Dec 09 President Bush Taps Railway Chief As New Treasury Secretary President Bush on Monday nominated CSX Chairman John W. Snow to replace outgoing Treasury Secretary Paul O'Neill and to help build support for his upcoming economic stimulus package. Continue reading
Dec 09 United Airlines Files for Bankruptcy Protection By Admin United Airlines filed for bankruptcy Monday, after high costs and low airfares left the world's second-largest carrier with too much debt and not enough cash. Continue reading
Dec 06 Treasury Sec. O’Neill, President’s Economic Adviser Lindsey Resign Treasury Secretary Paul O'Neill and White House senior economic adviser Larry Lindsey submitted their resignations Friday as administration officials began a reshuffling of President Bush's financial team. Continue reading
Dec 05 United Loses Loan Guarantee Bid, Faces Bankruptcy By Admin United Airlines' stock fell by two-thirds and its credit rating was downgraded Thursday as the company faced bankruptcy after losing a bid for a government-backed loan guarantee. Continue reading
Dec 05 Watch Executive Excess Part 4 In the final installment in a series on executive pay and performance, business correspondent Paul Solman of WGBH-Boston talks with former General Electric CEO Jack Welch, one of the key business leaders of the last decade. Continue watching
Dec 04 Watch Executive Excess Part 3 Paul Solman explores the rise of charismatic CEOs and how it has influenced CEO compensation. Continue watching
Dec 02 Watch Executive Excess Part 1 After a year when CEO compensation came under increasing scrutiny, Paul Solman investigates the factors that influence executive pay. Continue watching
Nov 29 Watch Google: The Search Engine that Could Spencer Michels reports on the economic and technical success story behind the Google search engine. Continue watching
Nov 28 Watch Unemployment Benefits Business correspondent Paul Solman on the latest debate over extending unemployment benefits. Continue watching
Nov 26 Economy Shows Growth, Consumer Confidence Up By Admin The U.S. economy grew by a higher-than-expected 4 percent annual rate last quarter and consumer confidence ended its five-month slide, according to new numbers released on Tuesday. Continue reading