Features By Alisa Roth

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Levin says Goldman Sachs misled Congress

The Senate panel investigating the cause of the financial crisis has released a report today containing new information on what lead up to the banking collapse. Senator Carl Levin is now calling for an investigation into Goldman Sachs for misleading Congressional investigators.
Posted In: Banks
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Obama to lay out deficit reduction strategy

Later this morning, President Obama will outline his plans for reducing the long-term deficit. The proposal is expected to focus on cuts to entitlement programs and tax increases.
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Just what was cut from the 2011 budget?

Details of last week's budget battle are trickling out this morning. The budget agreement, reached on Friday, cut federal spending by $38 billion and avoided a government shutdown.
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NYSE says no to NASDAQ buyout

The New York Stock Exchange has rejected a bid from the rival U.S. exchange, NASDAQ, saying it plans to merge with Deutsche Boerse.
Posted In: Wall Street
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IMF praises Palestinian economic institutions

In a report, the International Monetary Fund says the Palestinian Authority has put into place the economic reforms needed for statehood.
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Airfares -- up and up as carriers hang together

Airfares have risen several times in the past year and may well go higher. Can customers do anything about it or do the airlines have the whip hand?
Posted In: Airlines
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McDonald's supersizes hiring

The fast food giant will add up to 50,000 new employees in one day. And McDonald's is looking for workers who are looking for more than a McJob.
Posted In: Food
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As prices rise, eateries rethink how to buy food

Restaurant chains like Red Lobster are testing new buying strategies to cope with soaring prices of ingredients.
Posted In: Food
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Auto disruptions from Japan quake spread

Beyond car production curbs, Toyota tells American dealers limit orders of replacement parts, potentially lengthening repair times for existing cars.
Posted In: Auto
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Beer giant buys a craft brewery

Anheuser-Busch will expand Goose Island, a Chicago craft brewery, but also try to keep its identity.
Posted In: Mergers and Acquisitions

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