Geithner says time to shift strategy to growth
Treasury Secretary Timothy Geithner said on Thursday the economy has regained enough strength to allow a shift in strategy from rescue to preparing for future growth. Read Full Article here.
Analysts see nascent recovery for U.S. airlines
U.S. airlines are coming back into favor with analysts amid more competitive pricing and evidence the global economy is on a recovery path. Read Full Article here.
GM to sell control of Opel to Russia-backed Magna
U.S. carmaker General Motors agreed to sell a 55 percent stake in Opel to a group led by Canada's Magna , after months of fraught negotiations that had weighed on the European unit and its 50,000 workers. Read Full Article here.
Big U.S. media companies join up to study TV audiences
Time Warner Inc, News Corp and a dozen other top media companies officially announced plans on Thursday to create a coalition to study new ways to measure television audiences. Read Full Article here.
Bank of America names Orcel to executive banking post
Bank of America Corp said on Thursday it named London-based Andrea Orcel an executive chairman for its global banking and markets division, according to an internal memo seen by Reuters. Read Full Article here.
U.S. trade gap widens on record import surge
The U.S. trade gap widened dramatically in July as imports surged and dealers stocked up on cars for the cash for clunkers program, while more recent data showed improvement in the U.S. labor market. Read Full Article here.