The problem of faulty foreclosure documents isn’t limited to GMAC: A JPMorgan Chase employee has testified that she was one of eight managers who combined to sign some 18,000 documents a month without the personal knowledge of …
When Apple first entered China with its wildly popular iPhone, the response was warm but not overly so. The iPhone 4, however, is off to a gangbuster start. If Apple can keep tapping China’s potential, fervent shareholders coul…
Italian automaker Fiat reportedly is looking to acquire a bigger stake in Chrysler Group, and may seek to sell shares in its Ferrari sports-car unit in an initial public offering to help fund the purchase, unnamed sources told …
The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin converting its $49 billion preferred stak…
Studios including Sony Pictures (SNE), Walt Disney Co. (DIS) and Warner Bros. (TWX) are in talks with cable companies about offering movies soon after their theater release for as much as $30 per showing.
The companies are in …