TARP Cash Targeted in Jobs Push
Democratic leaders have begun to work out how to pay for a mix of unemployment benefits, state aid, tax credits and other incentives they hope will turn around the country's surging unemployment rate… Read More

GM and Chrysler Offer Reprieve to Dealers
General Motors Co. and Chrysler LLC yesterday offered a potential reprieve to some of their U.S. dealers earmarked for closure in a bid to head off proposed U.S. legislation that could force a review of the plans… Read More

GM’s Management Shakeup Continues
General Motors Co.'s interim Chief Executive Ed Whitacre will announce a string of management changes today, including a new role for Vice Chairman Robert Lutz and the promotion of some of the company's younger managers into more prominent roles… Read More

U.S. Economy Sheds Fewer Jobs in November
The Labor Department reported today that the U.S. economy shed 11,000 jobs in November, and the unemployment rate fell to 10 percent, down from 10.2 percent in October… Read More

Oil and Gas Company’s Chapter 11 Plan Approved
Oil and gas exploration company Saratoga Resources Inc. received court approval of a reorganization plan that includes a deal with its secured lenders regarding a financial restructuring… Read More