India Inflation Quickens, Curbing Room for Cutting Rates - Bloomberg

Indian inflation unexpectedly accelerated in April, crimping the central bank

GM earns $1B in 1Q but Europe drags down results

General Motors earned $1 billion in the first quarter but losses in Europe and a big charge weighed on results.
The company’s first-quarter net income was […]

United Tech 1Q profit up minus units on the block

United Technologies’ net income from continuing operations rose more than 19 percent during the first quarter even as the company acknowledged some drag from slowing […]

Report: Wal-Mart hushed up bribe network in Mexico

Wal-Mart Stores Inc. hushed up a vast bribery campaign that top executives of its Mexican subsidiary carried out to build stores across that country, according […]

Another station dumps Limbaugh over Fluke comments

Another radio station is dropping Rush Limbaugh’s talk show following the conservative host’s derisive comments about a law student advocating for coverage of birth control […]

Austerity brings smaller cars to Geneva auto show

Automakers are thinking small _ in size, not ambition.
After years marked by environmental concerns, then the economic downturn and now European austerity measures, car manufacturers […]

Rupert Murdoch reassures staff at UK tabloid

News Corp. chief executive Rupert Murdoch gave staff at his scandal-hit tabloid The Sun new assurances over their future Friday in London crisis talks.
Staff said […]

Fed should raise rates in 2013, Bullard says

The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near […]

RBS CEO turns down bonus amid criticism of payout

Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism from British public […]

Dividend stocks are hot but analysts urge caution

Disappointing returns from certificate of deposit and money markets accounts are prompting many investors to turn to stocks that pay dividends for income.
Analysts say dividend […]