Stocks slog to mixed finish

Stocks ended mixed Tuesday, after trading in a tight range on both sides of breakeven, following an unexpected drop in homebuilding that clouded the […]

Emergency small business loans coming in June

An emergency loan program designed to shore up struggling-but-viable small businesses will open for applications in mid-June, the Small Business Administration announced Monday.
The news […]

GM whacks 1,100 dealers

General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in cutting […]

Chrysler closing 789 dealerships

Chrysler LLC will close down 789 dealerships, or roughly 25% of the current number, according to a plan filed in bankruptcy court Thursday.
"With regret, […]

Stanford aide pleads not guilty

A former top aide to Texas financier Allen Stanford pleaded not guilty Thursday to charges of obstructing an SEC investigation of an alleged $8.5 […]

AIG payback? Don’t hold your breath

AIG Chief Executive Edward Liddy will appear before a House committee Wednesday to lay out the company’s plan for paying back billions of taxpayer […]

750,000 stimulus jobs by August - White House

The Obama administration estimates that the economic stimulus plan will create or save 750,000 jobs by early August, a senior administration official said on […]

AIG loss narrows by 44%

Embattled insurer AIG reported its sixth-consecutive quarterly loss on Thursday, but the $4.4 billion loss narrowed sharply from the previous quarter’s record-setting loss.
The company […]

What’s on Obama’s chopping block

Even on the campaign trail last year, President Obama pledged to cull waste from the budget. On Thursday, he pulled back the curtain on […]

Ford plant dumps SUVs, goes small

Ford Motor said Wednesday it will spend $550 million to convert a plant, which previously produced trucks and SUVs, into a "green" manufacturing complex […]