Merrill Lynch & Co. on Thursday reported a $4.9 billion loss amid massive write-downs from soured mortgage positions and other risky investments, and unveiled plans to raise money by unloading assets.

Merrill Lynch & Co. says it swung to a loss in the second quarter amid massive write-downs from soured mortgage-backed securities and other risky investments.

Bills running back Marshawn Lynch had his driver’s license revoked in traffic court on Friday after saying he didn’t know he hit someone while driving on a Buffalo street last month.

Bills running back Marshawn Lynch will temporarily lose his drivers license and pay $150 in fines after admitting Friday he was driving his SUV last month when he hit a woman crossing a street and left the scene.

The Bills’ Marshawn Lynch has admitted he was behind the wheel of his SUV when he hit a woman and left the scene a month ago.

Buffalo Bills running back Marshawn Lynch will plead guilty next week in a hit-and-run accident involving his SUV, Erie County district attorney Frank Clark said Friday.

Erie County District Attorney Frank Clark says Buffalo Bills running back Marshawn Lynch will plead guilty next week to an unspecified charge stemming from a hit-and-run accident involving his SUV.

A law enforcement official familiar with the case says Buffalo Bills chief operating officer Russ Brandon has been subpoenaed to appear before a grand jury looking into a hit-and-run accident involving running back Marshawn Lynch’s SUV.

Three Buffalo Bills players and a high-ranking team official have been subpoenaed to testify before a grand jury looking into a hit-and-run accident involving running back Marshawn Lynch’s SUV, police said Thursday.

Police investigators are growing impatient with Buffalo Bills running back Marshawn Lynch and his failure to meet with them more than three days after his vehicle was involved in a hit-and-run accident.