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Citi promises to rein in riskMay 9:  Wall Street will be looking for proof that Citi can follow through on plans to build its business without increasing risk. more
May 9: The banking icon expects to sell certain businesses over the next 2 to 3 years. CEO: 'It's all about getting fit.' more
4:43pm: Rupert Murdoch's News Corp. had offered to buy the Long Island newspaper for about $580 million. more
May 9: Martin Sullivan's credibility takes another hit even as he boasts the insurer is building a 'fortress balance sheet.' more
May 9: The shipping company says a 7% increase in fuel expenses since March will cost 25 to 30 cents per share. more
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Green BizU.S. companies are racing to reduce their carbon footprints and adopt 'greener' business practices. Here's a look at environmental news and other sustainability issues that affect global business. more
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