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CHARLOTTE, N.C. -- The wait for news about the government's stress tests of big banks and a crush of earnings reports are likely to keep Wall Street on edge this [...]

Byline: CHRISTOPHER S. RUGABER AND IEVA M. AUGSTUMS; Associated Press U.S. BAILOUTS Potential aid boosts insurers Shares of large U.S. life insurance companies surged yesterday following news they may receive [...]

CHARLOTTE, N.C. -- An American International Group Inc. executive who received a retention bonus worth more than $742,000 after taxes has resigned publicly -- in an Op-Ed column in The [...]

CHARLOTTE, N.C. -- Wall Street knows it shouldn't get ahead of itself. So traders and investors are likely to go into the new week cautiously as they wait to see [...]

Byline: STEPHEN BERNARD AND IEVA M. AUGSTUMS; Associated Press NEW YORK -- The New York Attorney-General's office yesterday subpoenaed seven former Merrill Lynch & Co. Inc. executives as part of [...]

CHARLOTTE, N.C. -- Struggling insurer American International Group Inc. will receive up to $30 billion in additional federal assistance in the fourth government rescue of the company, a person familiar [...]

Byline: STEPHEN BERNARD AND IEVA M. AUGSTUMS; Associated Press NEW YORK -- A New York judge is ordering former Merrill Lynch & Co. Inc. chief executive officer John Thain to [...]

Byline: IEVA M. AUGSTUMS AND JEANNINE AVERSA; Associated Press CHARLOTTE, N.C.; WASHINGTON -- The federal government is considering a fresh multibillion-dollar aid package for Bank of America Corp. to help [...]

Byline: IEVA M. AUGSTUMS; Associated Press CHARLOTTE, N.C. -- American International Group Inc. said yesterday it is working on resolving nearly $10-billion (U.S.) in soured investments - without asking taxpayers [...]

NEW YORK -- Concerns about the health of American International Group Inc. were renewed Thursday, a day after the insurance giant said it would receive an additional $37.8 billion loan [...]

CHARLOTTE, N.C. -- The Federal Reserve on Wednesday agreed to provide insurance giant American International Group Inc. with a loan of up to $37.8 billion, on top of one made [...]

WASHINGTON -- Another day, but not just another bailout. This one was a stunning government takeover. In the most far-reaching intervention into the private sector ever for the Federal Reserve, [...]

American International Group Inc. will be allowed to use $20 billion of assets held by its subsidiaries to provide cash needed for the troubled insurer to stay in business, New [...]

CHARLOTTE, N.C. As Tropical Storm Gustav spun toward the Gulf of Mexico Thursday, insurance companies were ready to send adjusters and appraisers to assess damage from the storm if it [...]

CHARLOTTE, N.C. Securities regulators from several U.S. states on Thursday raided the St. Louis headquarters of Wachovia Securities, seeking documents and records on the company's sales practices. The move was [...]

CHARLOTTE, N.C. In the nearly steady stream of bad news about banks, many consumers are likely wondering if any bank is really safe. Those companies that did not go heavily [...]

CHARLOTTE, N.C. The government's seizure of IndyMac Bank raises concerns for many consumers about whether their banks might be next. While it is unlikely the nation will see thousands of [...]

CHARLOTTE, N.C. Wachovia Corp. has hired Wall Street investment firm Goldman Sachs Group to advise the bank on its loan portfolio, which has been slammed by the credit crunch. Wachovia [...]

Byline: IEVA M. AUGSTUMS CHARLOTTE, N.C. -- If the 77-per-cent drop in Bank of America Corp.'s first-quarter profit is any indication, the economy may have a long way to go [...]

CHARLOTTE, N.C. Bank of America Corp. is making major changes to its health care benefits, including giving employees up to $1,200 a year to spend on expenses not covered by [...]

CHARLOTTE, N.C. More troubling news erupted from the financial services sector Wednesday as Wachovia, PNC and Bank of America warned of bigger-than-expected write-downs and hinted that fourth-quarter results could be [...]

CHARLOTTE, N.C. At the North Carolina offices of mortgage lender HomeBanc Corp., Archie Clark is the only employee left. But in a few days, he'll be gone, too. 'It's pretty [...]

CHARLOTTE, N.C A little more than a year after acquiring one of the nation's top mortgage lenders, Wachovia said Thursday it would buy A.G. Edwards for $6.8 billion in a [...]

THOMASVILLE, N.C. - With the theme song from his reality television show blaring in the background, Donald Trump strode into a showroom at the world's biggest furniture trade show and [...]

CHARLOTTE, N.C. Wachovia Corp. posted a rise of nearly 13 percent in profits for the third quarter, but weak revenue growth spooked investors, who sent its shares down sharply on [...]

CHARLOTTE, N.C. Nearly two years after its stock collapsed amid an accounting fiasco, Krispy Kreme Doughnuts Inc. faces a host of lawsuits, a criminal investigation and declining sales. Meanwhile, efforts [...]

DALLAS Don't feel like renting anymore? Well, before you rush out and put money down on a two-bedroom Tudor, a suburban starter or a downtown condo, you need to think [...]

DALLAS So, you have a new job and are ready to pack up your desk. Before you walk into your boss's office and give your two weeks' notice, have you [...]