Financial news on January 10, 2009
Business and Financial news
The economy is forcing automakers, and not just the Big Three, to cut back on audacious displays at the Detroit auto show. Read more..
Ssangyong Motor Company, the smallest of the five South Korean auto makers, filed for receivership in a bid to stave off collapse. Read more..
Small cities in 25 states — almost 100 communities in all — have lost commercial air service in the last two years for a variety of reasons. Read more..
The task of saving for a rainy day seems daunting, but finding specific areas to cut back can help. Read more..
Bernard L. Madoff remained free on bail as questions arose about when he told his brother Peter B. Madoff, the firm’s chief compliance officer, of his Ponzi scheme. Read more..
The overseer of the $2.6 trillion municipal bond market says it is too lightly regulated. Read more..
The announcement that former Treasury Secretary Robert E. Rubin will step down came as Citigroup was in talks to sell an interest in its brokerage unit to Morgan Stanley. Read more..
Citing a “renewed assessment of the evidence,” a United States attorney ended a case against the former executive of Collins & Aikman. Read more..
A few things to consider if you are part of the group of Americans with undeclared accounts in Switzerland. Read more..
A trip to a rink for figure skating lessons in pursuit of exercise ends with a graceful note. Read more..