A currency clash makes for compelling drama, but the United States and China have more pressing problems -- including how to mop up stimulus spending and plot a course for more sustainable growth.
Bob McLeod had mastered the corporate ladder at Lithonia Lighting: 23 years and eight positions after starting as a credit assistant, he was regional sales VP and says he oversaw 14 states and $300 million in revenue. But when a 2004 management shakeup meant he'd be demoted, he took a severance package.
Tomorrow morning the European Court of Justice in Luxembourg is expected to decide whether Google, and, by inference, other search engines, can continue to auction off other companies' trademarks for use as search "keywords" in connection with their sponsored advertising programs.
The sweeping health-care bill passed by the House of Representatives Sunday, and now headed for President Obama's desk, promises a sea change in the way that small business owners purchase and provide health insurance for themselves and their employees.
Prices at the pump are up nearly 9 cents in the past two weeks and a total of 18 cents in the past month, but the increase is likely to slow, according to a survey published Sunday.
The House is poised to vote on a proposal Sunday that would make Washington the one-stop-shop for cheap student loans and boost funding for need-based scholarships.
As Congress considers limiting the Federal Reserve's regulatory authority to just the country's largest bank holding companies, Fed Chairman Ben Bernanke reiterated on Saturday that the central bank should retain power over banks of all sizes.
On Sunday, the House is set to vote on an historic overhaul of the nation's health care system. It will also take up an issue that will get far less attention but could affect the wallets of millions of Americans.
A year and a half after Lehman Brothers' collapse, Senate Banking Committee Chairman Chris Dodd, D-Conn., is calling for a federal investigation into the "Lehman situation" and other companies that may have fudged their balance sheets, contributing to the financial crisis.
The 661 auto dealers General Motors is offering to reinstate received letters this week with the deal terms -- and some breathed sighs of relief. They'll be able to get their franchises back without a pricey and protracted battle.
CBC.ca Sarkozy's UMP party loses in regional elections - Cbc President Nicolas Sarkozy's centre-right UMP party has suffered a heavy defeat in French regional elections. The Socialist-led opposition alliance took about 54% of the vote with the UMP on 36%.