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Receiver in Stanford case wants $27 million

The attorney appointed to clean up what the government says was Texas businessman R. Allen Stanford’s multibillion-dollar Ponzi scheme is managing to anger all involved in the case.

Newsweek: Should Citi pay a $100 million bonus?


U.S. consumers’ mood darkens in Aug.: survey

U.S. consumer confidence fell in early August as a growing number of Americans fretted about their finances even though they expected the broader economy to improve.

Industrial production rises more than expected

Production from America’s factories, mines and utilities rose more than expected in July, with the first gain in nine months driven by increased output from auto companies.

Penney raises profit outlook, sees sluggish sales

J.C. Penney Co. roughly broke even in the second quarter, just topping Wall Street expectations as the department store chain benefits from cost-cutting moves.

Looking for a cheap car? Try one of these

There are plenty of fuel-sipping cars available today that are cheap to drive off the lot  and even cheaper to drive over the long term.

Republic wins bid for Frontier, beats SWA

Republic Airways won the bankruptcy court auction for Frontier Airlines, buying the Denver-based carrier for almost $108.8 million after rival Southwest’s bid was rejected.

Consumers get more flexibility on clunkers plan

Car shoppers running into shortages of certain vehicles at dealerships will still be able to use the Cash for Clunkers program to reserve the car of their choice, the Obama administration said.

Some clunker cash buying not-so-green vehicles

Are Americans using the Cash for Clunkers program to dump their gas guzzlers for fuel sipping vehicles? Sometimes yes, sometimes no.

Clunkers prompt Ford to boost production

Ford said Thursday it will build more of its popular Focus and Escape models and boost overall production of cars and trucks this year to help dealers restock depleted showrooms.

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