Financing woes delay start of Kiel work

The tough commercial lending market has forced a delay in the renovation of the Kiel Opera House, a spokesman for David Checketts said Monday.
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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 […]

GM CEO to get raise in compensation: report

General Motors Chief Executive Fritz Henderson will get a raise in his compensation package to $5.45 million under new rules advocated by the U.S. […]

U.S. Fed: Economy perked up from depressed levels

U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the […]

IRS probing home-buyer tax credit claims: report

The U.S. Internal Revenue Service is probing more than 100,000 doubtful claims of a tax credit meant for first-time home buyers, the Wall Street […]

Data point to slow economic rebound

The economy is having growing pains.
Discouraging new reports on unemployment and manufacturing Thursday reinforced worries that job losses and meager factory output […]

CIT board approves restructuring plan: source

CIT Group Inc’s board approved a restructuring plan on Thursday, clearing the way for the commercial lender to launch a large debt exchange offer […]

Caterpillar dealer data shows stabilization signs

Caterpillar Inc said on Monday that dealer sales of its heavy equipment, diesel engines and gas turbines continued to be weak in August though […]

Google revamps DoubleClick exchange

Google Inc announced a major overhaul of the DoubleClick ad exchange it acquired last year, an important step in the Internet search giant’s plan […]

JAL alliance talks heat up with Air France-KLM entry

Air France-KLM is in talks to invest in Japan Airlines, a source familiar with the matter said, joining a list of suitors seeking a […]