General Motors Corp on Monday announced plans to slash plants, hourly workers and dealers and to eliminate its Pontiac brand in an effort to meet government demands for a quicker and deeper
Apple Inc said a shareholder proposal for more say over executive pay was approved at its annual meeting on February 25. The iPod, Mac and iPhone maker originally said it believed the
American International Group Inc (AIG.N) has received second-round bids from three groups for its aircraft leasing business, valuing the unit at under $5 billion, a source familiar with the matter said on
European stocks were lower around midday on Monday as fears of a swine flu pandemic hit airline, travel, bank and energy shares on worries that travel and trade would be hit. At
Britain's leading share index was down 1.2 percent early on Monday, pressured by banks and commodity stocks as fears of a swine flu pandemic, which has already killed 103 people in Mexico,
European stocks fell early on Monday as fears of a swine flu pandemic hit airline, travel, bank and commodity shares on worries that travel and trade would be hit. By 0841 GMT
U.S. software company Microsoft still sees value in a potential partnership with Yahoo even though it is no longer wants to buy it, chief executive Steve Ballmer said on Friday. "I have
Internet social media company Facebook plans to allow outside developers access to core parts of the website so they can build new services, a person familiar with the situation said. The person
World stocks tumbled on Monday, after seven weeks of gains, and oil and the euro fell as concerns intensified the spread of swine flu, which has killed more than 100 people in
The U.S. Treasury is expected to make a new debt restructuring offer to Chrysler's first-lien lenders as soon as Monday in the wake of cost-cutting deals the struggling automaker won with unions,
