicles in July monthly sales, its first monthly gain since 2007. The automaker said that it benefitted from the federal Cash for Clunkers new-car incentive program.
Eric Schmidt, chief executive officer of Google, announced his resignation from Apple's Board of Directors due to potential conflicts as the two tech giants compete in similar markets. Schmidt has served as a member of Apple's board since August 2009. Read Full Article here.
HSBC and Barclays on Monday reported a surge in bad debts to a combined $21 billion as recession took its toll on borrowers, but Britain's two biggest banks offered encouragement they could be through the worst.
Google Inc Chief Executive Eric Schmidt is resigning from Apple Inc's board of directors, the companies said, citing increased competition between the two leading technology companies.
U.S. stocks rose on Monday after data showed the manufacturing sector shrunk at a slower pace in July, while rising commodity prices boosted natural resource stocks.
Health insurer Humana Inc posted a higher-than-expected quarterly profit as an improved performance in its Medicare plans for the elderly offset a decline in earnings from its business serving employers.
Diabetics who took the drug metformin, which makes the body process insulin better, had a 62 percent lower risk of pancreatic cancer compared to those who had never received it, U.S. researchers said on Saturday.
