More on Automakers GM May Not Need Further Loans: Report GM Austria to Put Make Most Employees Part-Time GM Cancels Sport Truck GM Sales in China Rose 6% in 2008 Toyota to Halt Output for 11 Days in Japan Passenger Car Back Amid Bleak Auto Sales ...
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WASHINGTON (AP) - A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the ...
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DETROIT -(Dow Jones)- General Motors Corp. (GM) said Wednesday it needs to have key elements of a cost-cutting labor deal with the United Auto Workers in place by Feb. 17 to comply with last month's $17.4 billion federal bailout. GM and Chrysler LLC ...
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NEW YORK (Reuters) - When U.S. central bankers eventually move to wean markets off the emergency support put in place to rescue the economy, they will face the difficult and delicate task of timing it right. If they wait too long, they risk sky-high ...
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It started with Wall Street . Then it was Detroit . Now the list of bailout supplicants queuing for government handouts includes farmers, motorhome makers, home builders, governors, the city of Gary, Indiana, and even some newspapers. Trust me, that ...
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Steve Libby, left, manager of Jimi’s Trading Center, Portland, negotiates a loan with James Pickett, of Portland, who pawned a computer monitor on Tuesday for $75 – a 30-day loan with 25 percent interest. enlarge Steve Libby, manager of Jimi’s ...
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USA Capital investor Gary Larson on Friday stands in front of the Copper Sage Commerce Center in Las Vegas. The center is a loan asset of failed hard-money lender USA Capital. Photo by John Locher One man is living out of his van in California, not a ...
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