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Ford's June Sales Increased 11 Percent

Ford Motor Company posted strong sales results for June, up 10 percent from the same month one year ago. General Motors also showed a June sales increase, but its numbers were below analyst expectations.

Lockheed Martin Axing 1,500 Jobs Amid Looming Defense Spending Cuts

Lockheed Martin Corp. (NYSE: LMT) said it will cut about 1,500 jobs at the Aeronautics unit in a move to curb costs and offer better priced products to customers. Added to the costs, President Barack Obama's goal of reducing defense spending by $400 million is also a burden on Lockheed Martin.
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Pedestrians pass the head office of Lloyds Banking Group in central London

Lloyds Bank Cuts 15,000 More Jobs

Lloyds Banking Group plc (NYSE: LYG) said it will slash 15,000 more jobs – about 14 percent of its current workforce -- in an attempt to save about £1.5-billion ($2.4-billion) by 2014 and return the British lender to profitability.
George Anthony, Father of Casey Anthony

Casey Anthony trial: Father George breaks down trying to clear his name

Casey Anthony's father took the witness stand on Wednesday and narrated how he tried to kill himself after he realized that he 'failed Caylee'. George Anthony also had an angry exchange with Casey Anthony's lawyer Jose Baez when he made comments that suggested that George could be suspected for the death of two-year-old Caylee.
George Anthony, Father of Casey Anthony

Searching for Answers, Casey Anthony's Father Bought Gun

Casey Anthony's father, George Anthony, on the witness stand again on Wednesday, testified that he bought a gun in August 2008, planning on using it to force his daughter's friends to tell him what happened to his then-missing granddaughter by gunpoint, Reuters reported.
George Anthony

Casey Anthony's Father: Casey Saw Caylee Alive Last

George Anthony, Casey Anthony's father, Wednesday broke down in tears on the stand, denied the defense team's claim that he had sexually abused Casey, and also said Casey was the last person to see Caylee Anthony, Casey's daughter, alive.
Leonard Green buying BJ's Wholesale Club for $2.8 billion

Wholesale Club War: BJ's vs. Costco

Leonard Green & Partners and CVC Capital Partners have agreed to buy BJ's Wholesale Club for $2.8 billion. The move is expected to pit BJ's in more direct competition against Costco in the wholesale club wars as the firms push BJ's, in only 15 states to growth.
Housing

This Is Not Your Father's U.S. Housing Sector

Time was, you could 'bank on' certain trends in the United States: ample career positions for new college graduates, rising incomes, and rising home prices. Times have changed, and regarding the latter, today's unforgiving U.S. housing sector makes due diligence all-the-more important for prospective home buyers.
Volkswagen to Build Two New Plants in China

Volkswagen to build two new factories in China

Volkswagen continues its quest to become the world's largest automaker with announcement of two new plants in China. The factories will each have the capacity to produce 300,000 vehicles annually. One will be in the eastern part of the country and one will southern China.
Apple's iPad

Analyst raises Apple stock price target to $450

Apple is on a roll, and an analyst has a $450 target on the stock. The company is said to be preparing to release a lower-end iPhone 4 in September that costs less and has enhanced voice commands.
Ford Motor Company CEO Alan Mulally

How Alan Mulally Saved Ford

Ford Motor Company's turnaround represents America's freedom, taking risk and working hard to get the job done.

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