Condos out, apartments in these days

From St. Louis to St. Charles, developers are making a switch. As housing sales continue to shrivel and prices slip, nimble builders are luring […]

Auto executives in spotlight as U.S. weighs bailout

U.S. automakers should consider executive shake-ups if it would ensure congressional backing for a bailout supporters say is needed to prevent industry collapse, an […]

Lehman demise could end speculative raid on taxpayers

Letting Lehman Brothers fail is the lesser of two evils facing U.S. financial regulators trying to stop a textbook trading ploy dead in its […]

Machinist strike fund: 6 months

The Machinists union has a $140 million strike fund and can sustain support for striking Boeing Co. production workers for five or six months, […]

McCain on Obama: Hey, big spender

Republican presidential nominee John McCain has hammered home the message that he hates pork and wants to balance the budget by 2013.
And in accepting […]

Pfizer to lay off 275 at Michigan plant

Pfizer Inc. is cutting 275 jobs at its biggest manufacturing plant, in Michigan, in its latest restructuring move.
The job eliminations in Kalamazoo will affect […]

Blackstone

Blackstone Group isn’t celebrating a happy first anniversary as a public company.
It was exactly one year ago on June 22 that the private equity […]

Turf wars hobble China

If institutional infighting were an Olympic sport, China would sweep the medals at August’s Games.
Turf battles in the financial sector have erupted over everything […]

Delta, Northwest to create largest airline

Delta Air Lines Inc will buy Northwest Airlines Corp for more than $3 billion under a proposal unveiled Monday to create the world’s biggest […]

What

If you’re in a pension plan at work, consider yourself lucky.
Less than half of the Canadian work force is covered by workplace pensions – and […]