The worst-stalled car sales in 15 years are punishing automakers across the globe, spreading billions in new red ink to Detroit, Japan and Europe. As Washington s bailouts rescued General Motors and Chrysler from the precipice of bankruptcy, the...

If eBay s legendary queen Meg Whitman flexes her muscles to replace Arnold Schwarzenegger as California s governor, she ll be giving up control of a huge fortune. She ll also suffer a big pay cut - but it s a cheap price for getting closer to...

The New York Times is shopping ad space on its once sacred front page for $75,000 on weekdays and $100,000 on Sundays, according to several ad buyers who asked to remain unnamed. The Gray Lady finally made the decision to break with longstanding...

First Lady Laura Bush snagged a seven-figure deal to write her life story for the Scribner imprint of Simon & Schuster. Bush is said to have received an advance of $1.6 million, according to one well-placed publishing source - although another...

THIS year you should worry about bonds. You say you don t own any. Well, that doesn t really matter because if the bond market is in a bubble - like I think it is - and it bursts, then the whole economy is going to suffer even greater pain...

The New Year is poised to claim its first big victim in retail. Goody s Family Clothing - a 55-year-old retailer that operates 287 discount stores across the Southeast - is going out of business for good, sources told The Post. Following a...

Now it s a hormonal imbalance that is responsible for Apple CEO Steve Jobs incredibly shrinking frame. Yesterday s bombshell letter from the famously reclusive CEO - coming on the eve of the widely watched annual Macworld conference - is at...

Borders Group ousted CEO George Jones and other top executives, as the struggling book retailer sounded urgent notes about its financial position. Jones was "a good retailer, but he just wasn t a turnaround guy," according to one source close to...

Financier Ronald Perelman asked a Florida court to reopen an almost $1.6 billion case against Morgan Stanley over the sale of Coleman Co. to one of the investment bank s clients. Perelman, who controls cosmetics maker Revlon Inc., wants the state...

DEUTSCHE Bank has given up on trying to sell two big office towers formerly owned by Harry and Billy Macklowe as a package and instead plans to unload just one of them for the time being. Sources said a deal is looming to sell the office portion...

Fewer Europeans will go to the polls in 2009THE European Union is in little danger of being mistaken for a vibrant democracy. A reputation for deals forged in backrooms and the failure to ratify the Lisbon Treaty, which would have conferred greater powers on the EU parliament, are all likely to dissuade too many of the half a billion EU citizens from turning out for parliamentary elections in 2009. Since direct elections began in 1979, at five-yearly intervals, turnout has fallen each time, to 46% in 2004. This hides lower turnout in countries such as Britain, and truly appalling statistics in some new member states which joined in 2004. ...

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This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.