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Latin America's Five Most Competitive Countries (And One Slacker)

Chile retained its top spot among Latin American economies as the most economically competitive nation, while its neighbor to the east continued falling, according to a report from the World Economic Forum, which hosts the annual economic summit in Davos, Switzerland.
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AMR US Airways

American Airlines Pilot Contracts Can Be Abandoned, Judge Says

AMR Corporation's (PINK: AAMRQ) American Airlines took a major step toward emerging from bankruptcy after a federal judge tossed out its pilots' union contract, ending a dispute with the only union it had failed to reach a deal with on concessions.
Teddy Kennedy

Ted Kennedy: Democrat ‘Icon’

More than fifty years after John F. Kennedy’s assassination and more than four decades after Robert’s murder, the “Kennedy” name is the gold standard for liberal Democrats.
Asian Stocks

Asian Stocks Decline As US, China Data Disappoint

Asian stock market declined Wednesday as weak economic reports from U.S. and China weighed on the sentiment. Concerns over global economic downturn resurfaced after the Institute for Supply Management (ISM) said that U.S. factory activity contracted for the third straight month in August
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Fastest Growth in Services PMI in 6 Months

August saw the Indian private sector business growing at its swiftest in six months. The rapid progress was augmented by development in new business since February amid increasing optimism about the future, according to a survey on Wednesday.
General Motors

GM Turns to China to Crack India's Tough Car Market

General Motors Co began initial production of its first ever Chinese-designed car for the Indian market this week, a major step for the U.S. automaker as it tries to scale up in a market where foreign companies have struggled.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak US, China Data

Asian markets fell Wednesday as investors' concerns about the weakening global economy was revived by the declining U.S. manufacturing activity and disappointing China's services activity.

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