Harold Maass of The Week The Best of Today's Business

Housing Tea Leaves, California Dealing

2008-08-18 08:08:03

The housing market slump leaves more marks in Britain and the U.S. Japan's largest bank completes the takeover of a California lender. And AC/DC makes a deal with an unlikely music giant. ...Read full article

China's Global Assist, Merrill's U.K. Tax Holiday

2008-08-15 07:57:48

China will probably save us from a global recession. Merrill Lynch has found a way to avoid paying British taxes for up to 60 years. And Ed McMahon gets a helping hand from The Donald. ...Read full article

Corporate Melting Pot, Bargainer's Sweet Spot

2008-08-14 08:02:36

As share prices hang low, the corporate buyout market is riding high. Wal-Mart reaps the rewards of consumer bargain shopping. And Michael Phelps is becoming worth his weight in gold. ...Read full article

Securities Go Nowhere, CVS Moves West

2008-08-13 08:01:35

The broken securitization system is clogging up the credit market. CVS buys California-based Longs Drug Stores. And Facebook gets ahead with a little help from its friends abroad. ...Read full article

Wall Street's Job Shuffle, UBS's Millionaire Problem

2008-08-12 08:03:38

Wall Street job cuts are welcomed by at least some in the financial-services industry. UBS posts another loss on new writedowns and an exit of private wealth. And Chrysler is pushing longer weekends. ...Read full article

NBC's Olympic Gold, UPS's Dutch Tryout

2008-08-11 08:01:25

China's stock market doesn't get a boost for the Olympics, but NBC does. UPS is in preliminary talks to buy Dutch rival TNT. And Batman wins again. ...Read full article

Taking Retails' Stock, Turning RBS Red

2008-08-08 08:09:11

Retailers are cutting inventories, which is cutting into sales. RBS posts its first loss in 40 years, but beats expectations. And if you're looking to cash in those frequent flier miles, start planning your trip soon. ...Read full article

Chrysler Shifts Gears, AIG Skids Out

2008-08-07 08:00:20

Chrysler is in talks to sell a midsize sedan made by Nissan. AIG posts a $5.36 billion quarterly loss. And bankers' fat bonus checks could be a little bit lighter this year. ...Read full article

Woeful Winter, Freddie's Fall

2008-08-06 08:04:16

Gas is lower, but heating oil will make for an uncomfortable winter. Freddie Mac posts its fourth straight loss. And Morgan Stanley is pulling in the home equity credit lines. ...Read full article

Chinese Health, French Societe

2008-08-05 08:05:34

China's slowing growth is good for global inflation but bad for global growth. Societe Generale posts a shallower-than-forecast drop in quarterly profit. And Jet Blue is making comfort a consumer choice. ...Read full article

Murdoch in India, European Banks' Bad Bets

2008-08-04 08:05:33

Rupert Murdoch's STAR and Dow Jones businesses expand in India. HSBC and Fortis see reduced profits on failed U.S. mortgage bets. And Batman battles The Mummy, and wins. ...Read full article

Nuclear Deal Implosion, Auto Wreck

2008-08-01 08:03:14

British investors scuttle a French takeover of Britain's largest nuclear energy provider. GM posts a massive loss on weak U.S. sales, but it isn't the only automaker hurting. And housing woes are keeping people living up north. ...Read full article

Beer Bulls, Deutsche Debits

2008-07-31 07:46:41

Beer is on the rise, if only slightly. Deutsche Bank writes down another $3.6 billion in assets, pushing its total bill from the financial crisis above $11 billion. And in China, the Olympics are mightier than the factory. ...Read full article

Bankruptcy Boom, Red-Hot Steel

2008-07-30 07:59:50

Billion-dollar-plus bankruptcies are on the rise. Steel giant ArcelorMittal's higher prices are handily trumping rising costs. And the centuries-old tradition of the company doctor is making a comeback. ...Read full article

Emirates Take Flight, Merrill Cleans House

2008-07-29 07:44:32

Middle Eastern airlines are stepping up as other global airlines falter. Merrill Lynch is selling new shares and unloading toxic CDOs. And Starbucks is bailing out from down under. ...Read full article

• Top News & Opinion
• Today's Business
• Best of Arts & Leisure
• People & Gossip
• Political Cartoons