ASK THE EXPERT: Steve Meeks senior vice president, Paric Corp.

All businesses — and particularly retailers — thinking of conserving costs by shrinking space should consider at least three factors to assure the maximum […]

Citibank prices equity offering at $20.5 billion

Citigroup said Wednesday it intends to raise $20.5 billion in the stock market as part of its plan to repay bailout money and free […]

Exxon to buy XTO in $41 billion deal

Exxon Mobil said Monday it will buy natural gas producer XTO Energy Inc. for $41 billion in a stock and debt transaction.
The world’s […]

Geithner Dismisses Tax on Financial Transactions as Unworkable

Treasury Secretary Timothy Geithner, throwing cold water on a plan by congressional Democrats to tax financial transactions, said banks and other market participants would […]

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 […]

Ex-Frontier Airlines pilot named VP of owner Republic Airways

Don Osmundson, a former pilot for Frontier Airlines, was named Monday as vice president of flight operations for Republic Airways Holdings, Frontier’s new owner.
Osmundson joined […]

Dubai debt ’standstill’ raises alarms about image

DUBAI–Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a […]

Singapore to Study Property Market Before Adding More Measures

Singapore will study the impact of existing measures to deter speculative property purchases before taking more steps to rein in prices, National Development Minister […]

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 […]

Sony pushes back profit margin target, eyes 3D TV

Sony Corp pushed back an elusive profit margin target to March 2013, after narrowly failing to meet the goal last year, but it aims […]