Lenders Ease Mortgage Rules in Hunt for Business
Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in the housing market.
New Tax Bug Bites Tech Companies
First-quarter corporate earnings are getting clipped after Congress allowed a key tax credit to expire at year-end. Google is among the latest to cite the expired research-and-development tax credit for affecting its financial results.
GM Sales Rise Despite Controversy
The head of General Motors' North American operations, Alan Batey, said April U.S. vehicle sales are on pace for "a good month."