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Wall Street has had its best day of 2009, storming higher on good news from Citigroup. ...more
March 10, 2009
Goodyear Tire & Rubber Co., the biggest U.S. tire maker, plans to cut 5,000 jobs this year after posting a fourth-quarter loss of $330 million and a 21 percent decline in sales. ...more
February 18, 2009
Harley-Davidson Inc. said Friday that it will cut 1,100 jobs over two years, close some facilities and consolidate others as it grapples with a slowdown in motorcycle sales. ...more
January 24, 2009
Krispy Kreme's signature glazed doughnuts may be best hot, but its sales have been anything but in recent years. Now the chain is hoping that going cold - with its new soft-serve ice cream - will be the catalyst it needs. ...more
September 23, 2008
Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter, but the technology bellwether faces another big challenge: stiffer personal-computer competition that threatens to slow its steady growth. ...more
August 21, 2008
General Motors Corp. posted a $15.5 billion second-quarter loss Friday, the third-worst quarterly performance in the company's nearly 100-year history. ...more
August 2, 2008
The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further increase ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses last week, they signaled customers should expect more hits to their checkbooks. ...more
July 22, 2008
Many more job cuts, likely totaling more than 6,000, are likely at American Airlines as the nation's biggest airline hunkers down and tries to survive record high fuel costs. ...more
July 4, 2008
For U.S. retailers, the phrase "challenging environment" has become a shared refrain for one of the toughest quarters in decades. And merchants expect the climate to remain rough for the rest of the year as higher gas and food costs as well as slumping home prices weigh on shoppers. ...more
May 21, 2008
Shares in Jabil Circuit tumbled 21 percent Friday to their lowest point since 2002, after the company released profit forecasts well below Wall Street expectations. ...more
December 22, 2007
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