Japan’s Corporate Service Prices Fall 2.2%, Fourth Monthly Drop

Japan’s corporate service prices fell for a fourth month as commodity costs tumbled and the deepening recession forced companies to cut spending.
The prices […]

RBS posts record U.K. loss

Royal Bank of Scotland said Monday it lost more than £20 billion ($30 billion) last year, the biggest loss in British corporate history, including […]

ConocoPhillips profit jumps 41%

ConocoPhillips, the third-largest U.S. oil company, says third-quarter profit rose 41% due largely to record oil prices this summer. The results easily topped Wall […]

U.S. auto sales plunge

Sales at the nation’s top automakers fell sharply in September, as tighter credit for buyers and dealers combined with high fuel prices resulted in […]

U.S. readies massive toxic-debt plan

The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds […]

I

CEDAR RAPIDS, Iowa – Republican presidential candidate John McCain said today he would fire Securities and Exchange chairman Christopher Cox if he were president, accusing […]

EBay profit jumps 22%

EBay Inc. said Wednesday that its second-quarter profit jumped 22%, as the online auction company enjoyed strong growth in its e-commerce sites and PayPal […]

GM CEO

General Motors Corp (GM.N: Quote, Profile, Research) Chief Executive Rick Wagoner’s salary and other compensation rose 64 percent in 2007 to about $15.7 million, […]

Energy: Canada

Energy companies led Canada’s main stock market higher this week as the price of oil hit a record $116.69 (U.S.) per barrel.
The S&P/TSX composite index […]

G7 cuts growth view, shows worry on U.S. dollar drop

Finance chiefs from rich nations offered a gloomier assessment of the global economy on Friday and vowed to act swiftly on wide-ranging reforms aimed […]