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Saturday, October 3, 2015
Ben Bernanke, in new memoir, recalls Lehman's 'surreal' failure
Ben Bernanke recalls the September weekend in 2008 when regulators sought desperately but in vain to save the investment bank Lehman Brothers as a "terrible, surreal moment."
Nearly two thirds of United Auto Workers at Fiat Chrysler voted to reject a proposed contract agreement with the company. Sixty-five percent of the membership voted against the pact, the union said Thursday, sending UAW leaders scrambling for a Plan B. Union leaders from across the nation were meeting Thursday in a Detroit, Michigan suburb to talk about their next move.
European stocks rose while Asian markets were lackluster Friday as investors waited for a U.S. jobs report that could influence whether the U.S. Federal Reserve chooses October or December for its first interest rate hike in nearly a decade.
Friday, October 2, 2015
U.S. manufacturers expanded at their slowest pace in two years last month, held back by faltering global growth and cutbacks in oil and gas drilling.
Gender equality in corporate America is happening so slowly that it could take more than a century for women to have the same number of top executive jobs as men, according to a new study.
Thursday, October 1, 2015
American consumers were feeling more confident again this month, good news for the U.S. economy.
The U.S. Environmental Protection Agency announced new rules Tuesday to reduce toxic air pollution from oil refineries by forcing operators to adopt new technology that better monitors and controls emissions.
Wednesday, September 30, 2015
Takata air bag recalls could expand to 7 more firms
Seven more companies including electric car maker Tesla Motors could be facing recalls because they use air bag inflators made by Takata Corp., according to letters they received last week from U.S. safety regulators.
An AIDS health care group is defending an ad campaign in Los Angeles that links popular dating apps with the spread of sexual transmitted diseases.
Fewer Americans signed contracts to buy homes in August, as pending sales slumped amid broader concerns about the U.S. stock market and global economy.
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