Hong Kong Store Rents May Climb on Influx of Chinese Shoppers

Hong Kong store rents may rise by as much as 10 percent this year as retailers benefit from an influx of shoppers from mainland […]

Job picture: Signs of improvement

The pace of U.S. job losses slowed in November, according to two reports released Wednesday.
Automatic Data Processing (ADP, Fortune 500), a payroll-processing firm, […]

Fed banks worried in November that recovery was shaky

Regional Federal Reserve banks favored keeping interest rates low in November because of the risk an economic pickup might falter on weakening consumer spending.
Fed […]

Kraft weighs higher Cadbury bid as rivals circle: source

Kraft Foods Inc may raise its offer for Cadbury Plc or offer more cash in its bid if rival takeover offers emerge, a source […]

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 […]

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 […]

Marvel jumps on acquisition by Disney

Shares of Marvel Entertainment soared more than 25 percent in premarket trade after Walt Disney Co announced it will acquire the company and its […]

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 […]

U.S. bailout panel: more bank stress tests needed

Bank stress tests should be repeated if the U.S. unemployment rate rises beyond levels assumed by regulators in a recent round of examinations that […]

Gas price surge may stall recovery

The rising price of gasoline is putting pressure on cash-strapped motorists and throwing barricades into the path of a speedy economic recovery.
The national average […]