Federal regulators have told 10 of the 19 largest financial institutions in the U.S. to raise an additional $74.6 billion in capital, after the results of the Supervisory Capital Assessment Program or "stress test" were announced this afternoon ...
General Motors Corp. on Thursday reported a wider loss of $6 billion, or $9.78 a share, from a loss of $3.3 billion, or $5.80 a share in the same period of 2008. (GM) ...
Fox Point - Responding to concerns from a resident, the Village Board plans to discuss possible residency restrictions and other issues involving sex offenders ...
Mortgage rates remain near historic lows, but rates ticked up a bit this week, a move Freddie Mac links to the improving outlook for the U.S. economy. (FRE) ...
Macy’s Inc. reported a 9.1 percent drop in same-store sales in April, compared to analysts' projections of minus 7.5 percent, and upgraded its first-quarter profit outlook. (WMT) (TGT) (JCP) (KSS) (LTD) (GPS) ...
Washington – Speaking from the Senate floor Thursday morning on the planned shutdown of the Kenosha Chrysler engine plant, Wisconsin Democrat Russ Feingold called on Chrysler and the Obama administration to "reconsider this terrible decision." ...
Building on its four-year-old environmental effort, ecomagination, General Electric Co. is launching a $6 billion health care initiative focused on improving health care for more people at reduced cost. (GE) ...