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- New General Motors about to roll off assembly line DETROIT (AP) -- The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too. Once the world's largest and most powerful automaker, the troubled company was expected to emerge from bankruptcy protection by early Friday cleansed of massive debt and burdensome contracts that would have sunk it without federal loans....
- SEC to call for Calif. IOUs treated as securities WASHINGTON (AP) -- The recipients of billions of dollars in IOUs being issued by California soon may have a regulated market where they could sell them....
- Jobless claims indicate economy remains weak WASHINGTON (AP) -- Even though new claims for jobless benefits fell more than expected last week, dipping below 600,000 for the first time since early January, the number of Americans seeking this safety net points to an economy that is still very weak....
- Gains in financials, technology stocks lift market NEW YORK (AP) -- Investors are finding some appetite for risk after a jittery week....
- For lease: Office with river views, Madoff stigma NEW YORK (AP) -- Behind unmarked doors on the 17th floor of a red granite high-rise known as the Lipstick Building, FBI agents still labor to unravel a case like no other....
- Citigroup shuffles executives, former CFO leaving NEW YORK (AP) -- Citigroup Inc. shuffled its top management again Thursday, naming its third chief financial officer of the year and bringing in a new head of its Citibank division as it returns its focus to traditional banking....
- Sprint Nextel signs networking deal with Ericsson KANSAS CITY, Mo. (AP) -- Sprint Nextel Corp. on Thursday announced it will transfer operation of its wireless and wireline networks to Swedish telecommunications equipment maker LM Ericsson....
- Oil wavers near $60 as consumers scale back NEW YORK (AP) -- Oil prices wavered around $60 per barrel Thursday with new consumer and employment data casting a pall over energy markets, but still rose slightly at the close for the first time in more than a week....
- GM, Chrysler fight reopening of closed dealerships WASHINGTON (AP) -- General Motors and Chrysler urged lawmakers Thursday to block legislation that would prevent them from consolidating their dealership networks, warning it would complicate their emergence from government-led bankruptcies....
- World leaders vow to restart stalled trade talks L'AQUILA, Italy (AP) -- Leaders of the exclusive club of eight industrialized leaders plus five of the fastest developing nations are calling for open markets and a battle against protectionism as the answer to the world's economic meltdown....
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