By LIAM PLEVEN Many risk managers who remain at American International Group Inc. since the September federal bailout received performance bonuses, retention payments or both since then, according to a May 4 letter to a member of Congress.
The number of foreclosures in North Carolina fell 14.9 percent in April from the same period last year, according to RealtyTrac Inc. The state had 3082 foreclosures in April, with one in every 1339 homeowners receiving a default notice, auction-sale …
By Leah Schnurr NEW YORK, May 13 (Reuters) – US stocks tumbled on Wednesday as worse-than-expected retail sales hurt shares in the sector, including Wal-Mart Stores Inc, and dampened recent enthusiasm over the economic outlook.
By Benjamin Pimentel With the stunning European Union antitrust ruling, Intel Corp. (INTC) joined Microsoft Corp. (MSFT) as the two US technology titans to get slammed with a hefty fine and branded a big bully in the marketplace.
AP Video By Matt Buhrman OTTUMWA — The price of first-class stamps will be increasing two cents on Monday, May 11th, to 44 cents.
By Amy ME Fischer The amount of food collected locally in Saturday’s 16th annual National Association of Letter Carriers food drive dropped for the second consecutive year, but food bank officials say that’s OK.
By Mike Armstrong Wells Fargo & Co. chief executive officer John G. Stumpf had a pretty good reason why he couldn’t fly from his San Francisco home to give a speech before Philadelphia’s business community yesterday.
Most critics of the Stress Test have missed the point of the tests and underestimate the Obama Administration’s cleverness in helping banks raise capital.
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By MICHAEL J. de la MERCED A group of Chrysler creditors opposing the carmaker’s reorganization will disband after two more investment firms withdrew, removing a vocal bloc of opposition to the sale of some company assets to Fiat.