CHICAGO (AP) — Capmark Financial Group, one of the nation's largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. ...more

October 25, 2009

Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.3 billion Thursday, after the worst loss in company history a year earlier. Shares rose 9 percent in afternoon trading. ...more

July 24, 2009

SunTrust Banks Inc., which has received $4.9 billion in federal Troubled Asset Relief Program funds, posted an $815.2 million first-quarter loss it blamed on a goodwill charge and increased reserves for loan losses. ...more

April 24, 2009

SunTrust Banks Inc., which has received $4.9 billion in federal Troubled Asset Relief Program funds, posted an $815.2 million first-quarter loss it blamed on a goodwill charge and increased reserves for loan losses. ...more

April 23, 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

General Motors on Thursday morning posted a loss of $30.9 billion in 2008 as the auto giant suffered one of its worst years in decades and as company leaders prepared to meet with U.S. government officials to detail the need for more federal money to survive. ...more

February 27, 2009

In his latest move to show support for his bank, Bank of America Corp. Chief Executive Ken Lewis spent almost a million dollars this week to buy additional shares of his struggling bank. ...more

February 7, 2009

Suntasia Settles For $50 Million The Federal Trade Commission announced Tuesday that 14 defendants of Suntasia Marketing Inc. agreed to pay $16 million to settle charges. With an additional $33 million from another settlement, the total restitution will be nearly $50 million. ...more

January 14, 2009

Odyssey Marine Exploration, the company that recovered a sunken treasure worth an estimated $500 million from the Atlantic Ocean last year, said late Monday that it lost $6.5 million, or 13 cents a share, in the third quarter. ...more

November 12, 2008

TAMPA Odyssey Marine Exploration, the company that recovered a sunken treasure worth an estimated $500 million from the Atlantic Ocean last year, said late Monday it lost $6.5 million, or 13 cents a share, in the third quarter. The treasure won't be reflected in Odyssey's financial results until ownership of the loot — 17 tons of colonial-era coins — is determined by a federal court in Tampa. Odyssey could be ordered to return the coins to Spain, which has claimed ownership of the entire haul. ...more

November 11, 2008