UNITED STATES

Southeast Asian leaders said on Sunday they would coordinate policies and take joint actions to deal with a worsening global financial crisis battering their export-dependent economies.

American International Group Inc is close to a deal with the U.S. government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.

American International Group Inc is close to a deal with the U.S. government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.

American International Group Inc is close to a deal with the U.S. government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.

Volkswagen, Europe's biggest carmaker, will not renew the contracts of all its 16,500 temporary workers this year in response to the brutal knock-down effects of the economic downturn on the car industry, Chief Executive Martin Winterkorn said.

American International Group Inc is close to a deal with the U.S. government that would ease the terms of its bailout, give a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.

British banking giant HSBC will try to raise $18 billion to quell investor concerns as a worsening global economy punished famed investor Warren Buffet's Berkshire Hathaway with a 96 percent plunge in profits.

British banking giant HSBC will try to raise $18 billion to quell investor concerns as a worsening global economy punished famed investor Warren Buffet's Berkshire Hathaway with a 96 percent plunge in profits.

Investors burned by the recent boom and bust in the U.S. ethanol industry will be wary of pouring money into plants for the next generation of biofuels without more stable returns, a J.P. Morgan analyst said on Friday.

A bill introduced Friday by U.S. Senator Lisa Murkowski of Alaska would permit oil production in the ecologically sensitive Arctic National Wildlife Refuge, but only from directional wells that are drilled outside the refuge's borders.

Leaders of Southeast Asian nations have agreed to ease monetary policy and resist protectionism as they fight the financial crisis that is hurting their export-dependent economies, a draft statement showed.

German Chancellor Angela Merkel said on Saturday a decision on state aid for Opel, a struggling unit of U.S. carmaker General Motors , depended on the firm's long-term outlook and on the readiness of banks to help.

President Barack Obama's 2010 budget plan includes $18.7 billion for NASA, an increase of $1 billion over last year, but will retire the nations respected space shuttle program.

American International Group's mounting losses threaten to deepen another vexing problem for the giant insurer -- how to stem an increasing customer exodus.

Mortgages and real estate assets make up more than two-thirds of the $300.8 billion Citigroup Inc portfolio in which the government has agreed to share in losses.

Dell, the PC maker, announced today its Oklahoma City campus will be powered with 100 percent wind energy which is expected to avoid the generation of 5,100 tons of CO2 emissions per year.

President Barack Obama will not store nuclear waste at Yucca Mountain in Nevada, even after two decades of planning.

Vice President Joe Biden, along with several Department Secretaries in the Obama Administration gave their firm support today to President Obama’s strategy for creating green jobs to bolster the U.S. economy as part of the recently passed economic stimulus package.

Academics, family researchers and even baseball history nuts have noticed recently how some important archives of older newspapers from around the world have vanished off the Web.

Offshore financial centers which have thrived under a veil of bank secrecy will have to embrace transparency to survive a global crackdown on tax cheats that is menacing the private banking sector in Switzerland and beyond.

Citigroup plans to overhaul its board as part of a capital-boosting deal with the U.S. government, but the banking giant may struggle to find qualified people willing to join as directors.