The Dow could open as much as 200 points lower after House Speaker Boehner pulls his 'Plan B' tax bill, which couldn't win enough Republican votes to pass. President Obama will have to come up with a specific plan, he says.
The anti-tax advocate is giving Republicans a pass on legislation that would end up raising taxes for those making more than $1 million a year.
The automaker needs to break its ties to the Treasury and will spend $5.5 billion to buy back shares. The government is in no rush to sell its remaining stake, however.
People are aware of the dire consequences of the fiscal cliff, including the potential for the US economy to wind up in another recession.
The New York Times says the retail giant routinely paid out bribes to win approvals for at least 19 big stores in Mexico. And the problem may extend to other international markets as well.
Cerberus Capital, a major private-equity company, is selling the unit that makes Bushmaster rifles. One of those guns is believed to have been used in last week's school shooting.
Reports warn that delaying investment in the nation's infrastructure will further hurt the economy and lead to higher future costs.
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Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
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