Creator
Andrew Clark
Guest Author
‘Predatory’ card fees shackled
Financial services reform in the US includes a ban on punitive charges for credit card infractions.
Cuba takes another step in from the cold
The Cuban government has begun releasing jailed dissidents in a political concession brokered by the Catholic Church.
BP will ‘pay’ for oil slick damage, says Obama
Barack Obama has warned that BP will ‘pay’ for the environmental damage caused by the oil slick in the Gulf of Mexico.
Lehman’s illegal gimmicks
The bank gave credit agencies a false picture of its value ahead of the sale, writes Andrew Clark
Ron Gettelfinger: The man who conquered Detroit
After a catastrophic year for US carmakers, the head of the United Auto Workers union has emerged as one of the most powerful men in the industry.
Electric cars struggle to spark enthusiasm
Big carmakers at the Detroit Motor Show had electrically powered and hybrid cars on display, but Americans still aren’t buying green vehicles.
Obama and banking chiefs face off at summit
The heads of leading banks in the US were summoned to the White House this week for a "frank and candid" discussion with President Barack Obama.
Back on the gravy train
Wall Street bank has recovered from the credit crunch and may pay bonuses of $900 000 this year, reports Andrew Clark.
Madoff’s victims want his accomplices charged
The subject of the greatest popular vitriol is Madoff’s wife, Ruth, who still lives in the couple’s $7-million penthouse on New York’s Upper East Side
Sun-Times files for bankruptcy
The rump of Conrad Black’s former newspaper empire, Sun-Times Media, filed for bankruptcy protection recently.
The biggest challenge yet
The Obama administration says the US’s financial system runs the risk of collapse, write Andrew Clark and Ewen MacAskill.
Lifeline may be too late
Chrysler’s position is widely considered to be the most perilous of Detroit’s "big three" manufacturers.
Motor city running on empty
Property markets on both sides of the Atlantic have plunged, but nowhere has the collapse been more spectacular than in Detroit.
Execs ease woes with lavish retreat
The world’s largest insurance company spent $440 000 on a corporate retreat days after accepting a $85-billion emergency government loan.
Making up the losses
Emergency rescue plan to go back to the House of Representatives.