Greece, creditors line up rival reform proposals to unlock aid

ATHENS/PARIS - Greece's creditors are close to finishing a draft agreement to put to the leftist government in Athens, a source close to the talks said on Tuesday, injecting new momentum into long-running negotiations to release aid for the cash-strapped country.

Recent Business News

Wal-Mart to raise wages for 100,000 U.S. workers in some departments

- Wal-Mart Stores Inc said it would raise wages for more than 100,000 of its U.S. workers in some departments from July.

8:21am EDT

Fiat Chrysler sees May industry sales flat to up 0.7 percent

DETROIT - The U.S. auto industry will remain on track for the best sales year in a decade despite industry growth being flat to up 0.7 percent in May, Fiat Chrysler Automobiles (FCA) said on Tuesday.

9:11am EDT

Exclusive: Fiat Chrysler delays many future vehicle programs

DETROIT - Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, according to suppliers familiar with the company's plans. The unusual number of delays could let the automaker defer billions of dollars in investment while searching for a partner.

1:20am EDT

For UAW members, two-tier wage issue is personal

KANSAS CITY, Kansas - For United Auto Workers union members Jermaine and Akema Austin, a two-tier wage system at General Motors Co is not just business, it's personal.

7:48am EDT

HSBC set to cut thousands of jobs globally: Sky News

LONDON/HONG KONG - HSBC Holdings Plc could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of chief executive Stuart Gulliver's overhaul of Europe's biggest bank. | Video

6:17am EDT


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