IBT Staff Reporter

Bosses at French bank Societe Generale gave up their stock options and the government said it might give new funds to support youth employment on Sunday in moves aimed at calming public discontent.

Deep in the last stronghold of the struggling U.S. auto industry, Rosario Criscuolo says he owes the survival of his business to Toyota Motor Corp .

French bank Societe Generale said on Sunday four of its bosses would give up stock options they had awarded themselves earlier this month causing public outcry because the bank is benefiting from state aid.

Wall Street's attempt to recover further from 12-year lows faces its biggest test yet this week in the Treasury's long-delayed bank rescue plan.

China's commerce minister said on Sunday that the country was still open to foreign investment after the government rejected Coca-Cola's $2.4 billion bid to buy top Chinese juice maker Huiyuan .

Starbucks, Costco Wholesale Corp and Whole Foods Market are joining forces to propose alternatives to a bill that makes it easier for workers to unionize but is strongly opposed by U.S. corporations.

Regulators worked on Saturday to assess troubles at the largest U.S. corporate credit union with the aim of keeping liquidity flowing through the nation's 7,800 credit unions.

The U.S. government will roll out next week a three-pronged bid to cleanse the U.S. financial system of toxic assets clogging banks' balance sheets, a source familiar with the plan said on Saturday.

The U.S. government will roll out next week a three-pronged bid to cleanse the U.S. financial system of toxic assets clogging banks' balance sheets, a source familiar with the plan said on Saturday.

Washington Mutual Inc, the failed U.S. savings and loan, has sued the Federal Deposit Insurance Corp for well over $13 billion in connection with the loss of its banking operations, which was acquired by JPMorgan Chase & Co.

The United States has told NATO allies it will back Danish Prime Minister Anders Fogh Rasmussen as the next head of the alliance, NATO diplomats and a U.S. source said on Saturday.

President Barack Obama plans a significant increase in the size of the Afghan police force, U.S. special representative for Afghanistan and Pakistan Richard Holbrooke said on Saturday.

The Paris prosecutor's office has launched a preliminary investigation to see if BNP Paribas provided misleading information about investments in a fund buying Madoff-related products, a newspaper said on Saturday.

The U.S. Treasury Department is likely to unveil as soon as next week a three-part plan to relieve the U.S. financial system of the toxic assets that have been clogging up the banks' balance sheets, a source familiar with the plan said on Saturday.

Sales of Microsoft's Xbox 260s in the U.S. in February was up 53 percent from the same month last year, giving the company its biggest non-holiday sales month sales apart from September 2007 when Halo 3 was launched, according NPD Group research firm.

Microsoft CEO Steve Ballmer appeared to have added more fire to the an already flaming rivalry between the difference of Mac and a PC.

Documents turned over to the Connecticut attorney general show that American International Group Inc paid out over $218 million in bonuses, more than the previously disclosed $165 million, published reports said on Saturday.

Private equity groups Hellman & Friedman, Bain Capital and TPG have each shown interest in the iShares unit from British bank Barclays , sources familiar with the situation said.

German Economy Minister Karl-Theodor zu Guttenberg said on Saturday he was talking to potential investors in troubled German carmaker Opel, rejecting a media report saying there was not yet any serious bidder.

The global economy is set to shrink by one to two percent this year, World Bank President Robert Zoellick said on Saturday, saying the depth of the slowdown was unprecedented since the 1930s Great Depression.

AUSTIN, Texas - Signing on for a Guitar Hero game was a no brainer, according to Metallica drummer Lars Ulrich.

Chinese health authorities said on Saturday that they had found no evidence of cancer-causing chemicals in baby products made by U.S. company Johnson & Johnson.

The U.S. government will announce as soon as Monday a long-awaited plan to try to get bad assets off the books of banks, a cornerstone of its efforts to tackle the credit crisis, The Wall Street Journal reported.

The U.S. government will announce as soon as Monday a long-awaited plan to try to get bad assets off the books of banks, a cornerstone of its efforts to tackle the credit crisis, The Wall Street Journal reported.

U.S. regulators seized control on Friday of U.S. Central Federal Credit Union, a huge wholesale credit union with $34 billion in assets that provides services to nearly every other credit union.

A judge in Denver on Friday set aside her previous order that former Qwest Communications International Chief Executive Joseph Nacchio report to prison on Monday after his attorneys petitioned the U.S. Supreme Court to overturn his 2007 insider trading conviction.

Wall Street's attempt to recover further from 12-year lows faces its biggest test yet next week in the Treasury's long-delayed bank rescue plan.

British bank Barclays PLC is offering to finance the purchase of its iShares fund unit, the Wall Street Journal reported on Friday, citing sources.

Proposed legislation to tax 90 percent of bonuses at companies receiving more than $5 billion in government funds is unfair, Bank of America Corp Chief Executive Kenneth Lewis said in a memo to employees on Friday.