Bankruptcy looms for GM; Chrysler awaits fate DETROIT – General Motors Corp. has cleared a couple of key roadblocks on the ailing automaker's route to an almost certain bankruptcy filing Monday.
Antiques dealers lament sales slowdown NEW YORK (Reuters) - Top office products retailer Staples Inc reported slightly higher-than-expected quarterly earnings on Wednesday, bolstered by its Corporate Express unit.
Petraeus supports closure of Guantanamo Bay prison LAWRENCEVILLE, Ga. - Closing the military prison at Guantanamo Bay would purge the U.S. of a symbol used by enemies to divide the nation, the head of the U.S. Central Command said Friday.
Full Story» WARSAW (AFP) - Poland has distinguished itself within the 27-member European Union by recording first quarter GDP growth, but few local economists believe expansion will be sustained throughout the year.
ALL BUSINESS: Ex-Countrywide execs to aid housing NEW YORK - Countrywide Financial placed itself at the epicenter of the housing crisis by making far too many risky loans to homeowners who ultimately couldn't afford them. Those missteps cost CEO Angelo Mozilo his job when the lender was taken over by Bank of America a year ago at a fire sale price.