$2.1 million pledged on Chrysler plant revival

FENTON — Local, state and federal officials Thursday affirmed the commitment to reviving the worker-less Chrysler assembly plant, pledging $2.1 million to start the […]

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Italy’s Redundancy Fund Hides Real Jobless Rate: Chart of Day

Italy’s state-backed fund for layoffs is disguising the true rate of joblessness, masking the severity of the worst recession in 60 years by allowing […]

CapitaLand CEO preaches perseverance and paranoia

Fat is out. Fighting fit is in.
Singapore-based CapitaLand’s Chief Executive Liew Mun Leong advises staff to work out in the morning, eat less oily […]

CORRECTED: “Black Friday” deals may not signal retail comeback

When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened, but even […]

Madoff’s goodies: Going, going, gone

You can’t take it with you, not to prison, so the long list of material possessions amassed by Bernie Madoff during his years of […]

Pulte raises Centex savings view, shares surge

Pulte Homes Inc said its recent acquisition of a rival homebuilder will boost its financial health more than previously estimated, sending its shares up […]

VW sees tough year-end; Mazda ups FY target

Europe’s largest carmaker Volkswagen said business remained tough after third-quarter earnings plunged on Thursday, while Japan’s Mazda predicted a smaller full-year operating loss.
French carmaker […]

MBAs get schooled in ethics

Rod Kramer thought it was going to be just another dinner at the Stanford Executive Program last summer.
An affable, popular professor at the […]

Retailers try to break deep discount habit

U.S. retailers that pushed deep, margin-sapping discounts in 2008 to try to lure holiday shoppers during the recession are going to try to break […]

Marriott sees pricing pressures persisting in 2010

Marriott International posted a lower quarterly profit on Thursday and said pricing pressures would continue to erode margins next year, sending its shares down […]