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The Swampby Frank James Vikram Pandit, Citigroup's chief executive officer, is really, really sorry his company was going to buy that French-made private jet and it won't happen again. Pandit told lawmakers at a House hearing today: Mr. Chairman, the......
Angela King and Associated PressWASHINGTON (AP) - Some of the nation's biggest banks don't have enough money to survive a deep recession. That's what the preliminary findings from the Treasury Department "stress tests" show. The official report will be released Thursday afternoon....
STAFF WRITERSThe Jets are expected Thursday to win MTA approval to build a West Side stadium, according to a key authority board member, but the team still faces steep obstacles before its long-awaited home field rises along the Hudson River. Legal and political...
Bloomberg NewsNEW YORK - WorldCom Inc. documents showing the company's declining finances and the testimony of former chief executive Bernard J. Ebbers that he saw them are what sealed his conviction, not star witness Scott D. Sullivan, a juror said yesterday. Zina...
The Wall Street JournalRobert Hall has been puzzling over a thorny question for nearly a year: What do you call an economy that has started expanding again but keeps destroying jobs? Hall, an economist, heads a committee at the National Bureau of Economic Research, an academic...
Tribune staff reporterUnited Airlines, whose internecine worker-management strife contributed to its downfall, now finds that its beleaguered unions will play a significant role in shaping the way the company will reinvent itself. On Friday, the Association of Flight...
Tribune staff reporterTurning up the pressure on aircraft lessors, United Airlines on Thursday obtained a court order allowing it more time to obtain better deals on many of its jets. The company also told U.S. Bankruptcy Judge Eugene Wedoff that it is temporarily accepting...
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