GM to start repaying $6.7 billion U.S. government loan: source

General Motors Co. will announce on Monday it plans to start repaying a $6.7 billion loan to the U.S. Treasury by year-end due to […]

J.C. Penney raises earnings view; shares up

Department store operator J.C. Penney Co Inc forecast earnings for the holiday quarter that could surpass Wall Street expectations, and its shares rose more […]

UPS sees 2010 volume growth, higher rates

United Parcel Service Inc, the world’s largest package delivery service, expects growth in its volumes next year as the global economy gradually recovers, its […]

Barclays restarts dividends

Barclays Plc said strong investment banking helped limit a fall in profit in the third quarter and it expects bad debts to peak earlier […]

Obama signs jobless benefit extension

President Obama said he signed into law Friday a bill to provide up to 20 additional weeks of jobless benefits to unemployed Americans and […]

Google seeks revenue from online retailers

Google Inc is selling a special search product to online retailers, as the Internet giant widens its hunt for new sources of revenue.
Google Commerce […]

CIT loss won’t be last for taxpayers

CIT Group is the first big bailout loss for taxpayers, but it won’t be the last.
CIT (CIT, Fortune 500) filed for Chapter 11 […]

House Dems unveil $894 billion health care bill

House Democratic leaders unveiled a sweeping health care bill Thursday that includes a more moderate version of the government-run public health insurance option.
The measure […]