multibillion dollar

A multibillion-dollar effort to restore Florida's Everglades has made little progress amid funding shortfalls, bureaucratic red tape and disagreements, according to a congressionally mandated report that warns the vast wetland is in peril.

Nervously eyeing the markets' next trading session, congressional Democrats and Republican senators pushed for an agreement Saturday on a multibillion-dollar bailout for the financial sector.

The investment fund Cerberus Capital Management is racing to salvage multibillion-dollar investments in the automaker Chrysler and GMAC, the financing arm of General Motors.

Missouri Secretary of State Robin Carnahan is announcing a multibillion-dollar agreement with Wachovia Securities.

Want to build a phone company for $100? Give Mark Spencer a ring. In a research park outside the low-key bustle of downtown Huntsville, Ala.

Mark Spencer finishes his barbecue and resumes wreaking havoc on the multibillion-dollar phone equipment business.

"We were expecting this decision; we were hoping for it"

A French court on Tuesday ordered the release of a jailed Societe Generale trader blamed for multibillion dollar losses at the bank, a spokesman for the trader said.

Jerome Kerviel was expected to leave Paris' grim La Sante prison later in the day.

He has been held there since Feb. 8. Spokesman Christophe Reille did not elaborate on the order to free Kerviel.

The trial on the most serious criminal charges in the multibillion-dollar failure of the Parmalat dairy empire opened Friday, more than four years after the company acknowledged a crushing debt that would lead to Europe's biggest corporate bankruptcy.

When big banks have multibillion-dollar holes on their balance sheets, they make harsh margin calls even to their healthier clients. Here's how one fund got crunched by the credit crisis.

"She was admitting to what in the worst of all worlds we thought might be happening."