News Stories Related To: White House: General Motors to File for Bankruptcy...
By: TaniaRana 
White House: General Motors to File for Bankruptcy... General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection...
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- News Source: Uinta County News | 6 months agoNorth American newsprint manufacturing giant AbitibiBowater Inc. received final bankruptcy court approval of up to $600 million to finance operations during its reorganization. Bloomberg reports this afternoon that the loan from Fairfax Financial...
- News Source: Turkish Press | 6 months agoSenate Republicans on Thursday unveiled legislation that would distribute the US government's stakes in beleaguered auto companies Chrysler and General Motors to taxpayers. The measure, backed by four lawmakers, would thwart plans by President Barack...
- News Source: The Economic Times | 6 months agoGeneral Motors bond trading shows investors are betting its government-backed bankruptcy will create a company with a higher market value than Ford Motor, the only major US automaker to shun a federal rescue. Bondholders will have a claim to about a...
- News Source: CNN | 6 months agoThe General Motors bankruptcy is the fourth-largest in history...For those who feel a bit confused, here's a quick primer on GM's Chapter 11 filing, including the events that led up to it, and the shape of things to come. What forced the bankruptcy?
- News Source: Androscoggin News | 6 months agoThe Associated Press plans to launch a new column aimed at covering "the cultural side of Washington, from the personalities and behind-the-scenes activities of the Obama White House to the pecularities and intrigue that make the nation's capital...
- News Source: Simi Valley - Moorpark Examiner | 6 months agoInvestors are gently adding to their gains a day after rushing into the stock market. The advance on Tuesday at times pushed the Dow Jones industrial average into the black for 2009. The blue chips had been down by as much as 25.4 percent for the...
- News Source: Associated Press | 6 months agoA White House official says President Barack Obama will nominate Republican Rep. John McHugh as secretary of the Army. McHugh has represented New York in Congress since 1993 and is ranking GOP member of the House Armed Services Committee. The...
- News Source: Honolulu Advertiser | 6 months agoThe first day of the rest of General Motors Corp.'s existence began at 7:57 a.m. yesterday with the filing of the fourth-largest bankruptcy ever, a venture that will strip the company of 14 plants and 17,000 U.S. jobs, while costing the governments...
- News Source: Times of India | 6 months agoGeneral Motors announced on Tuesday that it had signed a framework agreement with an unnamed buyer to sell off its Hummer brand before the end of the third quarter, in a move it said would save 3,000 jobs in the United States. GM in June said it was...
- News Source: United Press International | 6 months agoThe U.S. government is pushing for a surgical bankruptcy for General Motors Corp. with an emergence from court by July 10, court documents show. Bankruptcy Judge Robert Gerber in New York Monday granted General Motors Corp. permission to tap into $15...
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