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WASHINGTON -- The Bush administration abandoned efforts Wednesday to finalize a landmark increase in fuel efficiency standards, leaving a difficult decision to President-elect Barack Obama's administration in his first two months in office. The move ... Read all

Fuel rules deferred by Bush - Detroit News
ALLIANCE Bank Malaysia Bhd expects to still see positive growth in its credit card business despite fluctuations in consumer spending due to the global economy slowdown. Its executive vice president/head of consumer banking, Liew Swee Lin, said the ... Read all

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Adolf Merckle, 74, a German billionaire, committed suicide after his business empire ran into trouble in the financial crisis, throwing himself in front of a train near his home, authorities and his family said. Mr. Merckle's body was found Monday in ... more...

Adolf Merckle | German billionaire, 74 - Philadelphia Inquirer
TOKYO, Jan 8 (Reuters) - Japanese electronic components maker TDK Corp ( 6762.T ) said on Thursday it now expects to plunge into a 28 billion yen ($302 million) net loss this business year, its biggest annual loss ever, due to weak orders and a ... more...

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