Administration accepts some Dem demands in bailout bill, but haggles over exec compensation...
PITTSBURGH, Sept 25 - Group of 20 leaders on Friday instructed the International Monetary Fund to determine ways that the financial services industry could help pay for the cost of bailing it out when problems...
* U.S. to give next TARP repayment approvals as a batch * Big firms anxious to repay but must wait for gov't OK * U.S. sees next approvals for big banks near end of year...
HUNTSVILLE, Alabama, August 13 - Rising pay in the finance sector in the wake of the global financial crisis is no surprise and...
WASHINGTON, March 30 - A group of African-American lawmakers summoned Federal Reserve Chairman Ben Bernanke to Capitol Hill on Monday for a closed-door meeting aimed at making sure minorities and women get their share of...
THE US House of Representatives approved a bill yesterday to lend up to US$14 billion to the three struggling US automakers, General Motors Corp, Ford Motor Co and Chrysler LLC.
White House and congressional negotiators sought on Sunday to resolve remaining differences over an emergency rescue for the struggling auto industry, a stark symbol of the deepening U.S. economic crisis...
There is broad understanding of distress but no consensus yet in Congress to rescue U.S. automakers as industry chiefs hope on Friday to advance their case in a second appearance before lawmakers in two days.
NEW YORK, Nov 17 - Popular outrage over lavish banker pay that prompted Goldman Sachs and UBS to deny bonuses for top executives may force other banks getting government aid to eliminate year-end bonuses, compensation...
GREENSBURG, Indiana, Nov 17 - The rest of the country may have been debating the possible bankruptcy of America's iconic automakers on Monday, but in southeast Indiana more than 1,000 U.S. workers were cheering the...