Detroit - Auto sales fell in november, and though they still outpaced a dismal October, the results were disappointing to U.S. automakers who introduced a flurry of discounts to lure buyers to showrooms. Sport utility vehicle sales slid again.
DETROIT - General Motors Corp. has been negotiating with the United Auto Workers for months in an attempt to lower its skyrocketing health care costs, but those talks could be jeopardized by Delphi Corp.'s bankruptcy, analysts said Monday.
NEW YORK -- A diamond necklace worth as much as some houses. More than $300,000 in limousine rides. Sixty thousand dollars worth of rugs.
The closing of Macy's at Augusta Mall this spring could jeopardize as many as 145 jobs and hand the mall its first major loss. Federated Department Stores Inc. announced Tuesday it would close the store after liquidation sales within the next two months. The company's Rich's store at the mall will remain unchanged.
Oil fell Tuesday after China said it will raise interest rates again to help control inflation. Declining gasoline demand in the U.S. and a rare oil shipment from Libya also pulled crude lower later in the day.
Chrysler took a bite out of its dealer network Thursday, and the teeth were felt by two local dealerships.
...for Chapter 11 bankruptcy protection as it grapples with more than $22 billion in debt. The filing in U.S. Bankruptcy Court in New York will allow Calpine to continue normal operations at its power plants and facilities in the United States...
CHICAGO -- The Spiegel Group is looking for a buyer for its Eddie Bauer clothing and home furnishing business after German billionaire Michael Otto was unable to reach a deal to retain control of the company, a Spiegel spokeswoman said Tuesday.