Person familiar with the talks says Treasury Department has reached a tentative agreement with four of Chrysler's major debtholders as the automaker races to stave off bankruptcy.
Amid fears of swine flu, Russia widened a ban on meat imports from Mexico and some U.S. states, prompting objections from the United States.
Annual inflation rate in Germany, Europe's biggest economy, edged up to 0.7 percent in April after hitting a 10-year low the previous month.
Marion, Ind., mayor has presented the city’s General Motors plant with a performance-based incentive plan that he hopes will protect it from new cutbacks.
Statistics Canada says claims for Employment Insurance in February jumped 18.6 percent, more than any month since comparable data began to be compiled in 1997.
GM will become a leaner, government-owned company if the Obama administration goes along with the automaker's plan to slash jobs, close plants, and drop Pontiac.
Labor Department official says two industries are the focus of new safety rules being proposed by the government in an effort to step up worker-safety regulations.
Automaker will cut 21,000 U.S. factory jobs by next year, phase out Pontiac brand and ask U.S. government to take company stock in exchange for half its government debt.
President promising major investment in research and development, with the goal of spending 3 percent of the nation's gross domestic product on scientific innovation.
Amid rising protectionism, European Union will officially launch negotiations with Canada on a free trade pact on May 6.
Automaker cleared two major hurdles in its quest for survival, reaching a concession agreement with United Auto Workers and a cost-cutting deal with Canadian Auto Workers.
Chief Executive Nardelli said Monday that management's No. 1 priority is to preserve Chrysler and the livelihoods of its 54,000 employees.
Chip maker will pay Broadcom $891 million over four years to settle a longstanding dispute over patents and royalties.
American business lobby appealed to Beijing to avoid protectionism and warned efforts to build up Chinese companies in domestic industries might shut out foreign competitors.
Japan's economy likely to shrink 3.3 percent this year, its worst contraction since World War II, the Cabinet said as exports and production continue to fall.
Fiat still wants to pursue an alliance with Chrysler even if the U.S. automaker is forced to file Chapter 11 bankruptcy protection, a source said Monday.
With Chrysler appearing increasingly likely to seek bankruptcy protection, members of Congress are calling for an orderly process that saves the company from liquidation.
Treasury Department said it lent the additional money to GM to provide working capital as the automaker tries to restructure and avoid bankruptcy court.
Head of Fiat Group said he was "astounded" by remarks from European Union's industry commissioner expressing skepticism about the Italian automaker's ability to afford acquisitions.
Wall Street Journal reported Coca-Cola and the Chinese fruit juice maker were in talks again for a smaller deal, which could be more appealing to regulators.
Commerce Department said Friday that orders for big-ticket manufactured goods dropped 0.8 percent in March, about half the decline that economists expected.
Team of German officials trying to glean U.S. government plans for General Motors amid reports Fiat is in talks to buy GM's European operations, which includes Germany's Opel.
Business leaders from the Group of Eight nations wrapped up their two-day meeting after adopting a statement opposing trade protectionism and any move to raise tariffs on imports.
Chief exec of heavy equipment maker reiterated his support of China's plans to get money into the global economy faster than President Obama's $787 stimulus package.