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Goldman CEO May Get $100 Million Bonus

Goldman CEO May Get $100 Million Bonus

The CEO of Goldman Sachs could get a bumper bonus of up to $100 million for 2009, London newspaper The Times reported Monday, quoting bankers in Davos, Switzerland. Lloyd Blankfein and other top Goldman Sachs...

Exxon Mobil 4Q profit drops 23 percent

Exxon Mobil 4Q profit drops 23 percent

Exxon Mobil Corp. on Monday said last year’s profit of $19.3 billion was its smallest since 2002 as higher oil prices squeezed profit margins in its refining business. The world’s largest publicly traded oil company...

Toyota Announces Fix in Pedal Recall

Toyota Announces Fix in Pedal Recall

Toyota on Monday announced a fix for about 2.4 million of its eight most popular models involved in a safety recall and sales and production suspension. A precision-cut steel reinforcement bar will be installed at...