General Motors Corp. posted a $9.6 billion fourth-quarter loss and said it burned through $6.2 billion of cash in the last three months of 2008.
Columbia Management Group LLC recently changed portfolio managers at 20 teams that manage more than 55 mutual funds.
Congress today commenced an effort to determine whether legislation needs to be enacted to protect the retirement security of the country's aging population.
Obama administration begins "stress tests" to gauge the health of America's biggest banks.
Federal Reserve Chairman Ben Bernanke today backed the idea of creating an optional federal charter for insurance.
Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.
Merrill Lynch & Co. disclosed late Tuesday its 2008 losses were about $533 million more than previously reported, according to a regulatory filing.
E*Trade Financial Corp. has closed its line of four index funds with liquidations to take place no later than March 27.
Scott Eyre, a left-handed relief pitcher with the reigning World Series champion Philadelphia Phillies, has joined the roster of major-league players ensnared by the Stanford Financial scandal.
Eaton Vance Corp. said Wednesday its fiscal first-quarter profit shrank by more than half.
