U.S. retailers reported same-store sales fell in May below expectations, as pressures like rising unemployment continued to curtail consumer spending.
The judge overseeing Chrysler's bankruptcy case said Thursday that the automaker has a good case.
Eighty-six-year-old Johnnie Leach leans on his cane as he sits in warm sunshine on the steps of the old slave cabin where he raised 13 children four decades ago.
Chanequa Campbell soared out of one of Brooklyn's most troubled neighborhoods, parlaying a stellar high school record into prestigious scholarships and a coveted spot at Harvard University.
Huntington Bancshares Inc. said Wednesday that it will offer $300 million of common shares in a public offering.
The Senate Finance Committee has said it is considering raising federal taxes on alcohol and creating a new tax on sugar-sweetened drinks.
Investors sent stocks sharply lower Wednesday after data on factory orders and the services industry came in below expectations.
The U.S. service sector shrank last month at the slowest pace since late last year and orders to U.S. factory orders rose in April.
A person briefed on the deal says General Motors Corp. has a tentative agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery Co. of China.
General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand.