U.S. mulling mortgage aid for unemployed

President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration […]

Wise investment in creative work

Corporate welfare is tough to justify at the best of times. Earlier this decade, Stephen Harper, then opposition leader, campaigned against it. But as Prime […]

Gruebel: UBS cannot comply with U.S. request

UBS AG Chief Executive Oswald Gruebel sent a memorandum to the bank’s top executives on Thursday saying the bank could not comply with a […]

Tribune Co. sells Chicago Cubs - source

The Ricketts family has reached a deal to buy the storied Chicago Cubs baseball team from bankrupt media company Tribune Co. for slightly less […]

Lear Corp files for bankruptcy

U.S. auto parts maker Lear Corp, which has been weighed down by heavy debts and a sharp decline in automobile demand, filed for Chapter […]

Beijing Automotive plans Opel bid: report

Chinese carmaker Beijing Automotive Industry Holding Co plans to present a detailed bid for General Motors Corp’s Opel unit in the next few days, […]