McDonald's COO Alvarez to retire, cites health
) Chief Operating Officer Ralph Alvarez, who was widely believed to be in line for the fast-food chain's top job, will retire on December 31 due to health reasons, the company said on Tuesday.

< ...[more]
Breaking Views: Dubai confusion

The sovereign finances of Dubai are no cause for alarm. Debt stands at a moderate 40 percent of GDP and the fiscal deficit in 2009 should only be 1.8 percent of GDP, according to an October pr ...[more]

Energizer is going, going, almost gone from CVS
) has found a way to stop the Energizer bunny. It will discontinue sales of the company's alkaline batteries early next year.

The national drug store chain will still offer customers ...[more]

GM CEO Henderson was dismissed by board: source

GM Chairman Ed Whitacre will become interim chief executive as the automaker begins an immediate search for a replacement.

Henderson, a career GM executive, became CEO eight months ago ...[more]

Fed's Plosser says policy must be preemptive

Philadelphia Federal Reserve Bank President Charles Plosser said he has become more confident in the sustainability of the U.S. economic recovery even once government stimulus fades, and stres ...[more]

Bernanke to defend his record and the Fed's

After a devastating financial crisis and deep recession that eliminated 7.3 million U.S. jobs and cost taxpayers hundreds of billions of dollars to bail out banks and financial firms, politica ...[more]

INSTANT VIEW: GM CEO Fritz Henderson steps down

The following are comments from analysts and other market sources on the change at the top at the largest U.S. automaker.

Webcast of press conference:

COMMENTS

STEPHEN ...[more]

U.S. credit card offers pick up for select few

"We have seen almost the entire mailbox skew toward prime and superprime consumers," said Andrew Davidson, senior vice president of research company Mintel Comperemedia.

Credit card pr ...[more]

U.S. auto sales edge up, led by Hyundai boom

Hyundai posted a 46 percent gain in sales for November and said it was on track to take a 4 percent share of the U.S. auto market this year, up by a third at a time when the rest of the indust ...[more]

Energizer is going, going, almost gone from CVS
) has found a way to stop the Energizer bunny. It will discontinue sales of the company's alkaline batteries early next year.

The national drug store chain will still offer customers ...[more]

Manufacturing grows again, but recovery fragile

Signs the housing market was bouncing back in October were also tempered by a flat reading for construction spending for that month in other data reported on Tuesday.

The Institute fo ...[more]

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