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BusinessWeek.com -- Top News
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Countries with the Biggest 'Shadow Economies'
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BP to Begin Permanent Plug of Macondo Well in Gulf This Week
BP Plc plans to start injecting mud down the Macondo well in the Gulf of Mexico to permanently plug the source of the largest oil spill in U.S. history.
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Dubai Airport Considers ‘One-Stop’ Passenger Check-in, Security
Dubai World Central-Al Maktoum International, set to become the world’s largest airport, may use “one-stop” processing to get travelers in and out of aircraft more quickly.
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Unemployment Probably Rose as Jobs Scarce: U.S. Economy Preview
Unemployment probably climbed in July, raising the risk American households will keep a lid on spending for the rest of the year, economists said before a government report this week.
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Yankees Acquire Three Players Before Baseball’s Trade Deadline
The New York Yankees, with a 66-37 record, the best in the majors going into the final third of the season, acquired a pitcher, infielder and outfielder before the Major League Baseball trade deadline expired.
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Australian Greens Seek Balance of Power in Senate
The Australian Greens Party unveiled its biggest ever national election advertising campaign today, seeking to win enough votes in the Aug. 21 ballot to hold the balance of power in the country’s Senate.
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China’s Manufacturing Growth Is Weakest in 17 Months
China’s manufacturing grew at the slowest pace in 17 months in July as the government clamped down on property speculation and investment in energy-intensive and polluting factories.
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S. Korea Exports Rise for Ninth Month, Gaining 29.6%
South Korea’s exports increased for a ninth month in July as weakness in the won and the global economic recovery boosted demand for the nation’s cars, electronic goods and semiconductors.
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Doing the Math on Obama's Detroit Bailout
By David Welch
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A New Dawn for Nuclear?
The U.S. needs to rethink its policies on using nuclear energy, says NextEra Energy Chief Executive Lew Hay
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Chrysler, GM Tout Production Gains
Chrysler Group LLC and General Motors Co. announced plans to boost production and add jobs as U.S. President Barack Obama visited the Detroit area today to promote the government’s bailout of the auto industry.
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Chevrolet Volt Fatigue Setting In
The Chevrolet Volt may be wearing out its welcome. General Motors has been hyping the gasoline-electric car ever since the company showed it off to the public 1,300 days ago. The company has let countless reporters into its battery labs and given interviews with its engineers, all in a very ...
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Shadow Economies on the Rise Around the World
A report identifies countries with the largest shadow economies, many of which are half as large as official GDP—a huge loss in tax revenue
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Nancy Pelosi's Business Brain Trust
The House Speaker, called anti-business by Republicans, receives advice and campaign cash from numerous California executives
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Dome Sweet Dome
The man who bought the Pontiac Silverdome for just over half a million dollars is the type of daredevil entrepreneur who could bring Detroit back from the dead—or not
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