The U.S. government will exchange up to $25 billion in emergency bailout money that it provided Citigroup Inc. for as much as a 36 percent equity stake in the struggling bank, greatly increasing the risks to taxpayers as voter unhappiness about the broader bailout program rises. ...more

February 28, 2009

The Obama administration hopes to restore confidence in the nation's ailing financial sector by subjecting 19 of the largest banks to "stress tests" that will gauge whether each institution has adequate capital to survive a severe downturn. ...more

February 26, 2009

First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets. ...more

October 26, 2008

PNC Financial Services Group said Friday that it is acquiring National City Corp. for $5.58 billion in one of the first concrete signs of how banks could use fresh investments from a government bailout program. ...more

October 25, 2008

Goldman Sachs Group, seeking to improve not only its balance sheet but its standing with investors, has undertaken a huge capital-raising program that includes an investment of at least $5 billion from Warren Buffett and a common stock offering for another $5 billion. ...more

September 25, 2008

Merrill Lynch's shotgun sale to Bank of America will create the nation's largest financial services company - one that some say is too big to fail. Still, no one is breathing easy just yet. ...more

September 16, 2008

Walter Industries, a leading coal producer, said Tuesday that earnings nearly tripled in the second quarter, driven primarily by skyrocketing coal prices. ...more

July 30, 2008

Walter Industries Inc., a leading coal producer, said today that earnings nearly tripled in the second quarter, driven primarily by skyrocketing coal prices. ...more

July 29, 2008

IAC chairman Barry Diller shot back Tuesday at Liberty Media Corp. CEO John Malone, saying it is "preposterous" that Malone's attorneys have filed court papers to remove him from the board in an effort to gain control of the company. ...more

January 30, 2008

Ford Motor Co. posted a third-quarter loss of $380 million Thursday, a vast improvement over its $5.2 billion loss a year earlier. ...more

November 9, 2007