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Opel labor rep says SAIC should get Opel stake

Opel's labor chief called for U.S. carmaker General Motors Co to offer shares in Opel to its joint venture partner Shanghai Automotive Industry Corporation in a renewed push for more independence.

UAW shifts focus to Chrysler and Marchionne

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With a tentative agreement with General Motors Co in hand, the United Auto Workers union shifts its focus to Chrysler Group LLC where a one-week contract extension will expire late Wednesday.
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Netflix's Chief Executive Officer Reed Hastings speaks during an interview with Reuters in Buenos Aires

Netflix, Discovery in New Streaming Deal

Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including Man vs. Wild and River Monsters to the streaming service, according to people close to the deal.
Greenspan listens to opening statements as he testifies before the Financial Crisis Inquiry Commission hearing on Capitol Hill

BRIC Help for Euro Zone Has Echoes of 1998

The world's giant emerging economies have no magic wand to resolve the euro zone's debt problems, but a contribution to its stabilization could still prove powerful, help avert market panic and reap significant non-financial rewards.
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Futures flat ahead of Fed statement

Stock index futures were little changed on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.
Gold block

Gold Steady Above $1,800 as Traders Await Fed News

Gold held steady above $1,800 an ounce on Wednesday ahead of the outcome of a Federal Reserve policy meeting at which the U.S. central bank is expected to unveil its next steps to revive the world's largest economy.
BlackBerry Bold 9900

RIM, BlackBerry Sales Plunging in U.S.

Sales of Research in Motion's BlackBerry smartphone are plunging in the U.S. In a company filing, RIM notes that the company has a 50 percent year-over-year decline in U.S. revenue, largely because consumers are moving away from the BlackBerry to Apple's iPhone and Android-based smartphones.
NASA UARS Satellite

NASA Unsure of Six-Ton Satellite's Crash Site

A defunct NASA satellite the size of a bus is set to plunge through the Earth's atmosphere sometime this weekend, with officials still uncertain exactly where it is going to land.
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Cellphones may be new tool vs Somalia famine

Cellphones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.

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