U.S. credit card offers pick up for select few

U.S. credit card companies are targeting affluent consumers in a resurgence of marketing campaigns, as they recover from massive defaults by subprime borrowers in […]

KPMG to represent Dubai’s creditor banks: report

Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks […]

Investors cash in on mortgage mess

As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess.
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GM says latest numbers show it’s on right track

General Motors Co. said Monday that it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than in […]

Obama seeks rebalancing, Asia warns of protectionism

U.S. President Barack Obama called on Saturday for a new strategy to rebalance global growth, but leaders around the Pacific rim, gathering for a […]

Target’s Black Friday bet: $3 appliances

Target is hoping to lure this year’s Black Friday shoppers with $3 toasters and coffeemakers, deep deals on high-definition televisions, and discounts of 50% […]

CIT Group files for prepackaged bankruptcy

CIT Group Inc filed for bankruptcy protection on Sunday, and its creditors have already approved the commercial lender’s reorganization plan.
CIT’s operating subsidiaries, including CIT […]

Swap your Yahoo shares for Google: Barron’s

Investors should swap their shares of Yahoo Inc for those of Google Inc because Yahoo’s advertising revenues are on the decline while Google’s are […]

German investor morale dips, raising growth doubts

German analyst and investor sentiment unexpectedly fell for the first time in three months in October to hit its lowest level since July, suggesting […]

BofA directors mull short-term CEO

Bank of America Corp’s board of directors is looking at hiring a short-term chief executive from outside the bank to give internal candidates more […]