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GMAC loosens credit to make vehicles easier to buy - Pantagraph

NEW YORK -- Easier auto loans for more people. The struggling financing arm of General Motors Corp., rescued by $5 billion in federal aid on Monday, plans to use some of the money to make cars and trucks more affordable to a larger pool of customers ...
New Orleans renovation project delays threaten lucrative GO Zone ... - New Orleans Times-Picayune

Matt Rose / The Times-Picayune Hopes are strong that $225 million in GO Zone bonds will be used to repair the Hyatt Regency hotel, which has been shuttered since Hurricane Katrina. Similar renovation projects using GO Zone money are delayed or ...
Free Market Myth - Common Dreams

The extraordinary financial collapse of recent months has been commonly described as a testament to the failure of deregulation. The events are indeed testament to a failureâ€”a failure of public policy. Blaming deregulation is misleading. In general ...

Small companies, giant job losses - CNN Money

(CNNMoney.com) -- The small businesses sector in December suffered its largest one-month jobs decline in at least a decade, according to an employment report by payroll processor ADP, which estimates that small companies shed 281,000 jobs last month ...
Laid Offsies Leave the Bay Area - San Francisco Gate

Some laid off workers find they can no longer afford San Francisco. A sad batch of listings on the classified site suggests a decent percentage of laid off workers are fleeing the city. San Francisco is a pricey place to live under the best of ...
Recession pushes many to seek second jobs - Denver Post

WASHINGTON â€” Shelby Shenkelman enjoys working as a pricing analyst for a company that produces airline meals. At 25, she is making more than $50,000 a year. "It should not be a bad salary," she said. That is, unless you have $30,000 in student ...

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MGM Downsizes CityCenter - Forbes

The lights continue to dim on the Las Vegas strip as another hotel-casino company prunes down a planned project to save some much-needed green. On Wednesday, CityCenter Holdings, a joint venture between MGM Mirage (nyse: MGM - news - people ) and ...

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Bank of America, Li Ka-Shing Reduce China Bank Stakes (Update1) - Bloomberg

Jan. 8 (Bloomberg) -- Bank of America Corp. sold $2.8 billion of China Construction Bank Corp. shares to boost capital and Hong Kong billionaire Li Ka-shing is raising as much as $524 million in Bank of China Ltd. stock sales. Bank of America offered ...
Avid reader, Raju rewrites Satyam books - Economic Times

As Satyam unravels before a stunned India, the companyâ€™s founder chairman and man-in-the-dock Byrraju Ramalinga Raju can only hope his favourite author was right about life and checkmates. The Harvard Business School alumnus, who pioneered ...
US property mogul commits suicide - Daily Telegraph

Steve Good, 52, did not leave a suicide note and it is not known if his death was linked to his finances or the global economic downturn, which has led to great turmoil in the real estate industry. His body was found with a gunshot to the head in his ...

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GMAC loosens credit to make vehicles easier to buy - Pantagraph