Financial news on July 1st, 2006
Business and Financial news
A customer recorded his phone call to America Online in an attempt to cancel his account. Read more..
DETROIT, June 30 — Carlos Ghosn has never recoiled from big challenges, and the auto industry has none bigger than fixing General Motors. Read more..
It was a week of "can you top this" deal making, not only on Wall Street and in London, but in the humbler settings of Omaha and Seattle. Read more..
The Cendant Corporation said it would sell its Travelport unit, which owns Orbitz, Cheaptickets and other travel services, for $4.3 billion in cash. Read more..
For the chronic loser, those street-vendor Rolexes and Cartiers will work just fine. Read more..
A drug maker can license what has come to be called an "authorized generic" of its drug once its patent is broken. Read more..
Chinese tourists traveling within China might be bunking in a Holiday Inn if the chief executive of the InterContinental Hotels Group has his way. Read more..
Call it price dropping: the annoying habit some people have of oh-so-casually letting you know how much they paid for that Weber grill. Read more..
The European Commission accused MasterCard of restrictive business practices in the European credit and debit card market. Read more..
Frederic S. Mishkin has been a prolific author of books and articles about central banking. Read more..