Reuters
- 2 hours ago
LONDON (Reuters) - Prudential (PRU.L) has entered talks to cut its $35.5 billion offer for AIG's (AIG.N) Asian life insurance arm in a last-ditch bid to salvage a deal criticized by shareholders as too expensive.
Wall Street Journal
- 3 hours ago
By JEFF BENNETT DETROIT�Ford Motor Co.'s sales analyst on Friday said the US auto industry will continue its current pace and finish May on track for an annual sales rate of slightly more than 11 million new cars and trucks.
Wall Street Journal
- 11 hours ago
By TING-I TSAI TAIPEI - Hon Hai Precision Industry Co. has decided to increase wages for its factory workers in China by an average of 20%, but the manufacturing giant emphasized the raise isn't related to a recent spate of employee suicides.
BusinessWeek
- 1 hour ago
By Mary Childs and Ben Levisohn May 29 (Bloomberg) -- The euro declined, headed for a sixth monthly loss against the dollar, amid concerns European measures to reduce fiscal deficits and contain the region's sovereign debt crisis will undermine the ...
New York Times
- 5 hours ago
By KEITH BRADSHER FOSHAN, China - In going on strike at a transmission factory, workers here have Honda by the jugular, although it was not entirely clear at the employees' dormitory on Friday that they realized this.