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Seven banks fail, pushing 2009 tally to 5212:29am: Regulators close six Illinois banks and one Texas bank setting the FDIC back a total of $314.3 million.  More
Jul 2: Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%. More
Jul 1: Fritz Henderson has been CEO of GM for three months, but some question whether the GM-lifer can make needed changes in its management culture. More
Jul 1: Southfield, Michigan-based Lear says it seeks Chapter 11 protection, has $500 million in financing to proceed with the restructuring.  More
12:50pm: Porsche's owners are seeking an investment from Qatar that could help the automaker strike a deal to take over VW. More
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World's 25 biggest companiesOnce again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet. More
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