The Fed is giving more thought to actively heading off financial bubbles in the wake of the housing and credit crises, and the FAA is looking into why American Airlines ordered mechanics to skip safety inspections to detect damage to planes from lightning
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General Electric plans to sell or divest itself of its century-old appliances business, and Carl Icahn is launching a proxy contest to unseat Yahoo's board, a move aimed at pushing Yahoo back to the bargaining table with Microsoft
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A growing number of economists are now less pessimistic about a recession, and ... with the death toll from China's earthquake nearing 20,000, the disaster is throwing a harsh spotlight on the gap between that nation's rich and poor
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Hewlett-Packard closed in a deal to acquire Electronic Data Systems for about $13 billion, and Credit Agricole is considering launching a $9.17 billion capital increase to plug mounting subprime losses at its Calyon investment bank
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One of AIG's most-profitable units, an airplane-leasing giant run by one of the insurer's largest shareholders, is considering a split from the company ... and, a new generation of nuclear-power plants is on the drawing boards in the U.S., but the project
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Defense company Harris Corp. has begun exploring options, including a possible sale ... and insurer AIG reported a record $7.8 billion loss and said it will raise $12.5 billion in capital to replenish its balance sheet
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A top regulator warned that a Senate proposal to combat speculation in energy markets could have damaging unintended effects, and feisty talk from the Clinton campaign couldn't dispel the growing perception among Democrats that Barack Obama will win the p
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The Treasury's Paulson said in an interview that U.S. financial markets are emerging from the credit crunch but predicted further bumps along the road, and ... Barack Obama's quest to clinch the Democratic nomination got a lift with a double-digit win i
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France's Alstom is being investigated over whether it paid hundreds of millions of dollars in bribes to win contracts in Asia and South America, and Sprint is considering spinning off or selling Nextel
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