Washington Business News

Ten of the 12 bank-collapse reviews released by the Fed and Treasury inspectors general this year fault oversight weaknesses including failure to limit excessive concentration in commercial real-estate loans. Examiners from the Fed, and Treasury's Office of the Comptroller of...

Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week. The Fed said Friday that commercial banks averaged $19.9 billion in daily borrowing over the week that ended Wednesday...However, it is still $73.7 billion lower...

Under the plan, approved Tuesday by Frontier's board, 10 existing Frontier shares were effectively combined into one new share, presumably worth 10 times as much. Frontier's 47.1 million shares of stock have been reduced to 4.7 million. The move brought...

Originally published Wednesday, November 25, 2009 at 11:13 AM A white Christmas in Seattle?...National Climatic Data Center Tagline Dreaming of a white Christmas?...National Climatic Data Center, home to one of the world's largest archives of weather data, The center bases...

Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp. In a regulatory filing with the Securities and Exchange Commission, government-backed...

MSN Web portal a long-overdue makeover and says it hopes the new site will funnel more people to Bing, the software maker's search engine. Microsoft is ditching the heavy blue background and stack of tiny text and menus across the...