Business torrents

REYKJAVIK - Iceland marked the 90th anniversary of its autonomy on Monday with its economy in ruins, its confidence fading fast and its future […]

BONN–Deutsche Post AG is poised to announce thousands of job cuts at its DHL Express operations in the United States, possibly as early as […]

NEW YORK – Billions of federal bailout dollars are flooding the financial system, credit markets are loosening and many banks say they are ready to […]

CALGARY–Suncor Energy Inc. has cut its capital spending target for 2009 by more than one-third to $6 billion.
Sixty per cent of the total […]

PARIS – European governments overcame their differences to put $2.3 trillion (U.S.) on the line Monday in guarantees and other emergency measures to save […]

The world’s top mobile phone maker Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz) warned it would lose market share this quarter as it refused […]

Thousands of motorcyclists from across the country and around the world took part Saturday morning in a parade through the streets of Milwaukee as Harley-Davidson […]

Ford Motor Co. said Friday it will sell $500 million in common stock to pay off debt at its financing arm, according to a […]

New Zealand's economy probably contracted in the second quarter, pushing the nation into its first recession in 10 years, according to the Treasury Department. […]

Texas oilman T. Boone Pickens told Congress Tuesday that the government must act quickly to curb the nation’s dependence on foreign oil.
"Our country is […]