Nonfarm payrolls plunge in February, the second monthly decline in a row. Citigroup slashes its mortgage holdings.
Ambac raises $1.5 billion.
Dow falls below 12,000 after jobs report
Nonfarm payrolls plunge in February, the second monthly decline in a row. Citigroup slashes its mortgage holdings. Ambac raises $1.5 billion....
Citi to buy back $7 billion in bonds
After some nudging by authorities, Citigroup says it'll buy back billions of dollars worth of auction-rate securities to settle accusations of...
GM shares plunge on bankruptcy fears
The company faces so many problems, a Merrill Lynch analyst says, that bankruptcy isn't out of the question. Here's why it also may be unlikely.
ExxonMobil dodges $2 billion payout
A Supreme Court ruling this week slashes punitive damages stemming from the 1989 Valdez tanker disaster. In boardrooms across the country, top...
Will Fed cut and say 'done'?
Observers tune into the Federal Reserve's statement for clues about the bank's next steps. GM surprises Wall Street. First-quarter GDP is better than...
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