Auctions of mansions are making a comeback in Colorado

Auctions of luxury homes are making a comeback in Colorado’s soft housing market as owners try to sell homes that haven’t moved using other marketing […]

AIG executive resigns, says he will donate bonus to charity

CHARLOTTE, N.C. — An American International Group Inc. executive who got a retention bonus worth more than $742,000 after taxes has resigned publicly — […]

Obama, Bank Executives to Meet on Plan to Revive U.S. Economy

President Barack Obama plans to meet this week with chief executive officers of the biggest U.S. banks, stressing a need for shared goals to […]

Pier 1 to shutter 16 stores

Pier 1 Imports Inc. has decided so far to close 16 stores since announcing last month that it had hired a company to help negotiate […]

Charter, Apollo said to be in talks

Private-equity firm Apollo Management is in talks to take a substantial ownership stake in Charter Communications Inc. as part of the cable company’s bankruptcy […]

Unemployed turning to Census Bureau for temporary jobs

Martha Rankin found the going a bit rough when she dipped her toe back into the employment pool after the economic downturn cost her […]

Caterpillar will lay off more than 2,400 workers

Caterpillar, the world’s largest maker of mining and construction equipment, has seen its sales wither as the sluggish world economy and the credit crisis […]

Rio Tinto names Jan du Plessis as chairman

Mining group Rio Tinto has appointed Jan du Plessis, the chairman of British American Tobacco Plc, to also head its board, the firm said […]

Tax-law changes can help retirees

Retirees reeling from the impact of the stock market’s slide can take some solace from recent tax-law changes to help minimize their losses.
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Fed Program to Spur Loans May Start With Few Deals

The Federal Reserve’s program to revive the market for securities backed by consumer loans may start with just a handful of deals, according to […]