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.
The number of newly laid-off Americans seeking unemployment benefits rose far more than expected last week.
Fidelity Investments plans to increase its presence in the municipal-bond market, firm executives said in an interview.
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.
Navy Federal Asset Management LLC today announced the launch of a new managed account platform in partnership with FundQuest Inc. of Boston.
Congress today commenced an effort to determine whether legislation needs to be enacted to protect the retirement security of the country's aging population.