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Financial services reform in the US includes a ban on punitive charges for credit card infractions.
The Cuban government has begun releasing jailed dissidents in a political concession brokered by the Catholic Church.
Barack Obama has warned that BP will ‘pay’ for the environmental damage caused by the oil slick in the Gulf of Mexico.
The bank gave credit agencies a false picture of its value ahead of the sale, writes Andrew Clark
After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.
Big carmakers at the Detroit Motor Show had electrically powered and hybrid cars on display, but Americans still aren’t buying green vehicles.
The heads of leading banks in the US were summoned to the White House this week for a "frank and candid" discussion with President Barack Obama.
Wall Street bank has recovered from the credit crunch and may pay bonuses of $900 000 this year, reports Andrew Clark.
The subject of the greatest popular vitriol is Madoff’s wife, Ruth, who still lives in the couple’s $7-million penthouse on New York’s Upper East Side
The rump of Conrad Black’s former newspaper empire, Sun-Times Media, filed for bankruptcy protection recently.
Chrysler’s position is widely considered to be the most perilous of Detroit’s "big three" manufacturers.
Property markets on both sides of the Atlantic have plunged, but nowhere has the collapse been more spectacular than in Detroit.
The world’s largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
Emergency rescue plan to go back to the House of Representatives.
The Marlboro cigarettes empire Altria is in talks to buy the United States’s biggest maker of chewing tobacco.
Andrew Clark reports on the school where teachers carry a pen, a ruler and … a gun.
Apple has unseated Google to become the most valuable company in the American cradle of technological innovation, Silicon Valley.
It is too soon to call an end to the oil price crisis that has engulfed global energy markets in the past year, the West’s oil watchdog has warned.
The head of Microsoft’s Windows and web operations is leaving the Seattle-based software empire.
Ford is hoping to persuade its American customers of the charms of modestly sized European vehicles such as the Fiesta, the Focus and the Transit van.
