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Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. ...more
December 15, 2009
Lazydays RV Supercenter made good on its plan to enter into bankruptcy this week, filing for Chapter 11 protection from creditors in Delaware on Thursday. ...more
November 7, 2009
Elizabeth "Liz" Smith, a former executive of Avon Products, will become the next chief executive officer of Outback Steakhouse's parent company, and instantly becomes one of the Tampa Bay area's leading businesswomen. ...more
November 4, 2009
President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant. ...more
March 30, 2009
The government on Monday unveiled a revamped rescue package to insurance giant American International Group and will provide the troubled company with an additional $30 billion in taxpayer money on an as-needed basis. ...more
March 3, 2009
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
It wasn't 1929, but like that infamous year, 2008 is sure to be remembered by economic historians as one unlike any other. ...more
January 1, 2009
If Mark Cuban thinks bumping heads with David Stern is frustrating, wait until he tries it with the feds. ...more
November 20, 2008
It's a $150 billion gamble. That's the size of the newly enlarged financial lifeline the U.S. government threw tottering insurance giant American International Group on Monday, expanding an aid package that's gradually grown since it began as an $85 billion loan in September. ...more
November 11, 2008
It's easy to forget how good Ryan Newman was his first two years at NASCAR's top level. ...more
August 16, 2008
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