UNITED STATES

Calpers, the biggest U.S. public pension fund, has fired or will sack a number of its real estate portfolio managers amid steep losses for its property assets, according to a report on its web site.

General Motors Co has replaced the head of its mass-market Chevrolet brand as the management shake-up continues at the top U.S. automaker.

Braced to cut costs when Britain is facing the biggest government deficit in its history, a London council is trying the budget airline approach.

GE CEO on Greed; Low Income Housing Woes; A Tablet from Apple?

U.S. wholesalers started restocking in October for the first time in more than a year, suggesting the economy could get a lift as a long-running effort by businesses to pare inventories reaches an end.

Rupert Murdoch, the Chairman and Chief Executive of News Corp., believes that U.S. funding for the distressed newspaper industry would be a detriment to freedom of speech.

Angelina Jolie supports seven orphans in Amman, Jordan, according to a report from the National Enquirer.

U.S. wholesalers started restocking in October for the first time in more than a year, suggesting the economy could get a lift as a long-running effort by businesses to pare inventories reaches an end.

Bank of America Corp fully repaid the U.S. government the $45 billion in aid it took during the height of the financial crisis, the company said on Wednesday.

The bankruptcy of General Growth Properties (GGWPQ.PK) has created a once-in-a-lifetime opportunity for suitors, but as they circle the No. 2 U.S. mall owner they are likely to find consummating a deal is not easy.

When Ned Hooper joined Cisco Systems Inc (CSCO.O) after the company he worked for was bought by the U.S. network equipment giant, he didn't think he would stay beyond an initial two-year commitment.

Sempra Energy (SRE.N) may join Royal Bank of Scotland Group Plc (RBS.L) in selling off their entire joint commodities business, offering quick entry into a lucrative market with a diverse, global trading book.

Grupo Mexico SAB de CV (GMEXICOB.MX) said on Wednesday it completed its deal to regain control of U.S. copper miner Asarco LLC, bringing to an end Asarco's four-year bankruptcy.

Citigroup Inc plans to pay back TARP by raising money in an equity offering that could be announced as early as Thursday and could be some $20 billion, television network CNBC reported, citing sources.

The United States supports taking early action to liberalize trade in products that reduce greenhouse gas emissions and believes that could spur progress in broader world trade talks on environmental goods and services, a U.S. trade official said on Wednesday.

Demand for executive talent at Wall Street firms has rebounded strongly, and the coming bonus season may see an exodus to overseas rivals that have no limits on pay, the CEO of the world's largest executive search firm, Korn/Ferry International Inc (KFY.N), said

Steady economic and regulatory headwinds are expected to curb the issuance of consumer debt securitizations in 2010, even after this year's revival in the U.S. asset-backed market.

The United States stands at the end of a generation when greed drove leaders and rewards became perverted, General Electric Co Chief Executive Jeff Immelt said in a speech at West Point on Wednesday.

NATO will step up fighting in Afghanistan next year as 37,000 more troops join the conflict, and is aware that increased civilian casualties may be the result, a military spokesman said on Wednesday

President Barack Obama's top aides promised on Wednesday robust negotiations toward a global climate change deal this month, but firmly stated the United States does not owe the world reparations for centuries of carbon pollution

Google's share of the U.S. search market grew 1.4 percent in November, with competitors like Yahoo and Microsoft Bing, left trailing behind.