49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — Chancellor of the Exchequer Alistair Darling suggested he may cut the charges banks pay to tap the UK Treasury programme to increase their capital levels, saying he's reviewing the matter.
"It's right that we keep those things un...
DATE: Dec 19, 2008
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DETROIT (Bloomberg) — General Motors Corp. peddled Pontiacs for years with the slogan "We Build Excitement". To stay afloat, it's producing fewer thrills — and models.
The company may shrink the Pontiac division to a single model from six following a...
DATE: Dec 19, 2008
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CHICAGO (AP) — 'Twas the week before Christmas and despite all the sales, fewer presents were shipping to shoppers by mail.
This year's dismal holiday shopping season is producing more peril than poetry for merchants hoping to eke out a profit, even ...
DATE: Dec 19, 2008
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LONDON (AP) — British auto manufacturers stepped up pressure on Prime Minister Gordon Brown's government to deliver an industry bailout package on Thursday as a report revealed that car production slumped by a third in November.
The Society of Motor ...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — US prosecutors may appeal the two-year prison sentence imposed this week on Ronald Ferguson, the former chief executive officer of General Reinsurance Corp., for helping American International Group Inc. deceive shareholders.
F...
DATE: Dec 19, 2008
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TORONTO (Reuters) - The Canadian dollar could check out of a dismal year on an upswing and even get off to a strong start in 2009, supported by prospects for a domestic economy that appears stronger than its peers.
While Canada has joined many Europe...
DATE: Dec 19, 2008
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MIAMI (AP) — Carnival Corp., the world's largest cruise operator, said yesterday that its fourth-quarter earnings rose four percent, beating Wall Street's expectations, as the company held down costs and benefited from higher prices on some cruise li...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — Opec, which announced a larger-than-expected nine percent cut in output yesterday, risks cutting more supply than is needed to support prices, Barclays analysts said.
The group, source of more than 40 percent of world crude, "i...
DATE: Dec 19, 2008
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NEW YORK (Bloomberg) — US retailers will face a Darwinian fight for survival next year as they run out of cash as early as January and competition forces thousands of store closings, according to private-equity buyers and restructuring experts.
Proba...
DATE: Dec 19, 2008
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TORONTO (Bloomberg) - Canadian stocks fell the most in more than two weeks, led by energy companies and raw-materials producers, after crude oil fell below $36 a barrel for the first time since 2004 and gold prices retreated from a two-month high.
Ca...
DATE: Dec 19, 2008
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