We asked you to vote on the big winners and losers of 2009. In the results of our poll—100,000 votes were cast—there were a few close votes, some decidedly one-sided ones and a couple surprise outcomes. And, there were a handful of big losers and big winners.
Stocks kicked off December with a rally Tuesday as fears about the Dubai situation subsided but pared their gains after a lower-than-expected reading on manufacturing.
Tuesday starts with a positive outlook for stocks, helped by retreating fears over Dubai World's debt restructuring plans as well as new easing moves overnight by the Bank of Japan.
Geely, the Chinese carmaker tagged as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said.
Monday, 30 Nov 2009 | Source: The Associated Press
At Kevin Haner's construction company in Las Vegas, three of the four Dodge Ram pickup trucks are starting to get a little old. He may replace one if he gets a great deal, but he'll keep running the others until he's convinced that the housing slump has ended.
Monday, 30 Nov 2009 | Source: The Associated Press
Big businesses are spending serious time and money trying to limit the swine flu pandemic's impact on operations, from bankrolling video on good hygiene to training employees to cover for co-workers with critical jobs.
Friday, 27 Nov 2009 | Source: The Associated Press
India's Tata Motors said Friday that it swung to profitability on a consolidated basis for the September quarter after months of deep losses, thanks to aggressive cost-cutting and reviving sales of its Jaguar and Land Rover brands in the United Kingdom.
Wednesday, 25 Nov 2009 | Source: The Associated Press
Ford Motor Co. said Wednesday it will raise its prices in the U.K. for the second time this year because of the weakness of the British currency against the euro.
Wednesday, 25 Nov 2009 | Source: The Associated Press
The Chinese automaker that had joined with Koenigsegg Automotive AB in bidding to buy Saab said Wednesday it regrets the Swedish luxury sports car maker's decision to drop the deal and will reconsider its own stance.
Tuesday, 24 Nov 2009 | Source: The Associated Press
Ford Motor Co. said Thursday it has extended the maturity dates on most of its $10.7 billion revolving line of credit for two years, preserving cash to use for its turnaround efforts.
Ford Motor and General Motors will each take step big steps forward , but Chrysler is in for a tough year as it tries to buy time by pedaling old models.... Read More
U.S. stocks are on track to close November with their best monthly performance since July 2009, as investors' optimism for an economic recovery continues to push some of the major market averages to their best level this year.... Read More