Sales decline 9.7 percent in first quarter at Home Depot

Home Depot Inc., the world’s largest home-improvement retailer, reported a 9.7 percent drop in first-quarter sales and said consumers remained reluctant to spend as […]

Lowe’s beats forecasts with ‘less bad’ earnings

Lowe’s Cos. Inc. said that shoppers buying paints, plants and replacement parts in the first quarter helped the home improvement chain beat Wall Street […]

Kerkorian buys MGM Mirage shares, stake now 42 percent

Billionaire Kirk Kerkorian, the largest shareholder of MGM Mirage, has acquired more shares of the casino operator, but his overall stake in the company […]

GM, CAW still working on deal

General Motors of Canada and the Canadian Auto Workers union were still trying to negotiate a labour concession agreement yesterday as the union president […]

Honda CEO says 2009/10 is floor for earnings

Honda Motor Co’s earnings will hit bottom this year and improve beyond that as demand in the United States returns in the second half, […]

SEC proposes suit versus Countrywide founder Mozilo

U.S. regulators have recommended filing a civil fraud suit against Countrywide Financial co-founder Angelo Mozilo for insider trading, the Wall Street Journal reported on […]

GM may still avoid bankruptcy court

A General Motors Corp. bankruptcy is more probable than not, but there’s still a chance to restructure outside of court, Chief Executive Fritz Henderson […]

To many, part-time job beats having no job at all

ROCHESTER, N.Y. — Jody Taylor dodged the bullet twice in the past year when the industrial-coating factory where she works as a machine operator […]

A-B InBev posts strong results

Anheuser-Busch InBev on Thursday posted first-quarter sales and profits that handily beat analysts’ expectations and sent its European-traded stock flying on the steepest climb […]

Volvo auction moves ahead; decision possible soon

Ford Motor Co’s sale of Volvo is moving ahead as it runs due diligence on the remaining bidders, and a buyer could be announced […]