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Seven banks fail, pushing 2009 tally to 52
12:29am:
Regulators close six Illinois banks and one Texas bank setting the FDIC back a total of $314.3 million.
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Job market takes turn for worse
Jul 2:
Employers cut more jobs than expected in June and unemployment rate climbed for the ninth straight month, hitting 9.5%.
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New GM, old faces
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.
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Auto supplier Lear to file for bankruptcy
Jul 1:
Southfield, Michigan-based Lear says it seeks Chapter 11 protection, has $500 million in financing to proceed with the restructuring.
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Porsche-Volkswagen showdown looms
12:50pm:
Porsche's owners are seeking an investment from Qatar that could help the automaker strike a deal to take over VW.
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More Company News
GM awaits its fate as closing arguments end
Banks brace for tough second half of '09
Weak auto sales continue into June
SEC wants investor say on TARP exec pay
General Mills profit beats street - outlook strong
Psst! Wanna own a bit of a failed bank?
Wal-Mart backs mandatory health insurance
'Goodbye and good riddance' AIG directors!
Beazer settles $50M mortgage fraud case
Taxpayers to have say on AIG
GM chief: 'Business is doing better'
U.S. presses tax evasion case against UBS
Paulson to tell his side of Merrill deal
FDA considers change to Tylenol dosages
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FORTUNE
World's 25 biggest companies
Once again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet.
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