The Greece's government survived a confidence vote late Tuesday, a crucial first step towards thwarting the euro zone's first sovereign debt default.
Chrysler Holding, parent company of Chrysler LLC, the besieged automaker that had opted for Chapter 11 protection last year, repaid $1.9 billion loan to the U.S. Treasury Department.
Port-au-Prince, Haiti, January 18 -- Western hemisphere's poorest country was rendered even poorer six days back when a devastating earthquake wreaked havoc on it.
Los Angeles, CA, January 3 -- Preacher Rick Warren's plea for donations led to a mind boggling response from parishioners!
New York, December 31 -- GMAC may not have been able to garner sufficient capital on its own, but the erstwhile part of General Motors, known as General Motors Acceptance Corporation for years, has found a knight in shining armor in the Treasury Department.
Istanbul, October 4: France and the U.K. have pledged to loan the International Monetary Fund (IMF) $4 billion at low interest rates to assist the Washington-based lender finance poor countries hit hard by the current economic recession.