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CNN.com - Business
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CNN.com delivers up-to-the-minute news and information on the latest top stories, weather, entertainment, politics and more.
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EU: Russia gas supply should restart
Gas should start flowing again through the Ukraine from Russia immediately after a deal was reached for EU monitors to supervise the system, the EU says. The standoff has affected millions of people across Europe, who have been forced to cut down on gas heating or live without it amid freezing temperatures.
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India running dry as oil strike bites
Fuel pumps across India ran dry Friday as a strike by workers at state-run oil companies entered a third day.
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Obama calls for 'dramatic action'
U.S. President-elect Barack Obama said Congress must take "dramatic action" on his economic aid package as soon as possible, warning that a failure to do so would have devastating long-term consequences for the nation.
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Russia, Ukraine reach monitoring deal
Russian energy giant Gazprom stated Thursday it was ready to resume pumping gas to European markets through Ukraine as soon as independent monitors are in place following EU-hosted talks in Brussels.
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South Korea automaker files for bankruptcy
Ssangyong Motor Co., South Korea's fifth largest automaker, filed for bankruptcy Friday, citing the company's worsening finances.
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U.S. bonds reverse slide
Government bond prices reversed their new year's slide Thursday as investors weighed a flood of supply against a potentially sour unemployment report being released by the government on Friday.
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Citi signs onto on mortgage plan
Citigroup reached an agreement with Democratic lawmakers Thursday on legislation that would allow judges to reduce mortgage debt for individuals who have filed for bankruptcy.
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U.S. jobless claims fall sharply
The number of Americans filing for first-time unemployment benefits dropped sharply from last week to a three-month low, according to a government report released Thursday.
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Wal-Mart, Sears feel holiday pain
If retailers were hoping for some respite from a protracted slump in monthly sales, it didn't happen in December.
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Microsoft's Ballmer touts Windows 7
Microsoft CEO Steve Ballmer kicked off the 2009 International Consumer Electronics Show on Wednesday with an impassioned endorsement of PCs and a sneak peek at the company's future Windows 7 operating system.
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