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AFP - Major wealthy and emerging nations pledged Sunday "all necessary steps" to boost sagging market confidence and to give a bigger voice to developing countries in global economic affairs.
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NEW YORK (Reuters) - Power producer NRG Energy Inc on Sunday rejected an unsolicited $6.08 billion takeover offer from utility owner Exelon Corp, saying the offer "significantly undervalues" the company.
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AP - Deutsche Post AG is poised to announce thousands of job cuts at its DHL Express operations in the United States, possibly as early as Monday, a person familiar with the decision told The Associated Press.
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China's government announced a two-year stimulus plan that could exceed a half trillion dollars to offset the impact of slowing global growth and unlock the spending power of its vast population.
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In a move to save depleted stocks, managers vote to implement a quota system on important bottom-dwelling species. By Kenneth R. Weiss After years of lax rules and wasteful practices that led to an economic disaster, fishery managers have decided to ...
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By Dan Gallagher, MarketWatch SAN FRANCISCO (MarketWatch) -- American Electric Power said Sunday that it has reduced its earnings forecast for next year, citing the slowing economy and "various potential regulatory outcomes.
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By ALAN CLENDENNING 11.09.08, 1:26 PM ET Finance ministers and central bank presidents from 20 leading nations agreed Sunday to boost emerging economies' role in negotiations to overhaul the international financial system.
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BY SUSAN TOMPOR • FREE PRESS COLUMNIST • November 9, 2008 We've witnessed a presidential election marked by history and hope.
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After nearly eight weeks of questions, the world is likely to get some answers Monday about exactly what's going on with American International Group, the official insurance company of the United States.
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WASHINGTON (Reuters) - Businesses should expect more scrutiny of their books, moves to expand health insurance, an end to no-bid Pentagon contracting and a host of other changes when President-elect Barack Obama takes office.
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