United States of America Business News

General Motors Co 's (GM.UL) chief executive, Fritz Henderson, abruptly resigned on Tuesday, after the company's board decided it wanted to chart a new course for the restructuring automaker. Henderson was asked by the board to step down at a...

David Gardner's top pick took an epic run of 1,334%! Many companies use stock buybacks to boost share prices and get rid of excess cash. But buybacks don't always work out well for companies or their shareholders. HPQ ) recently...

David Gardner's top pick took an epic run of 1,334%! ABT ) is playing it safe with another cholesterol drug, TriCor...Abbott claims that patents on the drug don't expire until 2023, but it'll let Teva launch a generic version of...

What's most striking in the long-suppressed files on pedophile Roman Catholic priests is the arrogance of the Diocese of Bridgeport hierarchy, including the late Bishop Walter W...Egan, according to survivors of sexual abuse and critics within the church.

The Clark County Commission has approved a series of rate hikes that will cause most Las Vegas Valley Water District customers' monthly bills to go up by $3 to $4 in 2010. More News The commission approved the hikes Tuesday...

Wyo. — The Wyoming Secretary of State's Office has ordered Merrill Lynch to pay a fine for allegedly misleading investors about the auction rate securities market. Secretary of State Max Maxfield said Monday that a multistate task force negotiated a...

North Carolina owes nearly $1.5 billion to the federal government to pay unemployment claims and that number continues to rise. The News & Observer of Raleigh reported today that the state has borrowed money for the claims since February, sometimes...

Dubai World may be teetering on the brink but one of the firm's key investment projects will roar to life in Las Vegas this week as a glittering 8.5-billion-dollar development is unveiled. Even by the over-the-top standards that have made...

The International Council of Shopping Centers trimmed its November sales growth forecast on Tuesday as shoppers are falling behind in their holiday buying compared with a year ago...November sales at stores open at least a year — a key industry...

Financier David Hernandez, accused of swindling investors of $3.5 million in an investment scheme that bankrolled a now defunct Internet radio station, is expected to change his plea to guilty, his attorney, John Meyer, said Tuesday. Hernandez pleaded not guilty...