The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market. ...more

July 10, 2009

Chrysler LLC is planning on resuming production at the majority of its plants by the last week of June, said Steven Landry, an executive vice president at the automaker. ...more

June 3, 2009

Disagreement among Senate Democrats over how many homeowners should qualify for court-ordered mortgage relief has stalled a key part of President Barack Obama's foreclosure prevention plan on Capitol Hill. ...more

March 14, 2009

Chargers president Dean Spanos seemed to have the best perspective on the LaDainian Tomlinson saga. ...more

March 12, 2009

the daily newspaper - unless the government grants publishers some urgent and long-overdue regulatory relief. ...more

March 1, 2009

Circuit City Stores Inc. is asking a U.S. Bankruptcy Court judge for permission to pay up to $4.65 million in retention bonuses to some of its employees to keep them as the chain winds down its business affairs. ...more

February 13, 2009

Putting Lenders At Risk A proposal to allow bankruptcy judges to change the terms of loans if the borrower has asked the lender to modify the loan before filing for bankruptcy raises questions. Let's say the lender offers to give a six-month payment moratorium, and then a lower payment, in exchange for raising the rate, and the borrower turns it down. According to your article, the borrower could ask the bankruptcy judge to modify the loan - including lowering the loan amount. ...more

January 19, 2009

A plan to let bankruptcy judges alter the terms of home loans so owners can avoid foreclosure moved one step closer to reality this week. ...more

January 10, 2009

Seven banks and financial institutions are refusing to make vehicle loans to Ernie Haire Ford customers, which could make it even more difficult for the dealership to emerge from bankruptcy. ...more

January 2, 2009

By now millions of people have received one of those e-mails floating around warning about gift cards this holiday season. ...more

December 1, 2008