Tag: business
The U.S. placed tariffs on Chinese tires, and China struck back with a probe of U.S. chickens. The tension needs to pass. Protectionism could hurt a recovery.
NEW YORK (CNNMoney.com) — Great. The global economy finally starts to show...
WASHINGTON — The new Treasury secretary, Timothy F. Geithner, announced on Tuesday that he would crack down on lobbying to influence the $700 billion financial bailout program by companies that are receiving billions in taxpayer money.
Timothy...
COLUMBIA, S.C. — Joe Lewis came to the local employment office on Friday in the hope of buying a little more time.
Residents of Columbia, S.C., visiting the employment security commission to seek jobs or file for unemployment benefits.
Four...
Citigroup signaled a breakup of its unwieldy financial supermarket model with a possible deal to sell a share of its prized retail brokerage business to Morgan Stanley, said several people with knowledge of the discussions, underscoring the...
Consignment store sees bright spot as people flock to discounts
Henry Burton will never know whether the snow that blanketed Seattle during the holiday season was a blessing or a curse.
The unusually heavy snowfall and cold temperatures left...
VIENNA — With an aggressive style that stood out in the staid world of Austrian banking even more than her bouffant red wig, Sonja Kohn made few friends gathering billions for Bernard L. Madoff from wealthy investors in Russia and across Europe.
Sonja...
IT’S 3 a.m. at Doheny & Nesbitt, a favorite watering hole of Dublin’s political and business elite, and the property tycoon Sean Dunne stoops to retrieve a penny from the pub’s grimy floor.
The developer Sean Dunne and his wife, Gayle...
Wall Street began the new year with a surge on Friday, closing above 9,000 for the first time since early November and offering some optimism about the year as a whole.
At the close, the Dow Jones industrial average was 258.30 points, or 2.9...
Russia has stopped all gas supplies to Ukraine after the collapse of talks to end a row over unpaid bills and prices.
Much of the EU's gas from Russia arrives via Ukraine
Russia’s gas giant Gazprom said it turned off the taps at 0700...
For weeks, reluctant consumers have forced retailers to lower their prices — and lower them again and again — before they even considered opening tight wallets and purses.
Now shoppers are expecting even better deals, as they do every year,...