American International Group is preparing to pay next week millions of dollars more in bonuses to dozens of corporate executives, a source familiar with the development said.

With numerous media moguls, CEOs and political figures gathering in Sun Valley, Idaho, to discuss media, technology, the economy and deal-making at the annual Allen & Company media conference, CNBC sat down to interview several executives:

Retailers were posting disappointing monthly sales Thursday as consumers curbed spending amid higher gasoline prices and rising unemployment.

Las Vegas Sands, the world's largest casino firm, wants to raise $3-$4 billion and is considering several options including an IPO of its Macau assets in Hong Kong, Chairman and CEO Sheldon Adelson tells CNBC.

U.S. auto parts maker Lear Corp filed for Chapter 11 bankruptcy protection on Tuesday, a day after setting out plans to restructure its $3.6 billion debt burden under a proposed deal with creditors.

Timber giant Weyerhaeuser, which has been losing money because of the moribund U.S. housing market, is cutting its quarterly dividend to 5 cents from 25 cents

U.S. auto parts maker Lear filed for Chapter 11 bankruptcy protection on Tuesday, a day after setting out plans to restructure its $3.6 billion debt burden under a proposed deal with creditors.

U.S. manufacturers have taken a beating in the current downturn. Outside of housing and finance, it is hard to think of an industry that has suffered more.

Crabtree & Evelyn, a specialty retailer known for its soaps and other personal care products, filed for Chapter 11 bankruptcy as the tough economy led to falling sales and rising losses.

Bank of America's primary investment management unit is drawing lower than expected bids after its likeliest suitor, BlackRock, inked a blockbuster deal to buy Barclays Global Investor, the Financial Times reported, citing people close to the matter.

Gannett, which owns top-selling newspaper USA Today, is laying off more than 1,000 staff to try and combat persistent declines in revenue, the Wall Street Journal reported on Tuesday.

American International Group got a new slate of government-backed directors at a subdued annual meeting Tuesday, effectively revamping its board after the insurer's $180 billion taxpayer bailout.

A unit of Johnson & Johnson said Monday that a federal jury has ordered Abbott Laboratories to pay $1.67 billion in a patent infringement suit over the companies' rheumatoid arthritis drugs.

Michigan has snatched back a few of its fast-disappearing auto jobs, winning a high-stakes competition with two other states to build General Motors' next-generation subcompact car.

A bankruptcy judge ruled Thursday that General Motors can have access to its full $33.3 billion in bankruptcy financing.