Chrysler CEO Sergio Marchionne says the automaker is on firmer financial footing as it attempts to revive the company’s sagging fortunes.

Chrysler CEO Sergio Marchionne says the automaker is on firmer financial footing as it attempts to revive the company’s sagging fortunes.

A judge in Virginia has approved a plan for Michael Vick to repay $20 million to his creditors and emerge from bankruptcy. U.S. Bankruptcy Judge Frank Santoro approved the plan Thursday on the condition that Vick retain a personal financial planner to manage his future earning with the Philadelphia Eagles.

General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars people are eager to buy. Once the world’s largest and most powerful automaker, new GM is now leaner, cleansed of massive debt and burdensome contracts that would have sunk it without federal loans.

The auctions of the Fayette County houses belonging to former heavyweight Champion Evander Holyfield and to state schools Superintendent Kathy Cox have been postponed.

A bankruptcy judge says General Motors can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy.

A bankruptcy judge says General Motors can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy.

When the United Football League debuts in October, Michael Vick could be one of its players. Michael Huyghue, the commissioner of the new four-team league, says the UFL is willing to give Vick a place to play, provided there are no pending legal issues. His rights belong to the Orlando franchise.

Suspended NFL star Michael Vick has submitted a revised bankruptcy plan that funnels more of his future earnings to creditors, though a judge did not immediately rule on the proposal.

Suspended NFL star Michael Vick has submitted a revised bankruptcy plan that funnels more of his future earnings to creditors, though a judge did not immediately rule on the proposal.

Suspended NFL Star Michael Vick is leaving a job with a Virginia construction company to work with youngsters at Boys & Girls Clubs.

Suspended NFL Star Michael Vick is leaving a job with a Virginia construction company to work with youngsters at Boys & Girls Clubs.

One of Michael Vick’s lawyers has withdrawn from his bankruptcy case. Peter Ginsberg says in court papers filed with the U.S. Bankruptcy Court in Newport News that his withdrawal is in the suspended NFL star’s best interests.

Extended Stay Hotels LLC has filed for Chapter 11 bankruptcy protection. The Spartanburg, S.C.-based company’s brands include Extended Stay Deluxe, Extended Stay America Efficiency Studios, Homestead Studio Suites, StudioPLUS Deluxe Studios and Crossland Economy Studios. It operates more than 650 hotels in the U.S. and Canada catering to long-term business travelers.

Extended Stay Hotels LLC has filed for Chapter 11 bankruptcy protection. The Spartanburg, S.C.-based company’s brands include Extended Stay Deluxe, Extended Stay America Efficiency Studios, Homestead Studio Suites, StudioPLUS Deluxe Studios and Crossland Economy Studios. It operates more than 650 hotels in the U.S. and Canada catering to long-term business travelers.