Fed policy debate begins as recession ends
Comments from two senior Federal Reserve officials on Monday touched on what could become a struggle in the coming months and years over how and when to unwind the bank's dramatically accommodative policy. Read Full Article here.
U.S. looking at selling Citi shares: report
The Treasury Department is talking to Citigroup Inc about how to sell the roughly one-third stake the government acquired as part of its bailout of the bank, Bloomberg reported, citing people familiar with the matter. Read Full Article here.
European carmakers ask if sales rise can last
News that European car sales rose for a third consecutive month in August kicked off the Frankfurt Motor Show, where automakers are showcasing green technology they hope will transform the industry. Read Full Article here.
Wells Fargo fires exec over Malibu house scandal
Wells Fargo & Co has fired a senior vice president after investigating reports she held lavish parties at a foreclosed beachfront Malibu house owned by the bank. Read Full Article here.
Kraft may sell assets to raise Cadbury cash: report
U.S. food company Kraft Foods might sell assets like Maxwell House and Oscar Mayer to finance its planned acquisition of British confectioner Cadbury , the New York Post reported, citing sources familiar with the matter. Read Full Article here.
Rivals seek stake in JAL; eyeing China, Asia routes
Air France-KLM is in talks to invest in Japan Airlines Corp (JAL) <9205.T>, a source familiar with the matter said, as rival suitors seek a stake in the loss-making carrier to access its China and other Asian routes. Read Full Article here.
HP shows off new ultra-thin PCs, stylish netbook
Hewlett-Packard Co unveiled several new products for the important fall season, including thin and light laptop PCs and an eye-catching new netbook. Read Full Article here.
China says data shows U.S. tire tariff not fair
China unveiled data on Tuesday that showed tire exports to the United States actually fell in the first half of 2009, rebutting Washington's accusations it had breached its WTO agreements by flooding the U.S. market. Read Full Article here.
U.S. senator promises look into cellphone-cancer link
Iowa senator Tom Harkin, newly empowered to investigate health matters as chairman of the Senate Health, Education, Labor and Pensions Committee, promised on Monday to probe deeply into any potential links between cellphone use and cancer. Read Full Article here.