Struggling Homeowners Try To Avoid Foreclosure (FOX 2 News St. Louis)

Hundreds of struggling homeowners are filling the Chaifetz Arena at St. Louis University trying to make a last ditch effort to stay in their homes and avoid foreclosure. It’s being called the “Save the Dream” tour as thousands of St. Louisians gather at St. Louis University trying to save their dreams and their homes. Charceda Wiley says she’s in a two-year ARM that has kept adjusting every …

GM Said to Back RHJ Offer or Bankruptcy for Opel Over Magna Bid - Bloomberg

Reuters

GM Said to Back RHJ Offer or Bankruptcy for Opel Over Magna Bid Bloomberg s Opel unit may be forced into bankruptcy should the US automaker and the German government fail to agree on a buyer, according to three people close to the … Opel may enter bankruptcyAutocar Opel could be pushed into bankruptcy, report saysAutomotive News German state premier sees Opel decision next weekReuters Toronto Star -Business Standard -Reuters all 192 news articles »

Crescent paid execs $9m before bankruptcy - CharlotteObserver.com

Crescent paid execs $9m before bankruptcy CharlotteObserver.com Charlotte developer Crescent Resources paid its top executives $9.2 million in the year before filing for bankruptcy protection in June, … and more »

Honda recalls another 440,000 vehicles

Honda Motor Co. said Friday it widened a previously announced recall to add 440,000 cars that could have a lethal airbag defect.

Illinois files bias suit against Wells Fargo

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Dow ends best July in 20 years

Stocks were little changed Friday after a report showed the pace of the recession is slowing, but the market managed to post its best July in decades.

Treasurys survive $200 billion onslaught

Treasury prices rose Friday after a record week of debt sales ended on a high note, easing some fears that foreign demand for U.S. debt is wearing thin.

Finlay Said to Get 2 Bids Before Possible Bankruptcy - Bloomberg

Finlay Said to Get 2 Bids Before Possible Bankruptcy Bloomberg The company would join retailers including Fortunoff Holdings LLC and Whitehall Jewelers Holdings Inc., which filed for bankruptcy in the past 14 months as … Finlay Receives Two Bids Before Possible Bankruptcy FilingJewelers Circular Keystone Online all 2 news articles »

Stimulus has yet to really boost GDP

The nation’s economy is starting to rebound, but the Obama administration’s massive stimulus package had little to do with it.

Mercantil Commercebank seeks $31M in foreclosures - Bizjournals.com

Mercantil Commercebank seeks $31M in foreclosures Bizjournals.com Mercantil Commercebank filed three foreclosure lawsuits, seeking a combined $31 million against planned development projects in southern Miami-Dade County. … and more »

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