The automaker is expected to announce today that it has reached a deal to refinance its debt. Chrysler is expected to repay the $7.5 billion in government loans early next week.
Federal Reserve officials laid out a broad plan for a gradual tightening of fiscal conditions in their April 26-27 meeting. Diane Swonk, chief economist with Mesirow Financial, explains.
One of Australia's major tobacco companies says it will slash the prices of its product if regulations force them to use generic packaging. A move the company says will entice more kids into smoking.
Foreman Morgan Spivey led a group of local businesses in Vicksburg, Miss., to take the flood situation in their own hands and build a levee in order to save their businesses and nearby homes.
Xerox CEO Ursula Burns discusses Xerox's role and image in today's business world, her management style, and how she feels being the first African-American female CEO of a Fortune 500 company.
