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Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. ...more
November 3, 2009
After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of midsized and small businesses. ...more
November 1, 2009
Pasco County officials are seeking to fire Kearney Construction Inc. LLC as contractor on the stalled widening of DeCubellis Road. ...more
October 24, 2009
Finally, auction day has come for the Phoenix Coyotes. It's two days, actually. The NHL franchise is to be sold at auction in a two-day hearing that begins Thursday in U.S. Bankruptcy Court in downtown Phoenix. ...more
September 10, 2009
Company hopes to create 100 jobs B/O/T/H, a company that provides back-office help to independent contractors, could win up to $850,000 in tax refunds if it creates 100 jobs, a news release states. B/O/T/H, which stands for Back of the House, is opening a corporate headquarters in St. Petersburg. The company provides services such as IT, billing and collections to self-employed contractors. ...more
September 1, 2009
Taylor, Bean & Whitaker Mortgage Corp. of Ocala said Monday it filed for bankruptcy protection after moves this month by regulators led to a virtual shutdown of what had been one of the nation's biggest independent mortgage bankers. ...more
August 25, 2009
Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.3 billion Thursday, after the worst loss in company history a year earlier. Shares rose 9 percent in afternoon trading. ...more
July 24, 2009
Fiat plans to continue the health plans for Chrysler's retired salaried workers. However, some retirees will pay higher premiums, Chrysler lawyer Pedro Jimenez said Thursday at a bankruptcy court hearing. ...more
May 18, 2009
White House economic adviser Larry Summers is holding out hope that Chrysler can stay out of bankruptcy court. ...more
April 26, 2009
It was 10 a.m. on a Tuesday when Ray Sikorski saw his worst-case scenario coming true. ...more
March 20, 2009
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