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Nov. 6 (Bloomberg) -- Cerberus Capital Management LP may forfeit control of GMAC LLC as part of a plan to convert the faltering auto-loan company into a bank with greater access to government funds, three people familiar with the matter said.
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Cash-strapped General Motors Corp. said it will delay reimbursing its dealers for rebates and other incentives later this month, an indication that the company is starting to have cash-flow problems.
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RAM Energy Resources, Inc. (Nasdaq: RAME) today announced third quarter 2008 production, earnings
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An Iowa college is closing its doors after this semester - a victim of a poor economy and rising debt.
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