stock market

UM professor named in $276 million insider trading scandal

Mark Brush

In what is being called "the most lucrative insider trading scheme ever charged," federal prosecutors are filing a criminal case against Mathew Martoma, a…

Treasury Dept: state retirement funds sound, despite stock market decline

Steve Carmody

The people who manage more than 50 billion dollars in state retirement funds say the recent stock market drop should not be a serious long term problem.…

U.S. Treasury Department, Washington, D.C.

Treasury Department hopes to sell off remaining GM stock within 2 years

Zoe Clark

The head of the government's bailout program says the U.S. Treasury Department hopes to sell its remaining shares of General Motors stock over the next…

Just what does GM's IPO mean for Michigan

Zoe Clark

General Motors (GM) stock returned to trading on Wall Street yesterday for the first time since the company collapsed, declared bankruptcy, and was…

GM boosts stock price

Zoe Clark

General Motors says it’s raising the price range for its initial public stock offering.The stock will sell for $32 to $33 per share.That price range is…