Select a Category:

Most Emailed Business News

  1. The 2007 Cadillac Escalade ESV is seen on the show floor at the North American International Auto Show in Detroit, Michigan January 8, 2006. (General Motors/Tom Pidgeon/Handout/Reuters)
    Electric fault spurs big GM recall Reuters - Fri Aug 29, 1:03 PM ET Sent 59 times

    DETROIT (Reuters) - General Motors Corp is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal safety regulators.

  2. Medical Bills You Shouldn't Pay BusinessWeek Online - Fri Aug 29, 8:08 AM ET Sent 48 times

    As health-care costs continue to soar, millions of confused consumers are paying medical bills they don't actually owe. Typically this occurs when an insurance plan covers less than what a doctor, hospital, or lab service wants to be paid. The health-care provider demands the balance from the patient. Uncertain and fearing the calls of a debt collector, the patient pays up.

  3. Dresdner Bank offices pictured in Frankfurt. The German insurance giant is in "advanced talks" on the future of its Dresdner Bank unit, "that may or may not lead to a deal," it has said in a brief statement(AFP/DDP/File/Thomas Lohnes)
    Allianz says is in talks to sell Dresdner Bank AFP - Fri Aug 29, 10:56 PM ET Sent 4 times

    FRANKFURT (AFP) - German insurance giant Allianz is in "advanced talks" on the future of its Dresdner Bank unit, "that may or may not lead to a deal," it said Friday in a brief statement to financial markets.

  4. Lenders mulling new offer in Alabama debt standoff Reuters - Fri Aug 29, 7:31 PM ET Sent 3 times

    BIRMINGHAM, Alabama (Reuters) - Alabama's Jefferson County and lenders pulled back from the brink of a threatened bankruptcy filing on Friday after the county proposed restructuring $3.2 billion of soured sewer debt.

  5. 1 killed, 1 injured in W.Va. chemical plant blast AP - Fri Aug 29, 2:57 PM ET Sent 3 times

    INSTITUTE, W.Va. - Federal officials are investigating the cause of a plant explosion that rocked an area west of Charleston, hurling a fireball hundreds of feet into the air, killing one worker and injuring a second.

  6. Traders work on the floor of the New York Stock Exchange March 17, 2008. (Brendan McDermid/Reuters)
    Stocks tumble as Dell warns on tech spending Reuters - Fri Aug 29, 4:23 PM ET Sent 3 times

    NEW YORK (Reuters) - U.S. stocks tumbled on Friday, led lower by tech shares after computer maker Dell warned that companies worldwide are cutting back on technology spending.

  7. Shoppers walk next to children's store at a mall in San Jose, Calif., Tuesday, Aug. 12, 2008. Personal incomes plunged in July while consumer spending slowed significantly as the impact of billions of dollars in government rebate checks began to wane. (AP Photo/Paul Sakuma)
    Incomes drop sharply in July while spending slows AP - Fri Aug 29, 2:29 PM ET Sent 3 times

    WASHINGTON - Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments.

  8. In this Feb. 25, 2005 file photo, Charles Ulrich talks about taxes from his Baxter, Minn. home. (AP Photo/Brainerd Daily Dispatch, Steve Kohls, file)
    Lone accountant takes on IRS and wins AP - Sun Aug 24, 5:41 PM ET Sent 3 times

    WASHINGTON - It took seven years, but Charles Ulrich did something many people dream about, but few succeed at: He beat the IRS in a tax dispute.

  9. Republican presidential candidate, Sen. John McCain, left, smiles after introducing his vice presidential running mate, Alaska Gov. Sarah Palin, during a campaign rally in Dayton, Ohio, Friday, Aug. 29, 2008. (AP Photo/Stephan Savoia)
    Palin, drilling advocate, spars with oil companies Reuters - Fri Aug 29, 4:13 PM ET Sent 2 times

    NEW YORK (Reuters) - Alaska Gov. Sarah Palin is seen as a strong advocate for opening new areas to oil drilling, including the Arctic National Wildlife Refuge, but has taken a hard line in negotiations with oil companies and raised taxes on the state's energy producers.

  10. Lehman nears plan for real estate assets: report Reuters - Fri Aug 29, 9:57 PM ET Sent 2 times

    NEW YORK (Reuters) - Lehman Brothers Holdings Inc. has settled on a structure that will allow it to offload billions of dollars in real-estate loans from its books, according to the on-line edition of the Wall Street Journal.

  11. Alitalia planes are pictured at Fiumicino airport, southwest of Rome. Alitalia said Friday that it has asked to be declared bankrupt and placed under special administration, the first step in a rescue plan that will see the struggling Italian flag carrier relaunched.(AFP/File/Tiziana Fabi)
    Alitalia seeks administration under rescue plan AFP - Fri Aug 29, 4:33 PM ET Sent 2 times

    MILAN (AFP) - Alitalia said Friday that it has asked to be declared bankrupt and placed under special administration, the first step in a rescue plan that will see the struggling Italian flag carrier relaunched.

  12. The 2007 Cadillac Escalade ESV is seen on the show floor at the North American International Auto Show in Detroit, Michigan January 8, 2006. REUTERS/General Motors/Tom Pidgeon/Handout
    GM recalling 944,000 vehicles AP - Fri Aug 29, 12:36 PM ET Sent 2 times

    WASHINGTON - General Motors Corp. said Friday it was recalling 944,000 vehicles because of a problem with a windshield wiper fluid system that could lead to a fire.

  13. In this Aug. 2008 file photo provided by the Ford Motor Co. an assemblyman works on the Ford Fiesta in Cologne, Germany. While Ford hurries to curtail billions of dollars in losses and shift from its reliance on selling bigger vehicles with bigger profit margins, one reason why Ford says it can't get its European cars to the U.S. market before 2010 is a web of different safety regulations covering everything from the positioning of crash test dummies to the color of rear turn signals.  (AP Photo/Ford Motor Co., Friedrich Stark, file)
    Automakers face conflicting safety rules worldwide AP - Thu Aug 28, 5:08 PM ET Sent 1 times

    DEARBORN, Mich. - It seems like an easy solution: Americans are looking for more fuel-efficient vehicles, so Ford Motor Co. is bringing over some of the small, gas-sipping cars it's been selling to Europeans for years.

  14. Tom Wroblewski, Boeing machinists union district president, flanked by Steve Rooney, district president from Wichita, Kansas, from left, and Bob Petroff, district president from Portland, addresses media members regarding the union's rejection of Boeings latest contract offer  Friday, August 29, 2008. Leaders of Boeing Co.'s Machinists union called Friday for a strike after rejecting the aerospace giant's 'best and final' contract offer. They urged union members to reject the offer in a vote set for Wednesday. Boeing spokesmen said the company was 'extremely disappointed' by the union's response, but is standing by its offer. The current contract expires Wednesday. (Staff Photo/Seattle Post-Intelligencer/Mike Kane)
    Machinists union leaders call for Boeing strike AP - 1 hour, 31 minutes ago Sent 1 times

    SEATAC, Wash. - Leaders of Boeing Co.'s Machinists union called Friday for a strike after rejecting the aerospace giant's "best and final" contract offer. They urged union members to reject the offer in a vote set for Wednesday.

  15. Fears of isolation as investors flee Russia AP - Fri Aug 29, 3:16 PM ET Sent 1 times

    MOSCOW - At the outset of this year, Russia proudly proclaimed itself an island of stability at the annual economic gathering in Davos, setting itself apart from the tumult of the global financial crisis.

  16. Want IE8 Beta 2? You May Have To Jump Through Hoops NewsFactor - Fri Aug 29, 4:30 PM ET Sent 1 times

    Microsoft warned developers preparing to download the new Beta 2 release of Internet Explorer 8 that under certain conditions those who have already installed IE8 Beta 1 cannot revert to older iterations of the browser.

  17. In this June 4, 2008 file photo, American Airlines jets line up a gates at Chicago's O'Hare International Airport in Chicago. The grip U.S. airlines have on travelers' wallets is about to get tighter as carriers cut more domestic capacity starting in September due to the high cost of fuel. (AP Photo/M. Spencer Green, file)
    As summer ends, flyers brace for airline changes AP - Fri Aug 29, 5:14 PM ET Sent 1 times

    ATLANTA - The grip U.S. airlines have on travelers' wallets is about to get tighter as carriers go ahead with plans to trim their domestic schedules due to the high cost of fuel.