Posted by Reuters: Business News on December 14, 2010
NEW YORK/CHARLOTTE, North Carolina (Reuters) – Two regional U.S. banks plan to repay their government bailout loans, a sign of health that could put pressure on other lenders to shed government aid.
Posted by Reuters: Business News on December 13, 2010
NEW YORK/CHARLOTTE, North Carolina (Reuters) – Two regional U.S. banks plan to repay their government bailout loans, a sign of health that could put pressure on other lenders to shed government aid.
Posted by Reuters: Business News on August 24, 2010
WASHINGTON (Reuters) – Sales of previously owned U.S. homes took a record plunge in July to their slowest pace in 15 years, underlining the housing market’s struggle to find its footing without government aid.
Posted by Reuters: Business News on May 18, 2010
WASHINGTON (Reuters) – Housing starts touched a 1-1/2-year high in April, but a drop in building permits to a six-month low implied the housing market recovery may struggle to gain momentum without more government aid.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – Housing starts touched a 1-1/2-year high in April, but a drop in building permits to a six-month low suggested the housing market recovery may struggle to gain momentum without more government aid.
Posted by Reuters: Business News on January 11, 2010
DETROIT (Reuters) – U.S. automakers and officials at the Detroit auto show struck an optimistic yet cautious tone on Monday as they sought to put a toxic year of slumping sales and massive government aid behind.
Posted by Reuters: Business News on December 30, 2009
WASHINGTON (Reuters) – The Obama administration said on Wednesday it would provide GMAC Financial Services an additional $3.8 billion of government aid, raising the government’s stake in the company to 56 percent from 35 percent.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – GMAC Financial Services is expected to get about $3.5 billion in additional U.S. government aid to help the troubled lender absorb mortgage losses, a financial industry source familiar with the matter said on Wednesday.
Posted by Reuters: Business News on December 5, 2009
FRANKFURT (Reuters) – General Motors will not cut more jobs at Opel in Germany if the German government refuses to give state aid although the U.S. carmaker said it remains confident that Berlin will soften its current stance.
Posted by Reuters: Business News on December 3, 2009
NEW YORK (Reuters) – Stocks were little changed on Thursday as data showing that the vast U.S. services sector contracted in November stoked concerns about the strength of the recovery, offsetting Bank of America’s plan to repay $45 billion of government aid.
