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Antonio Perez
Second Quarter Earnings Season Off to a Fast Start
Second quarter earnings season is in full swing on Wall Street as investors are keeping a close watch ...
Business
July 16, 2009
Small Businesses Await CIT’s Fate
Businesses all over the U.S. hold their breath awaiting the fate of CIT.
Business
July 15, 2009
Bank of America to Pay $713 Million in Taxpayer Dividends
The dividends will be paid by August 17 and relate to the preferred shares owned by the U.S. ...
US
July 6, 2009
Dreamliner Delayed Indefinitely, Boeing Outlook Grim
After last month's 787 Dreamliner test flight cancellation and more customer exodus, all is not well at the ...
Business
July 5, 2009
‘Cash for Clunkers’ to Assist Consumers, Boost Auto Sales
The "Cash for Clunkers" bill hopes to help consumers, the economy, and the environment all at once.
US
July 2, 2009
GE to Create 1,200 Jobs in Michigan
GE to build new advanced technology research center in southeast Michigan.
Business
June 29, 2009
Federal Reserve Offers Little Guidance on Economy
The Federal offered very little to those yearning for new evidence that the recession is indeed receding.
Business
June 26, 2009
MBA, the Jack Welch Way
Legendary manager Jack Welch is introducing his own Master of Business Administration (MBA) program online to teach aspiring ...
Business
June 25, 2009
Paris Air Show a Sign of the Times for Airline Industry
This week's Paris Air Show, typically an extravagant showcase where market leaders Boeing Co. and Airbus SAS trumpet ...
Business
June 19, 2009
Obama Unveils Sweeping Financial Regulatory Changes
President Barack Obama on Wednesday announced the most sweeping financial regulatory overhaul since the Great Depression.
US
June 18, 2009
Amazon to Pay Toys ‘R’ Us $51 Million
Online retailer Amazon.com agreed Toys “R” Us $51 million to settle a long standing dispute.
Business
June 16, 2009
Six Flags Buckles Under Recession, Files Bankruptcy
Six Flags Inc., the operator of 20 amusement parks in North America, buckled under the weight of the ...
Business
June 14, 2009
Fed May Have Strong-Armed BofA into Merrill Deal
Internal Federal Reserve e-mails released in a Congressional subpoena suggest that Bank of America Corp. (BofA) was pressured ...
Business
June 12, 2009
Chrysler Gets an Italian Driver
Italian automaker Fiat S.p.A. completed its acquisition of Chrysler LLC's most valuable assets on Wednesday...
US
June 11, 2009
Global Airlines See Steep Losses in 2009
The economy may be stabilizing for most businesses, but the airline industry expects a turn for the worse.
Business
June 11, 2009
It’s Official: Chrysler Gets An Italian Driver
Italian automaker Fiat S.p.A. completed its acquisition of Chrysler LLC's most valuable assets on Wednesday, ensuring the survival ...
Business
June 11, 2009
Supreme Court Delays Chrysler Sale, Bankruptcy Exit
The U.S. Supreme Court on Monday granted a delay of Chrysler LLC's sale of assets to Italy's Fiat ...
Business
June 9, 2009
Report Shows Job Losses Abating
A report released on Wednesday shows that the pace of U.S. job losses are abating, a sign that ...
Business
June 4, 2009
GM, Pillar of U.S. Manufacturing, Files Bankruptcy
General Motors Corp., the 100-year-old pillar of American manufacturing, has filed for bankruptcy.
Business
June 1, 2009
GM, Chrysler to Emerge ‘Leaner, Meaner,’ Says Obama
Time is running out for General Motors Corp. in its fight for survival.
Business
May 25, 2009
Three Californians Charged with $200 Million Scam
Three Northern California men accused of having “callously swindled” thousands of individuals, were arrested late last week.
Business
May 25, 2009
Green Power: Daimler Buys 10 Percent Stake in Tesla
German automobile giant Daimler AG announced this week that it has taken a 10 percent stake in Tesla ...
Business
May 21, 2009
For Fiat, the Tides Have Turned
Merely four years ago, the future of Italian automaker Fiat S.p.A. looked in doubt. Today, the tables have ...
Business
May 20, 2009
U.S. Consumer Prices Fall at Fastest Pace Since 1955
A key index of consumption prices paid by U.S. consumers declined at the biggest rate since August 1955.
Business
May 18, 2009
Volkswagen Calls Off Merger Talks
Volkswagen AG on Sunday said that its merger talks with majority shareholder Porsche SE has been called off ...
Business
May 18, 2009
Lawyers, Sports Leagues Eye Coyotes Bankruptcy
Lawyers, team owners, and major sports leagues are watching the developing Phoenix Coyotes bankruptcy saga with interest.
Hockey
May 14, 2009
Buffett’s Berkshire Hathaway Reports First Loss Since 2001
Even the “Oracle of Omaha” couldn't escape the financial maelstrom of 2008.
Business
May 11, 2009
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