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GM Confirms Sales Incentives, Hires Citibank on Hummer

Monday, June 23, 2008 5:11:00 PM

General Motors Corp confirmed Monday it is offering zero-percent financing for 72 months on most of its 2008 models and has hired Citibank to advise on the ongoing review of its Hummer brand. Full Story

'Made in Asia' Label Helps, Hinders Luxury Goods Makers

Sunday, June 22, 2008 9:15:00 PM

Asian manufacturing remains a taboo in the luxury sector where image is everything. Full Story

Creativity and Eccentricity Thrive at Pixar

Saturday, June 21, 2008 5:24:00 PM

Last month, Pixar Animation Studios and Walt Disney Animation Studios announced 10 new animated motion picture releases over the next four years. Full Story

Credit Default Swaps: Next Phase of an Unraveling Crisis

Saturday, June 21, 2008 5:20:00 PM

The recent collapse of the mortgage market has been well documented. But subprime collateralized mortgage obligations are only the tip of a colossal iceberg of credit securities that are beginning to ... Full Story

Oil Jumps on Rising Iran-Israel Tensions

Friday, June 20, 2008 9:38:00 PM

Oil prices rose more than $3 on Friday amid escalating tensions between Israel and Iran and supply disruptions in Nigeria triggered by militant attacks on a major offshore field. Full Story

Housing Crisis Brings Wall Street Arrests

Friday, June 20, 2008 5:45:00 PM

WASHINGTON—The U.S. housing crisis produced its first high-profile Wall Street arrests on Thursday, while the Bush administration called for broadening the Federal Reserve's powers over inve ... Full Story

European Shares Hit 14-Week Low, Led by Fortis

Friday, June 20, 2008 5:32:00 PM

FRANKFURT—European shares fell for the third straight day on Friday, led by a slide of more than 5 percent in Dutch-Belgian financial group Fortis, with the focus on the health of banks, high oil pric ... Full Story

U.S. Panel OKs Countervailing Duties on Chinese Steel

Friday, June 20, 2008 5:18:00 PM

A U.S. trade panel on Friday gave final approval to the steep duties on standard steel pipe from China, including the first aimed at offsetting Chinese government subsidies. Full Story

GM, Ford Sink After S&P Says It May Cut Debt Ratings

Friday, June 20, 2008 5:12:00 PM

Shares of General Motors Corp and Ford Motor Co plummeted after credit ratings agency Standard & Poor's said it may cut the U.S. automakers' ratings. Full Story

World Wine Growers Face CO2, Fuel Challenges

Friday, June 20, 2008 5:12:00 PM

VERONA, Italy—World wine producers face rising challenges from global warming and soaring fuel costs but any resulting price rises will be bearable, the newly re-elected head of the International Orga ... Full Story

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