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Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected. ...more
July 19, 2008
One-Time McDonald's Robber Now Promotes Big Mac MIAMI - (AP) First, the big house. Now, the Big Mac. ...more
July 18, 2008
Steve & Barry's, once a growing force in low-priced fashion retailing, said Wednesday that it filed for Chapter 11 bankruptcy protection, the latest merchant to succumb to a harsh consumer spending climate. ...more
July 10, 2008
Verizon Wireless is in talks to buy Alltel Communications LLC, the country's fifth-largest wireless carrier by subscribers, for $27 billion, according to news reports. ...more
June 5, 2008
United Airlines scrapped its latest attempt to combine with US Airways and create the world's largest carrier, formally backing away Friday from a deal that likely would have meant fewer routes and higher ticket prices for consumers. ...more
May 31, 2008
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