Latest Business Headlines - CBS News

Video: GM Turns To New Direction

Fri, 10 Jul 2009 20:37:43 EDT

General Motors has returned from a 40-day bankruptcy period with a new outlook towards the future. As Dean Reynolds reports, the company's leaders view this restart as a "second chance in life."

Big Tax Bill Looms For Jackson Estate

Fri, 10 Jul 2009 20:00:02 EDT

IRS Could Lay Claim to $80 Million or More of late Singer's Assets

Microsoft's Office Head Talks Google

Fri, 10 Jul 2009 14:30:04 EDT

CNET: Stephen Elop Believes Businesses Will Continue To Pay For Productivity Software

GM CEO: "Business As Usual Is Over"

Fri, 10 Jul 2009 21:30:04 EDT

Automaker Makes Quick Exit from Bankruptcy; CEO Says Company Will Repay Taxpayers Ahead of Deadline

Oil Prices Tank; Go Below $60 A Barrel

Fri, 10 Jul 2009 09:00:04 EDT

Investors Uneasy As Future Global Demand Unclear

Video: A Comeback For GM?

Fri, 10 Jul 2009 07:48:33 EDT

The road is all clear for General Motors to emerge from bankruptcy in record time. Sixty percent of the GM is now owned by the federal government. Dean Reynolds reports from Detroit, Michigan.

Stimulus On "Expected Path," Geithner Says

Fri, 10 Jul 2009 14:00:05 EDT

Treasury Secretary Tells Lawmakers Administration Making Progress in Economic Recovery

GM Unveils Post-Bankruptcy Plans

Fri, 10 Jul 2009 10:00:04 EDT

Troubled Automaker Announces Emergence From Chapter 11; Will Slash Executive Workforce Going Forward

AIG Seeks Clearance For More Bonuses

Sat, 11 Jul 2009 11:30:02 EDT

Washington Post: $2.4 Million in Executive Payments Due Next Week

Video: Couric's Financial Notebook

Thu, 09 Jul 2009 20:16:07 EDT

Katie Couric reports how the number of unemployed workers in the U.S. continues to increase while nationwide consumer spending continues to decrease.

Video: The Recession's Six Degrees

Thu, 09 Jul 2009 20:28:32 EDT

In the CBS series "Financial Family Tree," Seth Doane reports how seemingly unrelated companies, such as a rum cake manufacturer to a dolphin theme park, affect each other's profits.

Video: GM To Exit Bankruptcy

Thu, 09 Jul 2009 20:28:08 EDT

U.S. automaker General Motors is emerging from bankruptcy as a leaner company after five weeks of reorganizing. CBS News business correspondent Anthony Mason reports.

Sagging Sales, Even in a Beach Paradise

Thu, 09 Jul 2009 20:30:05 EDT

Financial Family Tree: Drop in Rum Cake Sales Affects Dive Industry, Swimwear

GM Gets Green Light to Exit Bankruptcy

Thu, 09 Jul 2009 20:30:06 EDT

Judge OK's Sale of Automaker's Assets; "New GM" will be Government-owned but Leaner and Greener

Madoff Won't Appeal 150-Year Sentence

Thu, 09 Jul 2009 13:30:03 EDT

Convicted Of Running Billion-Dollar Ponzi Scheme, Investor Accepts Ruling

New Jobless Claims Drop Sharply to 565K

Thu, 09 Jul 2009 11:00:01 EDT

New Claims Hit Lowest Mark Since January, but Continuing Claims Climb to New High of 6.88M

Rainy Days Dampen Retail Sales, Data Shows

Thu, 09 Jul 2009 09:00:06 EDT

Sharp Declines Reported As Consumers Refrain From Buying Summer Apparel

Video: Bottled H2O Backlash

Wed, 08 Jul 2009 19:59:54 EDT

Millions of Americans prefer bottled water over tap. But as Kelly Wallace reports, a new congressional report indicates there is little evidence as to what is actually inside those bottles.

Video: Kids' Ideas To Fix Recession

Wed, 08 Jul 2009 20:01:11 EDT

In the latest "Assignment America," Steve Hartman travels to Catskill, N.Y. to get a fresh perspective from some rather youthful sources on ways to solve the economic crisis.

Video: Second Stimulus In Question

Wed, 08 Jul 2009 19:42:13 EDT

The economic stimulus bill was constructed with jobs in mind. But since the president signed it, the nation has lost another 2 million jobs pushing up unemployment. Nancy Cordes reports.

Video: Speculators Driving Up Oil

Wed, 08 Jul 2009 19:39:19 EDT

Americans get whiplash trying to follow the price of gas these days. Many blame speculators who trade oil futures like stocks. Now there is a move in D.C. to rein them in. Armen Keteyian reports.

Swiss Block U.S. From UBS Files

Wed, 08 Jul 2009 14:00:12 EDT

Switzerland Won't Allow Bank to Transfer Data to U.S. for Tax Evasion Probe

Oscar Mayer, Ex-Top Dog at Meat Firm, Dies

Wed, 08 Jul 2009 13:00:10 EDT

Retired Chairman of Wisconsin-based Meat Processing Company Was 95

G8 Leaders: World Economy Still Needs Help

Wed, 08 Jul 2009 16:00:02 EDT

In Italy, Leaders Agree It's Too Soon to Roll Back Stimulus Plans, But Commit to Prepare Exit Plans

Democrats Ponder Second Stimulus

Wed, 08 Jul 2009 13:00:07 EDT

Washington Post: Economists say the Effects of Stimulus Have Not Yet Sunk In, but High Unemployment Rate has Many Wondering