As Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is in the awkward position of paying about $30 million in retention bonuses to keep top executives while the company cuts thousands of jobs.
Documents obtained by the Free Press show that at least six Chrysler executives are due to receive bonuses of more than $1 million apiece to stay through August 2009, the two-year anniversary mark of when private equity firm Cerberus Capital Management bought an 80.1% stake in Chrysler.
Between 250 and 650 retail stores including Ann Taylor, Dress Barn, Loft and Lane Bryant are...
U.S. household debt has topped the record level reached in 2008, a milestone for the recovery...
A person working a full-time minimum-wage job will find it virtually impossible to rent an affordable...
