WASHINGTON (Reuters) - Insurance companies that applied for capital injections from the government's $700 billion financial bailout fund could get approval as soon as Monday, two sources familiar with the matter said on Saturday.
WILLIAMSBURG, Virginia (Reuters) - U.S. Treasury chief Timothy Geithner said on Saturday that banks getting public aid under a new rescue plan must help struggling homeowners by reworking their mortgages, according to Democratic sources.
CHICAGO (Reuters) - General Motors Corp. is developing a plan to fire up to 5,000 salaried employees as it tries to cut costs by a March 31 deadline to keep $13.4 billion in U.S. government aid, according to a Bloomberg report.
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