Welcome, Mr. President: Here

They’re not running for poet laureate. But surely John McCain and Barack Obama are aware of the cautionary verse from Scottish poet Robert Burns: […]

Thai Inflation Rate May Remain High as Economic Growth Slows

Thailand's inflation rate may remain “elevated for a while,'' underscoring the central bank's vigilance on price gains amid signs economic growth is slowing, central […]

More Ford buyouts at Mich., Ohio plants

Ford Motor Co. is giving hourly workers at 17 facilities another round of buyout and early retirement offers in an ongoing effort to match […]

American Express profit falls as credit losses rise

American Express Co (AXP.N: Quote, Profile, Research, Stock Buzz), a credit card issuer and processing network, reported a steeper-than-expected 38 percent drop in quarterly […]

New AMD CEO shows board confident about turnaround

Dirk Meyer’s promotion to chief executive of Advanced Micro Devices Inc (AMD.N: Quote, Profile, Research, Stock Buzz) shows that the board believes the struggling […]

U.S. plan to save Fannie and Freddie

The Treasury Department and Federal Reserve on Sunday outlined a comprehensive government plan to prop up Fannie Mae and Freddie Mac - the two […]

AirTran lays off 480 pilots, attendants

Discount carrier AirTran Airways is cutting 480 jobs, or more than 5% of its work force, amid difficult financial times due largely to soaring […]

U.S. frees up airspace for July 4 weekend

The U.S. military will open up airspace for commercial air travel during the Independence Day weekend to relieve congestion, the U.S. Department of Transportation […]

Vietnam Shouldn

Vietnam's central bank shouldn't use up its supply of dollars with intervention because the black market rate for the dong won't converge with the […]