| Apr 1, 2014
| 1:37 PM
General Motors CEO Mary Barra said Tuesday she wants to find out if GM engineering employees executed a coverup or were merely incompetent in failing to recall a defective part linked to 13 deaths.
In testimony before a House Energy and Commerce...
| Apr 21, 2014
| 9:12 AM
A plan for Fisker Automotive Inc. is solidifying that would put the company's gas-electric hybrid Karma luxury automobile back on the road in mid-2015, according to its newly appointed interim president.
The hope is that the newly launched car, backed...
| May 7, 2014
| 1:17 PM
Republican governor challenger Bruce Rauner today said he’s “very comfortable” that a federal bankruptcy judge is letting a case proceed in which it is alleged the candidate’s longtime equity investment firm improperly handled...
| Jan 28, 2014
| 4:30 PM
After my recent column on financial priorities for the New Year appeared, I heard from a reader with $55,000 in credit card debt. She said that her options were limited for paying off the debt and asked about using debt relief services. "Will that destroy...
| Apr 24, 2014
| 8:06 AM
Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier.
The nation’s largest automaker said it earned just $108 million, or 8...
| Feb 10, 2014
| 4:12 PM
The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis.
| Feb 10, 2014
| 2:30 AM
Kiplinger's Personal Finance
It's been five years since the market hit bottom on March 9, 2009. At the time, there was no telling when the free fall would end. "Dow 5,000? There's a case for it," said a headline in the Wall Street Journal on March 9....
| Jan 23, 2014
| 11:09 AM
Vince Young made $34 million in his six years as an NFL quarterback.
Last week, the 30-year-old Young filed for Chapter 11 bankruptcy protection.
“[Young] invested in private, illiquid investments, and he overspent,” said Ed Butowsky, a...
| Mar 25, 2014
| 5:00 AM
Margie Beskau would seem to have a strong lawsuit against General Motors for millions in damages.
Eight years ago, her 15-year-old daughter, Amy Rademaker, died in a Chevrolet Cobalt — one of the cars the automaker has now admitted had a deadly...
| Apr 2, 2014
| 5:36 PM
For just a few million dollars, General Motors Co. could have replaced a defective ignition switch that ultimately has been linked to 13 deaths and is expected to cost the automaker billions in repairs, fines and litigation.
GM need only have spent an...
| Dec 23, 2013
| 3:57 PM
Columbia-based W.R. Grace & Co. cleared the last major hurdle Monday to its exit from nearly 13 years of bankruptcy protection, settling the final remaining appeal to its reorganization plan.
The chemical maker said in a U.S. Securities and Exchange...