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Ex-GM chief's pension cut to $8.5 million

Tue, 14 Jul 2009 18:20:44 EDT

Former General Motors CEO Rick Wagoner will receive $8.5 million over the next five years -- a reduction of about $12 million in his retirement package, according to a filing with the Securities and Exchange Commission Tuesday evening.

Intel sees a strong second half of '09

Tue, 14 Jul 2009 19:23:31 EDT

Intel Corp. said Tuesday that its second-quarter sales fell compared to the same quarter a year ago, but that business is picking up fast.

How AT&T gets stimulus funds

Tue, 14 Jul 2009 21:05:58 EDT

Big businesses are battling to take home chunks of the government's billion-dollar stimulus pie and AT&T is among the leaders on the telecom front.

The return of the $773,000 paycheck

Tue, 14 Jul 2009 16:20:21 EDT

The Goldman Sachs gravy train is back on track.

Goldman Sachs scores big in latest quarter

Tue, 14 Jul 2009 17:57:00 EDT

Goldman Sachs moved closer to resuming its position as the world's premier financial firm Tuesday after reporting profits that easily topped Wall Street expectations.

J&J earnings fall, beats estimates

Tue, 14 Jul 2009 10:23:24 EDT

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Tech trifecta: Intel, Google and IBM

Tue, 14 Jul 2009 09:20:53 EDT

Tech earnings season kicks off this week, with quarterly reports from industry giants Intel, Google and IBM, and investors will be hungering for signs that a turnaround is imminent.

US Airways cuts 600 jobs

Tue, 14 Jul 2009 15:39:33 EDT

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Exxon to develop biofuel from algae

Tue, 14 Jul 2009 15:21:28 EDT

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The Etsy Wars

Tue, 14 Jul 2009 09:14:56 EDT

Some entrepreneurs sketch their business plans on napkins in cafs. Rob Kalin created his plan in masking tape on the floor of his walk-up apartment in Brooklyn.

Rattner leaves auto task force

Tue, 14 Jul 2009 08:06:49 EDT

Steve Rattner, the Obama administration's point man on negotiations with General Motors and Chrysler through their bailout and bankruptcy process, is leaving the Treasury Department's auto task force and returning to the private sector.

Washington's CIT riddle

Mon, 13 Jul 2009 17:17:01 EDT

A self-styled bridge between Wall Street and Main Street is showing some cracks. Now the question is whether Washington might try to shore it up.

Big banks try to extend winning streak

Tue, 14 Jul 2009 06:10:00 EDT

Will the big banks do it again?

Veil may come off vaunted Swiss bank secrecy

Mon, 13 Jul 2009 08:43:23 EDT

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Regulators at odds over CIT aid

Mon, 13 Jul 2009 14:25:58 EDT

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BofA should pony up for U.S. guarantee

Mon, 13 Jul 2009 13:22:46 EDT

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Behind Coors' color-changing beer cans

Mon, 13 Jul 2009 10:45:04 EDT

As an undergraduate at Cornell University, Lyle Small annoyed his housemates by spending days on end painting their Ping-Pong table in rainbow shades of ink. He brewed chemicals to create inks that changed hue when exposed to light and heat.

'New' GM is born

Fri, 10 Jul 2009 16:59:32 EDT

After a six-week trip through bankruptcy, the "new" General Motors was born Friday owned by the government and free of tens of billions in debt and shed of unaffordable brands, dealerships and plants.

Keeping your senior staffers

Mon, 13 Jul 2009 14:53:05 EDT

With layoffs rampant, holding on to workers ought to be the least of a company's worries -- unless those employees are scientists and engineers. According to the National Science Foundation, nearly 40% of these skilled workers in the U.S. are more than 50 years old, and the pipeline of talent to replace them is shrinking. IHS Cambridge Energy Research Associates predicts a 7% to 11% shortage of experienced engineers in 2011. America is not alone; industrial powerhouses Germany and Japan face similar demographic challenges.

New GM logo? Think again

Fri, 10 Jul 2009 12:12:53 EDT

There are a lot of changes at the "new" General Motors. Billions less debt. Fewer plants. Fewer workers.