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Exxon Mobil profit nearly doubles

August 2, 2010

Exxon Mobil Corp. reported quarterly earnings Thursday that easily beat analysts’ expectations on higher crude prices.
The world’s largest public energy company reported net […]

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CORRECTED: American Air aims for alliance approval by October

July 30, 2009

American Airlines expects to win U.S. approval by October to form an alliance with British Airways and Spain’s Iberia, and it is pinning its […]

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More than 600 pickup workers opt for Chrysler retirement, severance packages

May 29, 2009

More than 600 local Chrysler pickup plant workers have accepted voluntary severance and retirement offers, a union official said Tuesday evening.
Tuesday was the […]

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Chrysler unlikely to pay back loans

May 6, 2009

One of the top financial advisers overseeing Chrysler LLC’s restructuring testified in bankruptcy court Monday that there is a "low likelihood" that the automaker […]

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Estimated U.S. taxpayer cost for bailout jumps

April 7, 2009

U.S. congressional budget analysts have raised their estimate of the net cost to taxpayers for the government’s financial rescue program to $356 billion, an […]

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Market bets on steep rate cut as Fed meeting begins

October 28, 2008

The U.S. Federal Reserve began a two-day meeting on Tuesday that is widely expected to lead to a cut in interest rates of at […]

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Reap GDP? Maybe not, critics say

September 10, 2008

NEW YORK — It was a rare bit of stellar economic news: The Commerce Department last month revised the Gross Domestic Product upward, saying […]

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Canadian optimism takes a nosedive

June 4, 2008

Consumer confidence in Canada has plummeted to its lowest level in about seven years, and skyrocketing gasoline prices may be at least partly to blame […]

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