Magna, Fiat improve bids as Opel battle heats up
Magna International and Fiat have improved their offers for General Motors unit Opel ahead of a crucial week in which the German government is expected to decide which bid to back.
G8 energy leaders urge stable oil prices
Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving toward $75 a barrel.
Indie filmmakers in Cannes still dreaming of 3-D
When rock band U2 played at the Grand Palais of the Cannes film festival in 2007 to trumpet their new three-dimensional concert movie, backers of modern 3-D films hailed the coming of a new era in movies.
U.N.'s Ban urges business to back climate policies
Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.
Business leaders to call for clear climate policies
Industry should play its part in the fight against climate change by persuading governments to boost carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference.
G8 energy leaders press for oil price stability
Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.
Internet star Susan Boyle back on UK talent show
Internet sensation Susan Boyle, whose performance on Britain's Got Talent last month has been watched on YouTube by tens of millions of people and made her a global celebrity, returns to the competition on Sunday.
UBS free to set bonuses this year: report
Swiss bank UBS is free to set whatever bonuses it likes this year, in contrast to 2008 when it needed government approval for variable pay because of a rescue package, Swiss weekly Sonntag reported on Sunday.
Rates likely to stay low for some time: Fed's Kohn
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
Rates likely to stay low: Fed's Kohn
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
Mongolians cast ballots with mining wealth in sight
From remote grasslands to the heart of the capital, Mongolians cast their ballots on Sunday to elect a new president residents and investors hope will facilitate the country's efforts to tap its vast mineral wealth.
Fed's Kohn says rates likely to stay low for some time
The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.
Ecuador says mining, oil must be in state hands
Ecuador's President Rafael Correa said on Saturday that key sectors of the economy, including oil and mines, must be in government hands.
Mongolians vote with mining deals in the balance
On horseback, motorbike and foot, Mongolians headed to the polls Sunday to elect a new president whom residents and investors alike hope will facilitate the windswept country's efforts to tap its vast mineral wealth.
Fiat improved Opel bid, others may too: German economy minister
German Economy Minister Karl-Theodor zu Guttenberg said Fiat had improved its bid for General Motors' Opel unit and said other bidders may be willing to sweeten their offers as well.
Magna seeks added German government help for Opel: report
Magna is seeking further multi-billion euro German government support if it takes over General Motors' Opel unit, German magazine Der Spiegel reported on Saturday.
New Jersey seeks laid-off traders to teach math
When Scott Brooks got laid off by American Express in February he decided to turn his back on finance and revive a dream he gave up on many years ago -- to become a math teacher.
Vacations are the new work headache
One sign of the tough economic times is that the very thought of taking a vacation has become stressful, according to a recent survey.
Beyond BlackBerry, high-tech execs shun gadgets
You'd think the leaders of the world's biggest and coolest tech companies would be total gadget freaks, 'tricorder'-carrying whiz kids sporting the latest doodads months before the masses. Think again.
U.S. retailers running out of room to cut costs
U.S. retailers, which have banked heavily on cost cuts to guard margins in the recession, may be running out of ways to trim expenses further -- putting future profits in jeopardy, unless consumers open their wallets soon.
Judge expands Bratz injunction, lifts receivership
A federal judge ended a temporary receivership of MGA Entertainment Inc in a copyright infringement lawsuit over its Bratz doll business but broadened the list of products and know-how MGA must turn over to Mattel Inc , which won the franchise in a 2008 trial.
Russian group mulls Facebook investment: report
A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook in a deal that would value the social networking site at $10 billion, the Wall Street Journal reported on Friday.
GM borrows $4 billion more, prepares for bankruptcy
General Motors Corp on Friday borrowed another $4 billion from the U.S. Treasury and won a cost-cutting deal from Canadian auto workers as a showdown with bondholders set the stage for a bankruptcy filing by the end of the month.
GM prepares for bankruptcy
General Motors Corp won a cost-cutting deal from its Canadian labor union on Friday, part of a package of concessions the automaker is expected to take into a federal bankruptcy court by the end of this month in a showdown with its bondholders.
U.S. sets aside $1 billion for flu vaccine trials, production
The U.S. government will set aside about $1 billion in existing funds for developing a vaccine for the H1N1 flu, a virus from swine origin, according to Health and Human Services Secretary Kathleen Sebelius.
Fuel cell vehicles tour kicks off amid industry uncertainty
With the slogan 28 cities, 2 countries nine days a hydrogen vehicle tour will kick off in the West Coast next week.
U.S. refiners condemn Waxman-Markey bill as abject policy failure
The U.S. oil refining industry on Friday blasted the Waxman-Markey climate bill which passed yesterday evening in Congress, saying it would increase imports of crude and refined products thus impeding national energy security.
World economy out of free fall
The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.
3 year old shops online while mom snoozes
A New Zealand mom wanting to buy a toy digger for her daughter made some bids online before napping.
Calif. charges men in $200 million Ponzi scheme
California Attorney General Jerry Brown filed criminal charges on Thursday against three men for allegedly swindling more than 1,000 individuals in a $200 million real estate and construction Ponzi scheme, his office said today.