Rising fuel costs indicate a recovering economy, but they also hurt businesses that are fuel intensive. AMR Corp's (NYSE: AMR ) American Airlines Inc. is not an exception. The company has been struggling amid the crisis and recent developments forced

GM shares tumble again - Chrysler sold to Fiat after encountering various obstacles- but Ford ( NYSE : F ) still hopes to be in the best possible position, under the circumstances.

Major stock market indexes rose on Thursday after seeing US retail sales going up for the first time in three months. May turned out to be a month of recovery which was largely influenced by rising gasoline prices. Together with

Generex Biotechnology Corporation (NASDAQ: GNBT ) recently announced that the company has extended its drug delivery system patents to 5 more countries. Generex has been working on the development of new ways to deliver pharmaceuticals through oral application. The new

Interpublic Group of Companies, Inc. (NYSE: IPG ) announced the closing of a $600 million debt financing on Monday. The amount was gathered through sale of 10% senior notes that are due 2017. Proceeds will be used to cover the

The yen had a day of massive gains versus the main high-yielding currencies as Asian stocks fell after speculations that a report may indicate a slowdown in U.S. industrial production, creating a risk aversion sentiment among traders.(...)Read the rest of

The pound posted losses versus the main currencies after a bearish day in the stock market followed by a rise in the United Kingdom unemployment figures, damping demand for the British currency.(...)Read the rest of Pound Drops After Rise in

After days of decline versus the dollar, the euro climbed against the greenback after the German economic sentiment rose at a level higher than expectations, creating speculations of a quick European economic recovery, spurring demand for the Eurozone currency.(...)Read the

The dollar posted slight losses against currencies like the Singaporean dollar and the yen after speculations that the Fed will not increase its interest rates this year eased the optimist outlook for the North American currency this Wednesday.(...)Read the rest