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Credit score of 700required by GMAC
Credit score of 700 required by GMAC GMAC LLC, the consumer finance arm of General Motors Corp., will limit auto loans to customers with credit scores of at least 700, making it harder for some customers to buy a car or truck.

Outlook: A Too-Wonderful Lifestyle
"For three generations, suburban homesteading has been underwritten by our infrastructure spending, our zoning policies, our banking regulations and our tax code. Easy credit, inexpensive mortgages, cheap gasoline, wide-open highways, the heavy hand of federal regulators on any bank that declined to lend in low-income or minority neighborhoods -- if it made homeownership cheap and suburbia ...

GM closing two plants; 2,700 workers will lose jobs
General Motors' efforts to hoard cash and outlast a prolonged economic slump claimed the jobs of more than 2,700 workers Monday as the automaker announced the demise of factories in Michigan and Wisconsin.

Business Digests
Dr. Robert Mandel has been named by BlueCross BlueShield of Tennessee to serve as senior vice president of health care services. His responsibilities include overall clinical strategy, transformative medical management delivery and clinical network operations for the company's commercially insured members, a news release said.

Credit’s Crunch & Car Sales
It’s been a rewarding career, following the reporting on major issues and economics over the past 16 years and getting to refute incorrect statements or facts with which reporters too often validate false stories.

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SHENZHEN is leading the People's Republic from industrial powerhouse to Western-style services economy.

GM and Ford may be too big to fail
Given the automakers' pervasive presence in the U.S. economy and their value as symbols of industrial might, many believe they wouldn't be allowed to go under. With sales of General Motors and Ford vehicles down more than 17% this year and the companies' stock prices at lows not seen in decades, one might expect the bankruptcy vultures to be circling over Detroit.