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IMF throws Ukraine financial lifeline, Russian economy to slump

March 27th, 2014 (0)
Ukraine won a $27-billion international financial lifeline on Thursday, rushed through in the wake of Russia’s annexation of Crimea, as Moscow’s economy minister spoke of the cost of military action in its former Soviet neighbor. The International Monetary Fund ...

GM Down 14% Shows Barra Challenges From Recalls to China

March 27th, 2014 (0)
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 percent since Barra took the helm Jan. 15 through yesterday, ...

Russia Staring at Recession on Sanctions

March 24th, 2014 (0)
Western sanctions are pushing Russia toward recession and the pain could intensify if U.S. and European leaders turn the screw over tensions in Ukraine. Banks including state-run VTB Capital say the world’s ninth-biggest economy will shrink for at least ...
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