To increase profits, Citigroup is reportedly planning to cut 15,000 jobs. Analysts say this is a much-needed step by the company to become more efficient. Alisa Roth reports.
One of the offers for Daimler-Chrysler's U.S. division reportedly is comimg from an anonymous private equity firm working with one of Chrysler's own parts suppliers. Alisa Roth reports.
Deutsche Bank has plans to take over Maher Terminals, a major ocean cargo handler in the New York area. And it looks like the deal won't face the same scrutiny as last year's ill-fated Dubai Ports World proposal.
President Bush meets with U.S. automakers on their own turf today at assembly plants in the Midwest — ones that happen to make hybrids. That'll be handy since he's expected to talk about fuel efficiency.
Airlines cancelled hundreds of flights today because of ugly weather forecasts in the Northeast. Alisa Roth reports that it might not have been the wisest economic decision.
When the Producer Price Index came out this morning, it accelerated speculation about what the Fed might do when it meets next week. Alisa Roth takes a look at what today's report might really mean.
The Big Three U.S. automakers, Toyota and UAW will be sitting on the same side of the table today. They're all on Capitol Hill to argue against government proposals for raising fuel efficiency standards.
A U.S. Chamber of Commerce commission today took aim at Sarbanes-Oxley, the corporate-governance law that businesses have learned to hate. They say it leaves auditors unfairly open to risk. Alisa Roth reports.
China has announced it's going to put some of its trillion dollars in currency into what will become one of the world's biggest investment funds. Alisa Roth looked into what Beijing might be buying.
