Business
- Bankruptcy judge OKs GM sale plan NEW YORK (AP) -- A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the way for the automaker to quickly emerge from bankruptcy protection....
- Asian stocks mixed as investors await profits HONG KONG (AP) -- Asian stocks were narrowly mixed Monday, undermined by investor anxiety that company earnings will reflect a weaker global economy than originally hoped....
- Oil plunges below $65 on fears recovery may lag SINGAPORE (AP) -- Oil prices plunged below $65 a barrel Monday in Asia as dismal unemployment figures from the U.S. and Europe last week sparked investor concern about a nascent economic recovery....
- Investors' focus shifts to 2Q earnings reports NEW YORK (AP) -- Investors, whose optimism was recently shaken by surprisingly weak economic data, are now hoping companies can provide some clues about a recovery....
- Harvard pres.: School has tough choices in decline CAMBRIDGE, Mass. (AP) -- Drew Gilpin Faust started as Harvard's president when the university's prosperity seemed limitless. With its ballooning wealth, Harvard planned almost frenzied growth, from a building boom into Boston to vast increases in student financial aid....
- In Philly schools, most students get a free lunch PHILADELPHIA (AP) -- For students at Thurgood Marshall Elementary School, there IS such a thing as a free lunch - and a free breakfast, too. With no strings attached....
- Bankruptcies low in states that don't seize wages States that allow debt collectors to seize consumers' wages have sharply higher bankruptcy rates than neighboring states that prohibit or strictly limit the practice, an Associated Press analysis has found....
- Chrysler names remaining directors to new board AUBURN HILLS, Mich. (AP) -- Chrysler Group LLC on Sunday announced the remaining members of its new board of directors, a group that includes a former CEO of Northwest Airlines, investment bankers and top officials of the Italian automaker Fiat Group SpA....
- Submarine detects signal from Yemenia black boxes PARIS (AP) -- A submarine scouring the Indian Ocean on Sunday detected the signal beacons of the two black boxes from a Yemenia Airways flight that crashed off the Comoros Islands, the French aviation agency said....
- As retailers cut back cities confront 'ghostboxes' BISMARCK, N.D. (AP) -- Hundreds of anxious shoppers watched as city officials used power saws to cut 2-by-4s during Home Depot Inc.'s ribbon-cutting ceremony for its 102,700-square-foot building center in Bismarck. Less than three years later, the home improvement retailer shuttered the underperforming store, leaving a big orange empty eyesore on the outskirts of town....