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According to Reuters, the federal government bailed out AIG (AIG) The Fed will loan the insurance company $85 billion for…
The collapse of the stock market, particularly shares in large financial companies, will have immediate effects on small businesses. Now…
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill…
The premise for Detroit going to Washington for $50 billion in loan guarantees is that the auto industry needs cheap…
According to Reuters, debt of Washington Mutual (WM) was cut to junk on a forecast of a $4.5 billion loss…
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought…
Since almost no one in the US or Europe is buying cars, auto companies have been looking to China for…
The Association of National Advertisers has already indicated to the Justice Department that it is bitter about the planned link-up…
The Association of National Advertisers, which includes big marketers like GM (GM), Procter & Gamble (PG), and Wal-Mart (WMT), argues…
Ford (F) wants investors to think that there is profit in small cars. Since there is no money in SUVs…
GM (GM) did not lose 25% to 30% of its sales in August when the numbers were compared to last…
GM (GM) likes its "employee pricing" incentives so much that it is going to extend them through the end of…
Robert Lutz, the oldest car company executive in the history of the industry, recently said that Detroit could not raise…
Energy Conversion Devices (NASDAQ:ENER) reported its fourth quarter and full year results this morning, and the stock is up more…
According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine…
Our top personal finance-related articles today. Your wallet will thank you later.