NEW YORK – (AP) Home and auto lender GMAC Financial Services said Thursday it lost $5 billion in the last three months of 2009, as losses from its mortgage operations kept the company in the red for another quarter. GMAC, which is owned by the federal government, is still
Also tagged and-auto, financial, for-another, its-mortgage, losses-from, the-red-, thursdayReuters – The Bank of Japan stepped closer to currency intervention on Friday than at any time in the last five years by checking exchange rates with commercial banks as the yen rallied to a 14-year high against the dollar. Read this article: Bank of Japan checks rates, but intervention …
Also tagged 14-year-high, against-the-dollar, article, checks-rates, dollar, five-years, friday, japan, last, tervention-on-friday, the-yenThe state has approved every one of the 40 requests for rate increases filed by Oregon’s largest health insurers over the last three years, though it shaved the increases in seven cases. The Oregon Insurance Division says it is aggressive in regulating insurers, but consumer advocates say the agency’s record …
Also tagged advocates-say, approved-every, but-consumer, division, increases, last, oregon, oregon-insurance, rate-increases, record, requests-for, seven-cases-, state-has, three-years-Reuters – CIT Group Inc , the large U.S. consumer finance company, on Monday posted a $1.07 billion loss for the third quarter, the last full three-month period prior to its Chapter 11 bankruptcy filing. Read the original: CIT has $1.07 billion loss before bankruptcy …
Also tagged 1-07-billion, bankruptcy-filing, chapter, cit, consumer-finance, group, large, last, loss-before, monday, period-prior, read-the-original, thirdCONCORD, N.H. – (AP) New Hampshire’s decision to guarantee a line of credit to a struggling newspaper in the state is raising questions about independent coverage, but it probably won’t be the last such effort. News industry analysts said Wednesday that a few other states have bee
Also tagged bankruptcy law center, industry-analysts-, probably-won, state, struggling-newspaper, such-effort-, the-state, wednesdayWASHINGTON (Reuters) – The expected extension and expansion of a popular home-buyer tax credit should be the last extension Congress should consider, the tax credit’s chief proponent said on Thursday. Original post: Homebuyer tax credit extension to be final: senator
Also tagged a-popular-home-buyer, and-expansion, chief-proponent, congress, homebuyer, last, popular-home-buyer, should-consider, tax-credit, the-tax, thursday-originalNEW YORK (Reuters) – Wall Street went through an “enormous swing” in the last quarter, earning over $30 billion instead of losing the $14 billion New York City anticipated, Mayor Michael Bloomberg said on Thursday. Go here to see the original: Wall St earns $30 billion vs. $14 billion loss …
Also tagged billion-loss, billion-vs-, bloomberg, earning-over, losing-the, mayor, original, said-on-thursday, street, went-through, yorkST. LOUIS – (AP) Charter Communications Inc. said Thursday that a bankruptcy judge plans to approve its pre-arranged reorganization plan, which is the last step before the company can emerge from court protection. The nation’s fourth-largest cable operator issued a statement saying t
Also tagged a-statement-saying, approve-its, bankruptcy law center, bankruptcy-judge, cable-operator, charter, charter-communications, from-court, last, louis, statement-saying, step-before, thursdayStruggling in a prickly and often dangerous climate, a family of beer-makers makes a stand in the last all-Christian village in the Holy Land Read more: A Palestinian Brewery Grows in the West Bank
Also tagged a-prickly-and, brewery-grows, grows, holy, last, often-dangerous, palestinian, prickly-and, westWILMINGTON, Delaware (Reuters) – A visit to the last major operating business of the once swaggering Wall Street firm Lehman Brothers feels a bit like entering a pawn shop. Excerpt from: One year later, Lehman bank is still in business
Also tagged a-bit-like, a-pawn-shop-, bit-like, delaware, last, lehman, lehman-brothers-, major-operating, once, pawn-shop-, street, the-once, year-later