Chrysler Group to be sold to private equity firm
Cerberus gains more than 80% stake in troubled automaker for $7.4 billion ... [read more]
Chrysler deal fits into the long-term plan of Cerberus
When Cerberus Capital Management gets a controlling stake in Chrysler, it will be the first time that... [read more]
Clothing sales make big inroads on the Web
For the first time since online retailing was born about a decade ago, sales of clothing in the United... [read more]
Crowds still thin but revenue is up at Universal
Universal Orlando's theme-park attendance continues to slide, yet the resort continues to entice more... [read more]
Gloom gathers over US economy
Retail sales lurch lower while former Fed chairman Alan Greenspan issues a fresh warning that the world's... [read more]
Thomson divests its textbooks before Reuters deal
The Canadian publishing company raised $7.75 billion from the sale of the business to two investment... [read more]
Banks
Manufacturers call on Bank to halt rate rises
The Bank of England should resist the temptation to raise interest rates again this week because inflation... [read more]
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
Energy
UK oil output shortfall raises fears of dependence on Russia
The energy industry warned today that government targets of keeping Britain's oil and gas production... [read more]
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]