Archive for June 2009

Despite objections, General Motors Corp. is expected to quickly emerge from Chapter 11 bankruptcy when it asks a judge today to approve its plan to begin operating as a new company, the Associated Press reported. …

The stock market is headed for its best quarterly performance in more than a decade when it closes today, the Associated Press reported.

Yesterday the Dow Jones industrial average rose nearly 91 points higher oil …

About 800 salaried employees have taken voluntary buyouts since Deere & Co. announced the program in April. This will allow the company to achieve its first-year savings goal of approximately $75 million after a pretax …

Four months after President Barack Obama pledged $275 billion to shore up home sales, the engine that powered every U.S. recovery since 1960 is stalled, Bloomberg reported.

Bankers’ reluctance to finance buyers who won’t live …

Tuition and fees at private U.S. colleges and universities will increase an average 4.3 percent for the 2009-2010 school year, the lowest percentage increase in at least 37 years, according to a survey to be …

Fannie Mae and Freddie Mac’s federal regulator said U.S. home prices may be “bottoming” as government efforts to bolster the market gain traction. “We’re in a process where we may be seeing some bottoming,” James …

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