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AIG wants the U.S. to let it pay millions of dollars more in bonuses to top execs.
Autos
Reuters
CEO: ‘A rare second chance’
GM zooms out of Chapter 11 with plans to build cars people are eager to buy. CEO Henderson says focus will be on 'customers, cars and culture.' Full Story | Video | Discuss
Suck on these lemons!
They might not have been terrible, but here are 10 vehicles Detroit will always regret. Do you remember the Pontiac Aztek? Please! Interactive
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Consumers' mood sours in early July
U.S. consumer sentiment soured in early July, slipping to its weakest since March, when confidence in the financial sector and economy were at a low ebb.
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Geithner: Derivatives crippled the economy
The huge amount of money tied up in complex derivative transactions helped cripple the economy, Treasury Secretary Timothy Geithner told lawmakers Friday.
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Obama: Nations must fight global warming
President Barack Obama says the global recession makes it harder to strike an international climate agreement but that leaders must "fight the temptation toward cynicism" and press forward.
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A leaner GM zooms out of bankruptcy
General Motors completed an unusually quick exit from bankruptcy protection Friday with ambitions of making money and building cars people are eager to buy.
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Nation’s retailers report weak June sales
Escalating job worries and rainy weather dampened shoppers’ appetite for buying summer staples like shorts and dresses, resulting in sharp June sales declines for many merchants.
Multimedia and features
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Defaults on commercial real estate accelerate
Owners of shopping malls, hotels and offices are defaulting on loans at an alarming rate, and the commercial real estate market is not expected to hit bottom for three more years.
Multimedia and features
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Your Career: Take this job and shove it!
With so many companies laying off workers and slashing wages and benefits, it’s not surprising that some employees feel no obligation to be nice when they head out the door.
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It's summertime and the living is stingy, mostly
Americans are cutting back their spending but not abandoning favorite summertime pursuits despite the extra expense, a new survey released Wednesday indicates.
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Guess what? No raises again this year
Some bosses are trying to ease the pain in other ways, giving the staff flex time, lunches or field trips. Others are dipping into savings to pay bonuses and restructuring compensation.
Multimedia and features
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Some laid-off workers turn to franchising
More and more laid off workers are considering franchising as an alternative to working for someone else. But becoming a franchisee takes a lot of hard work and money.
