Treasury Secretary Timothy Geithner said Wednesday the United States bears a substantial share of responsibility for a global economic crisis that could cost the world up to $4 trillion in lost output this year alone.
South Africans lined up before sunrise Wednesday to vote in an election energized by the hugely popular Jacob Zuma, who has overcome sex and corruption scandals and helped generate an excitement not seen since the country's first multiracial vote in 1994.
Coca-Cola Co. sees a chance to increase its market share during the economic slowdown and doesn't plan to waste the opportunity, the chief executive of the world's largest beverage maker told shareholders Wednesday.
For all the talk of crime, jobs or AIDS, South Africa's parliamentary vote Wednesday is all about Jacob Zuma, who has survived corruption and sex scandals to emerge as one of the country's most popular leaders ever.
Caterpillar Inc., the world's largest maker of construction and mining equipment, on Tuesday reported a first-quarter loss of $112 million, hurt by sharp sales declines across the globe and a big charge for recent layoffs.
General Motors Corp. could get as much as $5 billion more in federal loans, while Chrysler LLC could get $500 million as they race against government-imposed deadlines to restructure, according to a government report filed Tuesday.