WASHINGTON — The government gave GMAC Financial Services another $3.8 billion in cash and took a majority stake in the auto lender, aiming to stabilize the company as it...
Move will help keep rates low
WASHINGTON — The government's Christmas Eve pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac is aimed at maki...
COLUMBIA, S.C. — Republican attorneys general in 13 states say congressional leaders must remove Nebraska's political deal from the federal health care reform bill or fa...
NEW YORK — General Motors is pressing ahead with plans to shut down Saab, though it will continue to hear bids for the Swedish car brand, a company spokesman said Wednes...
SEC says investors lost $200 million
PITTSBURGH — Three former officers of a defunct Pittsburgh-area medical staffing company and an attorney who worked for them have agr...
NEW YORK — General Motors is offering deep discounts on its remaining Saturn and Pontiac vehicles as it looks to move the leftover inventory of the soon-to-be-dead brand...
NEW YORK — Johnson & Johnson is expanding a voluntary recall of Tylenol Arthritis Caplets due to consumer reports of a moldy smell that can cause nausea and sickness.
Ac...
BAGHDAD — A consortium led by Russia's private oil giant Lukoil today signed an initial deal with Iraq to develop one of its biggest oil fields, an agreement key to the ...
Stores get profits, deals hard to find
ATLANTA — Retailers have thin inventories after coming out of Christmas with slightly better-than-expected sales.
Some retailers ke...
WASHINGTON — An Illinois firm agreed to pay a $1.25 million settlement for importing and selling Thomas & Friends children's toys that contained lead levels above legal ...