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Auto sales put pedal to the metal in Brazil
SAO PAULO, BRAZIL -- Auto sales may be slumping in the U.S., but in Brazil these days, everyone seems to have a new set of otimo -- cool -- wheels. Bank employee Rafael Hanzava bought not one but two new cars in recent months: a Peugeot and a Fiat ...
Citi's proposed sale of $12 billion in leveraged loans to some private-equity shops shows a bit of stability is starting to emerge in at least one corner of the battle-scarred debt markets. Two-bedroom apartments at $3, 200 a month sparking bidding wars. A hostile bid, a nine-week stalemate, two rejections, some tough talk, a three-week deadline and soon . Cash deposits of $6, 000 made on the spot. At least that's the ultimate outcome some investors and analysts see for the Microsoft-Yahoo deal. Motorola picks former ATT chief Dave Dorman as its next chairman. While the rest of North America is mired in housing pain, the market is scorching in Fort McMurray, Alberta. Manhattan? Dubai? Think again. When Boeing Company announced Wednesday yet another delay in the production schedule of its closely-watched 787 commercial jet, company executives moved fast to convince Wall Street and its customers that it could deliver
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