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CHARLOTTE, N.C.
NASCAR squeezes horsepower down on Toyota motors
- NASCAR tried to even out the competition in the Nationwide Series on Wednesday by ordering all teams using Toyota motors to squeeze down their horsepower before this weekend's race in Indianapolis.
NASCAR cutting Toyota horsepower before Brickyard
- NASCAR tried to even out the competition in the Nationwide Series on Wednesday by ordering all teams using Toyota motors to squeeze down their horsepower before this weekend's race in Indianapolis.
NASCAR cutting Toyota horsepower before Indy race
- NASCAR tried to even out the competition in the Nationwide Series on Wednesday by ordering all teams using Toyota motors to squeeze down their horsepower before this weekend's race in Indianapolis.
Investors question financial sector rebound
- Surprisingly large second-quarter losses at Wachovia Corp. and Washington Mutual Inc. have quickly revived concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis.
- Surprisingly large second-quarter losses at Wachovia Corp. and Washington Mutual Inc. have quickly revived concerns that the financial sector still has a long way to go before it recovers from the year-old credit crisis.
Newman, Stewart play coy on potential partnership
- If Ryan Newman is indeed in line to join Tony Stewart's new team next season, neither driver is saying.
Wachovia loses $8.9B, cuts 6,350 workers, dividend
- Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. The bank said it lost $8.86 billion, is slashing its dividend and eliminating 10,750 positions after losses tied to mortgages soared.
- Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. The bank said it lost $8.86 billion, is slashing its dividend and eliminating 10,750 positions after losses tied to mortgages soared.
Wachovia has near 9 billion dollar loss, cuts 6,350 jobs
- Charlotte, North Carolina-based Wachovia says it lost nearly 9 billion dollars in the second quarter. It says it will cut more than 6,300 jobs.
Wachovia has $8.9B loss, cuts 6,350 jobs, dividend
- Wachovia Corp. lost $8.86 billion in the second quarter, and said Tuesday it was slashing its dividend and cutting 6,350 jobs after losses tied to mortgages soared.
- Wachovia Corp. lost $8.86 billion in the second quarter, and said Tuesday it was slashing its dividend and cutting 6,350 jobs after losses tied to mortgages soared.
Wachovia has $8.9B loss, exits wholesale mortgage
- Wachovia says it lost $8.86 billion in the second quarter, hurt by a big goodwill charge and an increase in reserves for bad loans as mortgage defaults soar.
Wachovia exits wholesale mortgage lending business
- Wachovia Corporation, the nation's fourth largest-bank, said Monday that it is leaving the wholesale mortgage lending business.
Panthers sign draft picks Godfrey and Schwartz
- The Carolina Panthers signed third-round draft pick Charles Godfrey and seventh-rounder Geoff Schwartz on Monday, leaving them with only two unsigned draft choices.
- The Carolina Panthers signed third-round draft pick Charles Godfrey and seventh-rounder Geoff Schwartz on Monday, leaving them with only two unsigned draft choices.
Panthers sign 2 draft picks
- The Carolina Panthers signed third-round draft pick Charles Godfrey and seventh-rounder Geoff Schwartz on Monday, leaving them with only two unsigned draft choices.
BofA 2Q profit shrinks, beats Wall Street
- Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations.