Friedman, Billings, Ramsey Group Inc. says its shareholders have approved the company?s plan to formally change its corporate name to Arlington Asset Investment Corp., and says it may enter the banking business. (FBR)
Ju-Don Roberts, managing editor of washingtonpost.com, stepped down on Friday, another sign that the merger between The Washington Post's online and print operations is hitting plenty of bumps in the road. (WPO)
A Congressional proposal would require Chrysler and General Motors to use any government funds they receive to fully reimburse their rejected dealerships for vehicles and parts while the automakers are in Chapter 11 bankruptcy.
