GM & Opel Unit: Anger And Confusion Over GM's Decision Not To Sell European Operation
BERLIN — General Motors Co.'s decision to scrap the sale of European subsidiary Opel raised new uncertainty Wednesday over the unit's future, as...
BERLIN — General Motors Co.'s decision to scrap the sale of European subsidiary Opel raised new uncertainty Wednesday over the unit's future, as...
Posted 11.03.2009 | Business
A little more than a year after the financial crisis took hold, most of our 401Ks are still reeling. Since its peak in 2007, the Dow Jones Index is do...
AP | DEE-ANN DURBIN and TOM KRISHER | Posted 10.31.2009 | Business
DETROIT — Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs, leaving...
James P. Hoffa | Posted 10.31.2009 | Business
When it comes to carhaul drivers, automakers are failing to meet their end of the bailout bargain and taxpayers should hold them accountable.
AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 11.02.2009 | Business
WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...
Scott Burgess | Posted 10.28.2009 | Business
An interesting tidbit came out of a recent Consumer Reports study: The more money a consumer spends on a car does not translate into a more reliable vehicle.
New York Times | VIKAS BAJAJ | Posted 10.28.2009 | Business
What is indisputable is that as the whole automotive world seems to be racing suddenly toward the age of electricity, the Reva Electric Car Company is...
Wall Street Journal | DAVID ENRICH and DEBORAH SOLOMON | Posted 10.28.2009 | Business
Treasury Department pay czar Kenneth Feinberg last week announced sharp cuts in total compensation at the finance and auto companies under his control...
Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 10.28.2009 | Business
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...
Michael B. Laskoff | Posted 10.30.2009 | Politics
Phase III: Obama Strikes Back. The Republicans are still leaderless and teabaggers have hung up their Lipton for the winter. Meanwhile, two-thirds of Americans still want health care reform.
Nancy Cronk | Posted 10.16.2009 | Living
Raising a big family was tough for my parents. Feeding eleven people on an auto-workers income meant everything my parents did required effort and creativity.
A. Haag Sherman | Posted 10.14.2009 | Politics
By re-sizing our Medicare system to one we can afford, America can avoid the fate of GM and maintain its competitive position for decades to come.
Michael Shermer | Posted 10.12.2009 | Politics
In Michael Moore's worldview, a goodly portion of the American people are ignorant, uneducated, clueless pinheads too stupid to realize the fundamental principle of a loan.
AP | TOM KRISHER | Posted 10.09.2009 | Business
DETROIT — Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment ...
Joel Epstein | Posted 10.09.2009 | Business
According to a recent report the number of millionaire households around the world fell from around 11 million in 2007 to 9 million last year. The only region going the other way -- Latin America.
Dan Siegel | Posted 10.06.2009 | Entertainment
With the glimmering hope of the Obama campaign behind us, Moore's film is a wake-up call to renew and expand America's democratic promise.
AP | KIMBERLY S. JOHNSON | Posted 09.30.2009 | Business
DETROIT — General Motors Co. said Wednesday it would shut down its Saturn brand after an agreement with Penske Automotive Group Inc. to acquire ...
AP | TOM KRISHER | Posted 09.22.2009 | Business
DETROIT — General Motors Co. will go to 24-hour operations at factories in Kansas, Michigan and Indiana to handle an expected increase in demand and...
Click On Detroit | Posted 09.21.2009 | Entertainment
DETROIT -- Controversial Michigan filmmaker Michael Moore was escorted out of the General Motors headquarters building in Detroit 20 years ago while f...
The Huffington Post | Posted 09.13.2009 | Business
When poor lending practices brought the world's biggest banks and AIG to their knees, Washington delivered hundreds of billions in financial lifelines...
Terry Gardner | Posted 09.12.2009 | Green
What good is a business's bottom line if we end up with air we can see and chew?
Associated Press | Emily Fredrix | Posted 09.11.2009 | Business
General Motors is hoping to jump-start its revival by guaranteeing car buyers that if they don't like their new Chevrolet, GMC, Buick or Cadillac, the...
Ap | Christopher S. Rugaber, AP Economics Writer | Posted 09.09.2009 | Business
WASHINGTON (AP) -- Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight pan...
Murray Fromson | Posted 09.08.2009 | Entertainment
Not in many years has television given the American viewing public an example of as impressive a documentary as HBO did Monday evening with The Last Truck: the Closing of a GM Factory.
Chris Weigant | Posted 10.16.2009 | Politics
Money wasn't just "given" to Wall Street firms. It bought something of value. And now that the firms (and the market in general) are recovering, they're starting to pay it back. With interest.
AP | GEIR MOULSON | Posted 11.05.2009 | Business