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AIG (NYSE: AIG) to sell more than $6 billion in shares in its AIA unit to pay back government loans.…
Anheuser-Busch InBev NV may buy China’s Kingway Brewery Holdings’ assets. (Reuters) The Department of Justice is expected to widen its probe of mortgage-backed…
The still-sputtering economy which continues to be undermined by high unemployment and low home prices has not arrested a tremendous revival…
With gasoline prices inching closer to $4 and even $5 a gallon, more Americans will make high gas mileage a…
February car sales in the U.S. will be at multimonth highs and the annual sales run rate will be 14…
Statements by Bernanke about the uneven economy push stocks down. (Reuters) Chinese factory activity grows more than expected in February.…
General Motors Co. (NYSE: GM) has just announced the creation of a “long-term and broad-scale global strategic alliance” with PSA…
Apple (NASDAQ: AAPL) to launch a new iPad next week. (Reuters) Blackstone (NYSE: BX) says CEO Stephen Schwarzman made $213…
The recent history of the results of car company mergers is mixed. Renault and Nissan virtually merged in 1999 and…
Yahoo! (NASDAQ: YHOO) threatens a patent suit against Facebook, citing a number of violations. (Reuters) TransCanada (NYSE: TRP) cuts the…
The Chinese government over the weekend issued a rule requiring government officials to buy only Chinese-branded cars. The rule is…
The U.S. Postal Service has begun a cost-cutting process meant to save it $10.5 billion between now and 2015. The…
A panel suggests that Vivus diet drug Qnexa be approved by the FDA. (Reuters) Japan may cut crude oil imports from…
The Chinese and eurozone economies each showed signs of sharp slowing, and in Europe a new recession has begun. Data from…
President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters)…
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