with sales its flagship product flat, the company is scrambling to find the next blockbuster beverage. CNBC Special Report.

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International Paper, the world's top wood products company, said Wednesday its third-quarter profit more than doubled.

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GE is in talks to spin off its NBC Universal unit;Comcast would hold a 51 percent stake in the new company, according to people familiar with the talks. CNBC's David Faber reports.

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Since its founding , retail giant Wal-Mart has blocked unions from its work force. But proposed federal legislation, and fresh push by workers, could make that more difficult. CNBC's David Faber reports.

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The sport of mixed martial arts was once too hot to handle. But Ultimate Fighting Championship impresario Dana White turned UFC into a fistfull of dollars. C NBC reports.

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The United Auto Workers union would appear to be the big winner in the Chrysler bankruptcy saga, having exercised its considerable political muscle to win a 55 percent stake in the country's third-largest automaker.

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The House has passed legislation to give debt-strapped homeowners a chance to win lower mortgage payments through bankruptcy courts.

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Thirty years ago, the Ginsu knife helped launched the modern-day infomercial - a business that has thrived with the struggling economy. CNBC reports.

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Banks and hedge funds that hold $6.9 billion in Chrysler LLC debt have proposed forgiving $2.5 billion of it in exchange for about a 40 percent stake a Chrysler-Fiat alliance, according to two people briefed on the proposal.

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If Chrysler and Fiat can work out an alliance, Chrysler would be run by a new board appointed by the U.S. government and Fiat, Chrysler's CEO said in a message to employees.

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A group of Saturn dealers and a private equity firm says it has approached General Motors Corp. about buying the Saturn brand.

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Prescription benefits manager Express Scripts Inc. said Monday it is buying health insurer WellPoint Inc.'s pharmaceutical benefit management subsidiaries for just under $4.68 billion.

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SALT LAKE CITY - Race-car driver and money manager Hal Prewitt bought Mitt Romney's ski house at Deer Valley Resort for "a little less" than the asking price of $5.25 million, his agent said Tuesday.

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A former bishop in The Church of Jesus Christ of Latter-day Saints allegedly operated a Ponzi scheme from his suburban Denver home for about 15 years.

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Battered automakers are unveiling greener, hipper cars at the New York International Auto Show that they hope will satisfy scared buyers.

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3M Co. says it's cutting its worldwide work force by another 1,200 jobs, or 1.5 percent, because of the global economic slump.

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U.S. mortgage applications jumped last week as record low interest rates spurred a surge in demand for home refinancing loans, data from an industry group showed on Wednesday.

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China rejected Coca-Cola Co.'s $2.5 billion bid to buy a major Chinese fruit juice maker Wednesday in a closely watched case that stirred nationalist opposition.

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EU leaders pushed Friday for a doubling of the IMF's lending resources to $500 billion to help avert future crises, and pledged to pitch in about a third of the increase.

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General Electric Co. said Thursday it expects its struggling finance unit to be profitable in the first quarter of 2009 and for the full year.

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If IBM Corp. scoops up Sun Microsystems Inc. for at least $6.5 billion in cash, as the companies are discussing, IBM would be making an opportunistic grab for a deep well of technology that Sun has nearly buried itself developing.

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Shares of online travel companies fell Wednesday after privately held Travelocity followed rivals Priceline.com Inc. and Expedia Inc. in eliminating booking fees for domestic and international flights.

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Shares of Sun Microsystems Inc. shares soared Wednesday after a published report said IBM is in preliminary talks to buy Sun for at least $6.5 billion in cash.

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President Barack Obama will get an update on the nation's economy Friday from former Federal Reserve Chairman Paul Volcker.

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The decline in China's exports accelerated in February, according to new data, but Asia's bleak picture was tempered by other good economic news Wednesday

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