News : AFRICA : Business, Economics & Finance

News : AFRICA : Business, Economics & Finance
News : Business, Economics & Finance


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BUSINESS, ECONOMICS & FINANCE IN AFRICA

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As it nears 100, GM faces a rough road ahead

As it nears 100, GM faces a rough road ahead

In his 43 years as a General Motors Corp. factory worker, Roger Ezell has seen recessions, gasoline price spikes, sales slumps and multibillion dollar losses.


Parkland man gets 29 years for killing girlfriend

TACOMA, Wash. (AP) -- A murder case in which a man was shuttled back and forth between court in Tacoma and a mental hospital has ended in a guilty plea....

Man gets 40 years for killing Fort Lewis soldier

TACOMA, Wash. (AP) -- A man has been sentenced to nearly four decades in prison for the shooting death of a Fort Lewis soldier....

Greenspan: No easy answer for fixing Lehman

Greenspan: No easy answer for fixing Lehman

Without offering a recommendation, former Federal Reserve Chairman Alan Greenspan said Sunday the government faces tough choices as it tries to help arrange a rescue of Lehman Brothers without using public money.


Walgreen offers $2.8 billion to buy Longs

Walgreen Co. made an offer late Friday to buy Longs Drug Stores Corp. for $2.8 billion, hoping to unseat a rival offer from CVS Caremark Corp. that Longs had already accepted.

Fannie, Freddie weren't reined-in

Fannie, Freddie weren't reined-in

As policymakers now set out to decide what role government, and Fannie Mae and Freddie Mac, should play in the mortgage business, the failures of the past two decades offer a cautionary tale.


American cars getting slimmer, more efficient

American cars getting slimmer, more efficient

Auto industry experts as gas prices stay high, the industry is shifting toward rechargeable electric vehicles or even cars powered by hydrogen fuel cells.


Frugal habits likely won’t change as oil falls

The worst oil shock since the 1970s has put a permanent mark on the American way of life that even a drop in oil's price below $100 a barrel won't erase.

Fannie, Freddie weren't reigned-in

Fannie, Freddie weren't reigned-in

As policymakers now set out to decide what role government, and Fannie Mae and Freddie Mac, should play in the mortgage business, the failures of the past two decades offer a cautionary tale.


Tentative deal reached with state workers union

OLYMPIA, Wash. (AP) -- Tentative agreement has been reached on a two-year contract that would provide 2 percent average pay raises for workers represented by Washington's largest state employee union....

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