Business News AOL Canada, Canada - 48 minutes ago TORONTO - It's highly likely General Motors will be forced to seek bankruptcy protection if the US and Canadian governments don't reach a decision soon on a ...
Panic in Detroit as CEOs and workers stare into the abyss guardian.co.uk, UK - 1 hour ago Bloomberg news reported yesterday that the president-elect's advisers are talking to lawyers about an auto bankruptcy, a prospect dismissed as "pure ...
US stocks rally on key Obama pick Express Buzz, India - 20 minutes ago The failure of US automakers, including General Motors Corp, to secure an immediate government bailout to avert possible bankruptcy lingered, ...
Automakers need to make case for government aid eTaiwan News, Taiwan - 42 minutes ago If just one of the automakers should declare bankruptcy, some estimates put US job losses next year as high as 2.5 million. Congress is weighing a tricky ...
Citi shares plunge 20% on lack of plan Express Buzz, India - 20 minutes ago "Now I know what the people at Lehman Brothers felt like," one bank staffer said, referring to the investment bank that filed for bankruptcy protection on ...
Dow up 494 as Obama prepares to name treasury boss News 8 KFMB, CA - 5 minutes ago The prospect of a bankruptcy filing by one or more of the companies has added to Wall Street's worries about the state of the economy. ...
Southern states add to their Boeing sales pitch: permissive labor ... San Antonio Business Journal, TX - 15 minutes ago ... and Alabama have added five auto plants since 1993; none of them is from the big three domestic automakers now teetering on the precipice of bankruptcy. ...
Toward the tipping point Washington Times, DC - 20 minutes ago His book "Bankrupt: The Intellectual and Moral Bankruptcy of Today's Democratic Party" was released recently in paperback.
Citigroup continues road to perdition PRESS TV, Iran - 47 minutes ago ... Federal Reserve Chairman Ben S. Bernanke may favor a rescue to avoid the chaotic aftermath of Lehman Brothers Holdings Inc.'s bankruptcy in September. ...
Automakers need to make case for government aid Forbes, NY - 44 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Congress is weighing a tricky ...
Bankruptcy judge approves sales of Boscov's The Evening Sun, PA - 23 minutes ago A Delaware bankruptcy judge on Friday approved the sale of regional department store chain Boscov's to two former executives. Judge Kevin Gross cleared the ...
Indictment in illegal alien case Times of the Internet, Ohio - 6 minutes ago The company filed for Chapter 11 bankruptcy this month, after being slapped with $10 million in fines from the Iowa labor commissioner's office. ...
Geithner, Obama's pick for Treasury, has faced crises before Tucson Citizen, AZ - 28 minutes ago Cramer blamed him for the decision to let Lehman Brothers Holdings Inc. file for bankruptcy in September. Geithner spent most of his childhood abroad, ...
GM cuts output, jets as US demands turnaround plans StarPhoenix, Canada - 32 minutes ago The companies have said federal aid is the only alternative to bankruptcy and massive job losses. The letter will demand that automakers provide by December ...
US stocks surge Brisbane Times, Australia - 15 minutes ago The failure of US automakers, including General Motors, to secure an immediate government bailout to avert possible bankruptcy lingered, although GM and ...