Ford Motor Co. plans to tell Congress it is retooling itself to build small fuel-efficient cars and break from the past strategy of focusing mainly on large pick up trucks and sport-utility vehicles, and will cut the compensation package of Chief ..more

Jerry York Said $25B In Auto Loans Is Not Enough (GM, F) Ford Motor (F) CEO Mulally Plans Roadtrip Back To DC GM (GM), Ford (F) Shares Dip Well Into Negative Territory General Motors' (GM) Stock Taking A Hit Active Equity option families in first 30 ..more

(WASHINGTON) They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers , but Ford Motor Co. , General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade a ..more

WASHINGTON | The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ..more

NEW YORK (Reuters) - A group of bond investors sued Bank of America (BAC.N: Quote , Profile , Research , Stock Buzz )-owned Countrywide Financial on Monday demanding that Countrywide buy every mortgage loan for which it agrees to reduce payments ..more

(RTTNews) - Sun Healthcare Group, Inc. (SUNH: News ) said on Monday that variable interest rates on $154.4 million of its outstanding bank term loans were reset in late November 2008 at an average nominal rate of 4.13%. The variable interest rates ..more

CHICAGO General Growth Properties Inc., the owner of Glenbrook Square, has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping-mall owner works to stave off bankruptcy and negotiate longer-term ..more

COLUMBIA, S.C. — The chief executives of the nation's Big Three automakers should give up their jobs, not just their lavish executive pay packages as a condition of $25 billion in proposed federal help to keep the companies operating, U.S. House ..more