Daily News Channel
The tiny Fiat 500 is one of the first cars Chrysler hopes to build in North America through its new alliance with Fiat. “It’s highly, highly likely that the Fiat 500 will be built in the NAFTA region,” said Chrysler vice chairman Tom LaSorda after the deal with Fiat was completed as part of the company’s structured bankruptcy.
May 1 marks five years since the European Union opened up to bring former eastern bloc countries into its fold, taking it to 27 members. But instead of fanfare and fireworks, the mood is muted in New Europe and among the E.U.’s veterans. The post-1989 boom in central and eastern Europe — when new E.U
Torture, the economic collapse, the controversial firing of eight U.S. federal prosecutors, Vice President Dick Cheney’s secret energy task force: there’s no shortage of reasons to be scrutinizing the Bush Administration these days, and Congress is on the case on most of them. But from the Obama Administration’s point of view, there are equally compelling reasons not to get distracted by public trials that do little to further the President’s ambitious agenda of health care reform, the re-regulation of Wall St.
For many college hopefuls this year, getting in was the easy part. Now comes the real challenge: figuring out where they can afford to go
The intrusive voices popped into William "Bill" Garrett’s head. "They’re coming for you," the voices told the 18-year-old.
As the executives at Apple were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. In a recession, there is only so much air in any room
The sudden death — an apparent suicide — of Freddie Mac’s acting chief financial officer David Kellermann is the latest shock to ripple through the federally backed housing agency. Since essentially being taken over by the government in September, it has been one hit after another for Freddie Mac — a private company that, with sister-agency Fannie Mae, holds or guarantees more than half of all U.S.
The bailout may be coming to your local mall. The credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking
Listen up, all ye coeds: the dress code on campus is about to kick up a notch. In the past year, a number of top financial professionals have decided to swap toxic assets and big acquisitions for academia
Asian and Pacific markets tumbled on Tuesday, following a rocky day on Wall Street. The Nikkei average was down 3.4 percent at the midday break, while the All Ordinaries index in Australia had slipped 2.7 percent. In Seoul, the KOSPI slipped 1.9 percent and Hong Kong’s Hang Seng index was off 3.9 percent