Stocks Rally ‘Way Ahead’ of Economy, Allianz’s Achleitner Says

Allianz SE, Europe’s biggest insurer, expects stock markets to fall because economic recovery is lagging behind the 59 percent jump of the Standard & […]

Philips’ profit beats forecasts, remains cautious

Dutch conglomerate Philips Electronics’ reported a better than expected third-quarter operating profit on Monday as a result of cost reductions but the company remained […]

IRS: Don’t wait for new offshore deal

There will be no new deal for rich Americans seeking to come clean about offshore income once an amnesty deadline expires next week, the […]

Citi management gets satisfactory marks in review

A review of Citigroup Inc’s management team, demanded by U.S. regulators in the aftermath of the financial crisis, gave it satisfactory marks, according to […]

Family Dollar profit beats estimates

Family Dollar Stores Inc reported a 13 percent rise in quarterly profit on Wednesday, topping Wall Street estimates, as frugal shoppers scoured its stores […]

Chrysler creates Dodge Ram brand for trucks

Chrysler Group LLC has created a separate Ram brand for its Dodge pickup trucks and replaced the heads of two car brands as the […]

Inflation fears eating you up? Consider TIPS

One steady bit of good economic news: Inflation remains near zero. So who would want to pay extra these days to add a dose […]

U.S. factory orders fall in August

WASHINGTON–New orders to U.S. factories fell in August by the largest amount in five months, as American manufacturers struggle to emerge from the recession.
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Ford September U.S. auto sales fall 5 percent

Ford Motor Co said on Thursday its U.S. auto sales fell 5 percent in September from a year earlier as demand slumped off in […]

CIT near plan to turn over company to bondholders: sources

CIT Group Inc is nearing a plan that likely would hand the commercial lender over to its bondholders, sources familiar with the matter said […]