Archive for June 10th, 2008

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As part of a green marketing bid, automotive giant General Motors plans to unveil a lighthearted television ad that begins "Dear Oil," and proceeds to suggest a cooling off of its "relationship" with petroleum products.

Brian Tierney was pretty cocky when he and a group of investors bought the Philadelphia Inquirer and its sister, the tabloid Daily News, for $515 million two years ago. The former public relations magnate vowed to boost circulation and revenue at the papers.

When Lehman Brothers reported a stunning $2.8 billion loss Monday, it was just the latest sign that bad mortgage loans continue to be a problem for the financial markets and the economy.

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Will a collection of hedge funds, carefully selected by experts, return more to investors over the next 10 years than the S&P 500?

AT&T's iPhone price drop lowers the boom on its wireless rivals.

Stocks were mixed Tuesday afternoon, near the end of a choppy session, as investors welcomed a retreat in oil prices, but also saw it as a reason to bail out of Exxon and other energy stocks.

Lehman Brothers yesterday aimed to soothe a frazzled market by announcing a big capital injection, a shrinking balance sheet and improved transparency.