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- DETROIT (Reuters) - Finance company GMAC on Wednesday said it would restructure its auto finance unit, cutting about 930 jobs and closing offices to conduct business from five regional offices in North America. The job cuts represent about 15 percent ...
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- Island Savings Credit Union and Coastal Community Credit Union are in first stage discussions of what could turn into a merger. Loren DeLarge, Island Saving spokesman, said the two parties are not about to sign anything soon, but are examining the benefits of merging.
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- The bond for a career criminal has been set at nearly $215,000 for a dozen different charges, and more could be on the way. Authorities say Lucas George Cates could face identity theft and credit card abuse charges.
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- Alltel's CEO Scott Ford said in an interview with the Arkansas News Bureau that a carrier must be nationwide in order to be relevant in today's industry, and to rectify that, during his tenure as the chief executive at the fifth largest U.S. carrier, he tried to buy Sprint , T-Mobile and even AT&T Wireless.
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