10 states face financial peril

The same economic pressures that pushed California to the brink of insolvency are wreaking havoc on other states, a new report has found.
And […]

Pay caps make it tough to hire execs: GM chairman

General Motors Co Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker less restrictive pay caps and said it was […]

Stocks: Buyers ’swooping back in’

So was that it? Is the so-called market correction over?
Stocks rallied last week, with the Dow reclaiming 10,000, as the major indexes erased […]

GM CEO starts Opel charm tour at Ruesselsheim HQ

General Motors GM.UL Chief Executive Fritz Henderson was due in Germany on Monday to start talks aimed at soothing workers’ tempers over the carmaker’s […]

Personal bankruptcies surge 9%

The number of Americans filing personal bankruptcies surged 9% in October and were on target for the highest annual total in four years, according […]

Time Warner profit beats estimates; outlook raised

Time Warner Inc posted a higher-than-expected quarterly profit and raised its full-year earnings forecast in a sign that advertising sales at cable networks such […]

GMAC grabs for another lifeline

Will the third bailout be the charm for GMAC?
The troubled auto and mortgage lender is looking for a third round of federal assistance.
As […]