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About 3,600 workers at American Axle and Manufacturing Holdings Inc. will find out soon whether a new contract was worth 80 days without a company paycheck.
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Responding to congressional pressure, the Bush administration on Friday said it is suspending oil deliveries into the government's Strategic Petroleum Reserve for the remainder of the year.
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A winery spokeswoman says California winemaking patriarch Robert Mondavi has died. He was 94.
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Starbucks Corp. has a new more revealing logo of its trademark mermaid. The logo has drawn a mized response, and at least one group has called for a boycott.
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Treasury Secretary Henry Paulson said Friday that financial markets are “considerably calmer” now than they were two months ago.
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Billionaire investor Carl Icahn, who is seeking to oust Yahoo's board of directors in a proxy battle, is a formidable foe who has brought down many corporate CEOs.
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Indian mobile firm Bharti Telecom is in talks about buying South Africa's MTN, reports say.
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General Motors Corp. is considering launching its Chevrolet brand in South Korea to capture a larger share of the country's growing market for imported cars, a company executive said Friday.
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Fannie Mae says it is doing away with higher minimum downpayment requirements for borrowers in distressed real estate markets.
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Consumer sentiment tumbled to its lowest level in 28 years this month, a survey showed on Friday, as short-term inflation expectations hit their highest since the stagflationary early 1980s.
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