The U.S. Treasury and Federal Reserve released details Monday on a restructuring plan for AIG, which reported a record fourth-quarter loss of $61.7 billion. More: continued here
The U.S. Treasury and Federal Reserve released details Monday on a restructuring plan for AIG, which reported a record fourth-quarter loss of $61.7 billion. More: continued here
Spansion filed for bankruptcy potection as it continues to explore a possible sale or other alternatives. More: continued here
The bank plans to close some of its lending operations in the U.S. and cut 6,100 jobs after announcing a 70% drop in 2008 earnings. More: continued here
The bank plans to close some of its operations in the U.S. and cut 6,100 jobs after announcing a 70% drop in 2008 earnings. More: continued here
The Japanese automaker expects its worldwide production to drop about 12% in the next fiscal year to its lowest level in seven years, a report says. More: continued here