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According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes…
GM (GM) says it has plenty of money on hand for tough times. So do Ford (F) and Chrysler. Based…
Ford (F), GM (GM), and Chrysler have continued to maintain the hope that car sales will turn in the second…
According to Reuters, AIG (AIG) lost $7.8 billion in the last quarter and will have to raise money. Reuters reports…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper…
Owning one of those new cars that runs on ethanol or electricity may be more expensive than the old-school gas…
April sales at GM (GM) fell 16.2% to 257,638. Adjusted for two extra selling days sales dropped 22.7% led by…
Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks.…
GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares…
According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers…
Ford’s stock has gone through a series of spasms the last few days. First the company said it has made…
According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have…
The shell game of controlling gas and diesel prices in China is not terribly clever, but it has worked. The…
The tendency among buyers of auto stocks is to look at falling expenses at the big firms like GM (GM)…
Our top personal finance-related articles today. Your wallet will thank you later.