NEW YORK

GM will begin trading on the New York Stock Exchange beginning today after a landmark intial public offering, from which GM is expected to raise as high as $23.1 billion.

Cardinal Health Inc. announced its acquisition of privately-held drug distributor Kinray Inc. for $1.3 billion in cash to expand its presence in community pharmacy.

Sarah Palin, who announced her intent to run for the Presidential bid on Wednesday, seems to be reaching out to the American public in a rather tidy way. Her latest stint on reality TV, coupled with an unfaltering media management, could come along in her pursuit to the White House.

Indiana has over 30 coal-burning power plants. The smoke rises and disperses in the air, but its chemical contents do not vanish. They linger in the atmosphere and they return to the earth, and to the waterways of Indiana, with the rain.

More than 400 Fashion Bug stores will be open Nov. 25, 2010 on Thanksgiving Day between 8 am and 3 pm. Fashion Bug will open all of its stores at 6 am on Black Friday, November 26, 2010 for the first time ever with doorbuster deals and storewide sales on every item.

A bankruptcy court approved a financing package for TerreStar Networks over objections from several other classes of creditors.

Restaurants in New York City that earlier refrained from Thanksgiving dining will welcome the festivities with “value-centric” menus on offer. Here’s a list of most celebrated restaurants in New York City that are offering exclusive Thanksgiving feasting at luring prices.

Swiss pharma giant Roche said it plans to cut 4,800 jobs worldwide over the next two years due to mounting cost pressures in healthcare -particularly in the US and Europe - and increasing hurdles for the approval and pricing of new medicines.

Yahoo, the once-mighty torch bearer for the Internet age, is shaking up it business strategies even as the company is bedeviled by job cuts, takeover speculation and a fall in share prices.

The Federal Reserve is likely to spend the entire $600 billion allocated for the second round of quantitative easing (QE2) and is open to a third round (QE3) if the economy performs worse than expected.

Former hedge fund manager Jim Cramer said he can't convince Americans that their government's choice to get this economy moving again is to debase its currency, so [they] need another currency, namely gold.

New York Fed President William Dudley said loose monetary policy from the Federal Reserve was not the chief cause of the subprime mortgage crisis.

U.S. Rep. Charles Rangel, D-NY, has been found guilty of 11 ethics violations by a House Ethics Adjudicatory Subcommittee today, following about six hours of deliberations.

William Dudley, president of the New York Federal Reserve, downplayed the charge that the Federal Reserve is monetizing U.S. government debt. The Fed is accused of doing so because it is engaged in quantitative easing.

The Manhattan Supreme Court has dismissed a petition by Diandra Douglas, the former wife of Michael Douglas, putting to a halt to her bid of receiving a share of profit from the blockbuster movie sequel Wall Street: Money Never Sleeps.

Ford Motors has announced the list of cities, which shall receive the first all-electric passenger car Focus Electric, which debuts in late 2011.

The US Department of Energy has set up an expert committee to report on its activities in energy efficiency and renewables to the Energy Secretary.

American entrepreneur and renowned wine critic Mark Oldman has released his new book 'Brave New World of Wine' published by New York-based W.W.Norton & Company. Through this book, the author aims to inspire readers to drink bravely.

Jessica Simpson and Nick Lachey, former stars of reality show 'Newlyweds', are both getting married again; albeit to different people.

Tech websites are abuzz with talk about Google preparing to launch its own e-commerce site and upgrade its shopping services to emerge as a force to reckon with in the multi-billion dollar online shopping business.

The World Bank, through the MIGA, significantly expanded the eligible pool of projects it would guarantee for private foreign companies investing in projects in developing countries.