Clinton meets Thai flood victims

U.S. Secretary of State Hillary Rodham Clinton has met with Thai flood victims at an evacuation center after announcing a $10 million aid package.
Hillary spent […]

‘Super Mario’ tapped to cure Italy’s economic ills

The man tapped to be Italy’s next premier earned the moniker “Super Mario” in the halls of the European Commission, stopping such corporate giants as […]

GOP makes new offer on taxes, Medicare cuts

With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion […]

6 things to expect from the iPhone5

It hasn’t even been announced yet and Apple Inc.’s newest iPhone is already causing a stir. Analysts expect consumers to queue up around the block […]

GM, UAW agree on profit-sharing in new contract

The United Auto Workers union won $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a new four-year contract with General […]

World stock markets rise after Fed chief’s speech

World stock markets rose Monday, with buying appetite getting a boost from Federal Reserve chief Ben Bernanke’s prediction that the U.S. economy will eventually return […]

CVS Caremark 2Q profit slips 1 percent

CVS Caremark says its profit slipped 1 percent in the second quarter as its pharmacy benefits management business weathered lower prices on contract renewals.
CVS Caremark […]

Feds subpoena mortgage records from Ally Financial

Ally Financial says it has received subpoenas from federal investigators looking into mortgage fraud.
The company also says it will take a $100 million charge in […]

J.C. Penney names Apple retail exec as new CEO

J.C. Penney Co. has named Ron Johnson, who pioneered Apple Inc.’s retail stores, the department store chain’s next CEO.
The appointment takes effect Nov. 1, the […]

Asian shares up after IPO splash on Wall Street

A frothy IPO on Wall Street by social networking site LinkedIn helped lift Asian shares Friday despite mixed signals about the U.S. economy’s health.
The Nikkei […]