Disney employees now allowed to grow beards

Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.

EU leaders back fiscal pact, bigger firewall

European Union leaders agreed Monday to strengthen a financial firewall and most members of the 27-nation group will sign a new fiscal compact. But the first summit of the year ended without new solutions for the debt crisis in Greece.

Battery maker Ener1, a DOE grant recipient, goes bankrupt

Electric car battery maker Ener1 filed for bankruptcy Thursday, three years after receiving a $118.5 million grant from the U.S. government.

Greek debt talks in limbo

Greek debt talks are said to be progressing but officials have yet to announce a deal to scale back the nation's overwhelming debt load.

Pay cuts coming for new Fannie, Freddie CEOs

The next CEOs at Fannie Mae and Freddie Mac are unlikely to receive the controversial, multi-million dollar pay packages given to their predecessors, the companies' regulator said Tuesday.

Up next for Target: Apple, more designer brands

Hoping to offset a disappointing holiday season, Target is relying on some tried and true designer partnerships to bring more of its core customers through the doors and testing the waters with cult favorite Apple, in an effort to attract new ones.

Sergio Marchionne: Fiat 500 sales goal 'incredibly naive'

Sergio Marchionne, CEO of both Fiat and Chrysler Group, said that while he's pleased with the re-launch of the Fiat brand in North America last year, he was "incredibly naive" to think he'd sell 50,000 of the tiny cars in the U.S. in 2011.

IRS audited 1 in 8 millionaires last year

The IRS audited one out of every 8 millionaires last year, the third year in a row the agency has ramped up its enforcement of the nation's top earners.

China: Manufacturing expands slightly

China's official reading of manufacturing sentiment showed mild expansion in December, an improvement from the slight contraction the month before, a government agency said Sunday.

Auto sales on pace for big rebound

After a grim couple of years, auto sales finally began to rev up a bit in 2011.