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According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging…
Ford (F) has come to an agreement with the UAW which will cut the car company’s costs enough so that…
According to Reuters, the US government may take a 40% interest in Citigroup (C). Reuters reports that the Treasury is…
Citigroup (C) Worries about bank nationalization take shares to $1.61 from 52-week high of $27.35. Bank of American (BAC) Ditto.…
Will GM (GM) and Chrysler file for protection from creditors, their unions, and supplier costs? Now there is a recent…
Does the economy get worse from here or do the government programs recently signed into law increase confidence and start…
According to Reuters, Allan Stanford was found in Virginia. Reuters reports that the stimulus is unlikely to fix state problems.…
Toyota (TM) wants GM (GM) to go out of business. Then the Japanese car company could take the No.1 market…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in…
GM (GM) says it needs more money from the federal government or it will run out of cash next month.…
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged…
According to Reuters, a poll of economists says the Japanese economy is likely to get worse. Reuters reports that Trump…
According to Reuters, Obama has dropped the idea of appointing a “car czar”. Reuters reports that Japan’s GDP is dropping…
General Motors (GM) will not file Chapter 11. The government cannot afford to see a large portion of the job…
GM (GM) and Ford (F) each used to have remarkably profitable European operations. A large part of their annual net…
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