American International Group said Friday it plans to sell a number of business units to pay off its massive government loan. ...more

October 4, 2008

General Motors Corp.'s treasurer said Wednesday that the automaker is planning to put its Strasbourg, France, manufacturing operation and its Hummer truck brand up for sale and may announce more asset sales later this year. ...more

September 25, 2008

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles. ...more

September 17, 2008

Barclays PLC will unveil a plan to acquire all or part of Lehman Brothers Holdings Inc.'s investment banking and trading operations, a person close to the talks said Tuesday. ...more

September 17, 2008

In his first full day on the job, Washington Mutual Chief Executive Officer Alan Fishman pledged to return the Seattle savings-and-loan to profitability even as investors grew more doubtful about its prospects. ...more

September 10, 2008

Lender GMAC Financial Services said Wednesday that it will close all of its 200 retail offices and lay off about 5,000 employees as part of a plan to reduce its mortgage lending and servicing operations because of the housing market downturn. ...more

September 4, 2008

People want small cars that get great gas mileage. General Motors Corp. is known for making top-notch trucks and sport utility vehicles. The company's survival hinges on the difficult task of convincing buyers that its upgraded cars are just as good as its trucks and worth some extra cash. ...more

July 17, 2008

After weeks of public bickering, Anheuser-Busch Cos. Inc.'s board is likely to accept a sweetened buyout offer from the Belgian-based brewer InBev SA as early as this weekend, published reports say. ...more

July 12, 2008

There are new signs that the worst of the global credit crisis is yet to come, and that banks and brokerages caught up in the market turmoil may lose $1 trillion by the time it has passed. ...more

June 19, 2008

Clear Channel Communications, a major outdoor advertising and radio company that owns several stations in the Tampa area, reported higher first-quarter earnings Friday on asset sales, but operating results were flat, reflecting weak demand for radio advertising. ...more

May 10, 2008