Lending market in slight expansion Category: BusinessPublish Date: 11-20-2008 10:08 AM -0800
A key market for business lending has expanded for the fourth straight week, but the growth was only incremental, according to Federal Reserve data released Thursday.
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UAW to Congress: Get a deal done Category: BusinessPublish Date: 11-20-2008 10:03 AM -0800
The United Auto Workers union called on Congress and the Bush administration on Thursday to get a loan to U.S. automakers to prevent their collapse before the legislature adjourns Friday.
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Saudi prince to boost stake in Citigroup Category: BusinessPublish Date: 11-20-2008 09:46 AM -0800
Citigroup's largest individual shareholder, Saudi Prince Alwaleed Bin Talal, said Thursday he planned to increase his stake in Citigroup back to 5%. But the stock continued its painful slide...[more]
GMAC seeks bailout Category: BusinessPublish Date: 11-20-2008 09:29 AM -0800
GMAC Financial Services announced Thursday that it is seeking government assistance, trying to access the $700 billion set aside for banks that its parent General Motors has so far been denied.
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