For $300 million, Lufthansa takes a 19% stake in the budget carrier—a puzzling investment, save for future U.S. growth opportunities

The U.S. chemical giant hopes the joint venture will help it become a specialty player to avoid down-cycle margin squeezes

CEO Irene Rosenfeld is banking on a raft of new products to boost sales. Can she whip them up before investors lose patience?

On a conference call with analysts, new CEO Vikram Pandit leaves the door open for asset sales at the beleaguered bank

The Italian airline may not seem like a bargain to many, but the Franco-Dutch carrier sees the benefits of adding a third hub

Randall Stephenson announces the telecom giant plans to buy back 400 million shares and raise its dividend 12.7%

Because of the weakness in its capital structure, the financial-services giant may need to pair up with another bank

Among the steps taken by the savings and loan: cutting more than 3,100 jobs and discontinuing all subprime mortgage lending

Unusually aggressive guidance didn’t stop analysts from making even more optimistic predictions for the iPhone maker in 2008

Some experts think the money-losing Italian carrier is a bad risk, but two airlines see it differently and have their money on the table