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Fed Approves Wells Fargo's Wachovia Buy

Posted: 10/13/2008 - The Federal Reserve has approved Wells Fargo's $11.7 billion acquisition of Wachovia, removing the deal's last major regulatory hurdle.

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Reports Hint That GM, Cerberus In Talks

Posted: 10/13/2008 - In the midst of tough economic times, there's speculation that General Motors and Chrysler may be considering some sort of merger.

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Qwest Reaches Tentative Agreement With Union

Updated: 10/13/2008 - Qwest Communications International says it has reached a tentative contract agreement on a four-year contract with a union representing about 20,000 employees.

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Bank of America Settles Lawsuit Over Bad Mortgages

Posted: 10/06/2008 - Facing a lawsuit over deceptive mortgage practices, a Bank of America subsidiary will modify tens of thousands of loans to help keep people in 11 states from losing their homes.

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Copyright Board Leaves Royalty Rate Unchanged

Posted: 10/03/2008 - The federal Copyright Royalty Board has left the royalty that songwriters receive on sales of CDs and digital downloads at 9.1 cents per song for the next five years.

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