World News Center
Treasury prices swing wildly on double-dip fears
September 9, 2010As economic reports and expert opinions offer varying views on whether the country is headed for recovery or a double-dip recession, the bond market is moving at the slightest provocation.
Why the Gates Foundation aims to knock out polio
September 9, 2010Jeff Raikes worked with Bill Gates at Microsoft, most recently as president of the business division, for almost 29 years before joining the Bill & Melinda Gates Foundation as CEO in 2008. The last two years, he's worked building relationships with partners of the $33 billion foundation.
Stocks end higher after Obama speech
September 9, 2010Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.
Follow the smart money -- and the crowd
September 9, 2010Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Hurd could get $10M bonus from Oracle
September 9, 2010Oracle Corp. said Wednesday it will pay its new co-president, Mark Hurd, an annual salary of $950,000 and that he could receive a bonus of up to $10 million.
Boehner unveils his own plan to aid economy
September 9, 2010House Minority Leader John Boehner outlined a plan to bolster the economy on Wednesday, just ahead of President Obama's speech detailing a $350 billion plan to boost jobs.
Upgrade boosts BP stock
September 9, 2010BP's stock jumped Wednesday after Fitch upgraded the company's rating three notches.
BP to release investigation into oil rig disaster
September 9, 2010BP is on Wednesday expected to release findings of an internal investigation into the Gulf oil disaster, the oil giant said.
Stocks set to bounce back
September 9, 2010Stocks were poised to rebound Wednesday, as investors awaited an economic recovery proposal from President Obama and braced for the first batch of data this week.
Why carmakers aren't coming back anytime soon
September 9, 2010With the home stretch in sight, 2010 is shaping up to be a weaker U.S. auto market than predicted, probably closer to 11.5 million new-vehicle deliveries, rather than the 12 million that automakers and forecasters had figured - and hoped - would be sold.
