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- Microsoft moves to disable Zeus botnet The company is working in collaboration with financial services to disable botnets powered by Zeus malware However, security company Sophos Labs said it had not seen any "significant disruption" to the illegal
- Deteriorating Home Market Puts GMAC Unit at Risk GMAC, the finance company partly owned by General Motors, lost $2.52 billion in the third quarter, hurt by the housing slump and write-downs on vehicle leases, and said Wednesday that its mortgage unit, one
- Citi Splits Consumer Banking and Card Units ET NEW YORK (AP) -- Citigroup Inc. plans to split its consumer banking unit from its credit-card business broader reorganization to cut costs and simplify the large financial institution's structure, the company
- M&A (Strategic Buyers vs Financial Sponsors) s private-equity unit decided to sell Mando Corp., a South Korean car-parts company in its portfolio, Similarly, the recent auction for Spanish cellphone company Amena seemed tailor-made for private-equity
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