Watch CNBC's Africa Special tonight at 9 p.m. EST, and read Africa: Strictly Business, The Steady March to Prosperity, by TNJ Editor-in-Chief Rosalind McLymont.
Italian automaker Fiat says it has closed a deal to take over Chrysler's good assets.
The U.S. trade deficit edged up in April as crude oil prices hit the highest level since December, but the imbalance so far in 2009 is well below last year's pace as the recession dampens demand for imports.
For their second annual luncheon the Pipeline Crisis/Winning Strategies didn't have to stretch the impact that a program like theirs can have on a child's life.
Wholesalers slashed inventories more than expected in April as businesses struggled to get stockpiles in line with falling sales.
The Procter & Gamble Co. board is meeting after published reports that it's ready to act on a long-anticipated CEO succession plan.
Investors are reacting coolly to word that 10 of the nation's largest banks can repay $68 billion in bailout money.