The euro-region's defenses have been breached. Today, investors propelled Italy's 10-year bond yield to a close at a euro-era of 7.25 percent after the promised…
While leading European lenders in a government-debt flight that threatens to exacerbate the region's crisis, BNP Paribas SA and Commerzbank (CBK) are unloading sovereign bonds…
Trelleborg Sealing Solutions is shutting down its aerospace parts plant in Somersworth, New Hampshire, laying off 91 workers. The plant, which opened in 1961, will…
Chrysler, the third-largest US automaker, wants $2 billion more in federal aid to successfully restructure, pushing its total request to $9 billion. Chrysler also plans…
Today Fiat and Chrysler released corporate statements confirming that over the longer term, in exchange for a 35% equity stake in Chrysler, Fiat will provide…