Search results for

General Motors reported a loss of $722 million for the last three months of 2007. Still, that was better than many analysts expected, and GM shares rose slightly as trading opened. GM also announced an expanded buyout program for UAW members. But what might happen to GM this year — as the U.S. economy slows?

A deposition from baseball player Andy Pettitte read Wednesday on Capitol Hill contradicts Clemens' denial that he used performance-enhancing drugs. His trainer's testimony also provoked skepticism.

President Biden's Inflation Reduction Act invests $369 billion to address the climate crisis. But as the president focuses on the law's economic benefits, is his climate win getting lost?

Former Massachusetts Governor Mitt Romney dropped out of the presidential race Thursday. It was a rare defeat for an otherwise successful businessman, politician and Olympic Games chairman.

Yahoo is rejecting an unsolicited $44.6 billion offer from Microsoft. But it remains to be seen whether Yahoo shareholders will support a management decision to snub the software giant's bid.

Del. Eleanor Holmes-Norton (D-D.C.) discusses the upcoming primaries in Washington, D.C., and neighboring Maryland and Virginia. The so-called Potomac primaries are set for Tuesday. Holmes-Norton also explains concerns about the role of superdelegates at the Democratic convention.

The Bush Administration is promoting another plan to help homeowners avoid foreclosure. It would expand voluntary efforts by major banks to modify loan terms for struggling borrowers. But housing advocates doubt the move will keep a large number of people in their homes.

Fidel Castro announced his resignation overnight in a letter online. The news won't be a shock to many Cubans, who are used to the idea that he is about to retire. The dictator has been sidelined due to illness for the past 18 months. The BBC's Cuba correspondent, Michael Voss, talks about the news.

Republican presidential candidate John McCain held a press conference Thursday to respond to accusations that he favored certain lobbyists. Don Gonyea was at the press conference in Toledo, Ohio, and talks with Madeleine Brand.

Protesters in Serbia's capital, Belgrade, broke into the U.S. Embassy on Thursday and set some rooms on fire. The rioters were part of larger protests among Serbian nationalists opposed to the independence of Kosovo. A charred body was later found inside.