The U.S. auto industry needs even more help from the government to survive than originally thought. General Motors on Tuesday said it could need up to $30 billion from the Treasury Department to keep operating. Included in that amount is $13.4 billion the company has already received. Previously, GM had said it could need as much as $18 billion. ...more

February 17, 2009

HOUSTON (AP) - Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. ...more

February 1, 2009

The extraordinary profit for Exxon Mobil may be over for now, but opportunities abound even in a year that is expected to be miserable for the entire oil and gas industry. ...more

January 31, 2009

HOUSTON - Exxon Mobil Corp. on Friday reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company, even as its fourth-quarter earnings fell 33 percent from a year ago. ...more

January 30, 2009

Japan's Toyota Motor Corp. sold more cars and trucks last year than General Motors Corp., stripping the Detroit automaker of the No. 1 global sales crown. But it's a victory made hollow by the overall industry's continued struggle for viability amid one of its worst sales declines ever. ...more

January 21, 2009

The U.S. financial services industry is witnessing the bursting of yet another bubble. This time, it's the industry itself. ...more

December 20, 2008

As the list of companies seeking government help grows, it is anybody's guess where the Treasury Department's largesse will stop. ...more

November 1, 2008

Picture whipping out your cell phone and catching up with "Lost" or "Jeopardy," or watching the local 11 o'clock news, all for free. ...more

August 19, 2008

Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time. ...more

August 2, 2008

Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator continues to struggle with the faltering U.S. economy and its own rapid expansion. ...more

July 2, 2008