GM Set to Close Deal on Car Loan Financer AmeriCredit

General Motors will once again have its own in-house financing unit starting Friday, when the auto giant closes on its $3.5 billion purchase of AmeriCredit. The new unit, to be renamed General Motors Financial, will allow GM to…

Chicago’s Next Mayor Could Find City Coffers Almost Empty

Chicago’s next mayor may find the city’s coffers almost empty after Richard M. Daley dipped into reserves to balance this year’s budget.

The city expects a $654.7 million deficit for 2011, Bloomberg News reported. Daley balanced this year’s budget pa…

Chicago’s Next Mayor Could Find City Coffers Almost Empty

Chicago’s next mayor may find the city’s coffers almost empty after Richard M. Daley dipped into reserves to balance this year’s budget.

The city expects a $654.7 million deficit for 2011, Bloomberg News reported. Daley balanced this year’s budget pa…