Pier 1 reports profit

Pier 1 Imports Inc. said Thursday it swung to a fiscal fourth-quarter profit, helped by improved gross profit margins, higher same-store sales and lower […]

Chrysler recalls 212,000 cars

Chrysler LLC is recalling 212,347 Chrysler Sebring and Dodge Avenger passenger cars worldwide to fix an electrical problem that could lead to engine stalling […]

IMF backs budget plan involving gold sale

The International Monetary Fund’s executive board has approved a broad financial overhaul plan that could lead to the eventual sale of a little over […]

Bank of Japan interim head may ascend

The government of Japan plans to propose that the Bank of Japan’s interim governor, Masaaki Shirakawa, be named central bank head to ensure attendance […]

OSBORN

Osborn & Barr, one of the country’s largest agricultural marketing agencies, will move its headquarters to downtown St. Louis from Clayton.
After a yearlong […]

Rumor mill transforms talk to truth

Four days before Bear Stearns (BSC.N: Quote, Profile, Research) was forced to seek emergency funding, its chief executive was desperately trying to stop rumors […]

Rio CEO points to BHP undervaluing growth

Rio Tinto’s (RIO.L: Quote, Profile, Research) (RIO.AX: Quote, Profile, Research) portfolio of growth projects will drive its shares up faster than those of its […]

Another GM plant closes on American Axle strike

General Motors Corp. is closing a sedan plant in the Detroit area as a result of the monthlong strike at parts supplier American Axle.
GM […]

JetBlue founder in Brazil venture

The founder of JetBlue Airways announced a new Brazilian airline on Thursday, to begin operating next year with three jets and eventually grow to […]