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 […]

Treasury raises offer to Chrysler lenders: sources

The Treasury has raised its offer to Chrysler lenders with just over a week remaining for the embattled automaker to reach deals to cut […]

Bonds fall on G-20 stock market gain

Bond prices fell Thursday as investors fled to the stock market, which rallied at the start of a meeting of the world’s largest economies.
The […]

Obama to Unveil Plan to Boost Small-Business Lending

President Barack Obama will spend more than half of the $730 million in government funds set aside to help small businesses to expand federal […]

Obama Administration Tries to Reassure China on Treasury Debt

The U.S. sought to ease Chinese Premier Wen Jiabao’s concern about the security of his country’s investments in U.S. government debt, reiterating pledges to […]

HSBC unveils record UK rights issue, slashes 6,100 U.S. jobs

HSBC launched Britain’s biggest rights issue on Monday, to raise 12.85 billion pounds ($18.3 billion) to help it overcome big losses in the United […]

Australian Business Confidence Rises From Record Low

Australian business confidence rose in December from a record low as a government stimulus package and the most aggressive interest-rate cuts since the last […]

The ‘healthiest’ area of the economy is…

The stock market and overall economy, to put it mildly, are very sick. However, one sector is holding up a lot better than the […]

Loonie gains two cents on U.S. rate cut

The Canadian dollar surged today as sentiment toward the American dollar darkened with the U.S. Federal Reserve's gloomy announcement cutting its policy interest rate […]

Ameren to defer up to $1 billion of 2009 spending

Ameren Corp. may halt construction of pollution controls at a St. Charles County power plant as part of a broader plan to defer up […]