News Source: Star Tribune
| 11 months ago
The head of Ford Motor Co. says the company is working hard to "transform our business" into a more profitable one that meets 21st century demands for fuel-efficient vehicles. Ford's chief executive officer, Alan Mulally, said he'll make that...
News Source: Truthdig
| 11 months ago
The Chief executives of the big three American car companies head to Washington Tuesday along with the head of the United Auto Workers to beg Congress for a bailout that seems less and less probable. Lawmakers are loathe to head back to the...
News Source: MarketWatch
| 11 months ago
U.S. stocks ended with sharp losses on Monday, nearing lows of last month, as Alcoa stumbled on a brokerage downgrade and as Citigroup said it would cut over 50,000 jobs. The Dow Jones Industrial Average fell 233 points, the Nasdaq Composite lost 34...
News Source: Miami Herald
| 11 months ago
The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. Yahoo Inc. founder Jerry Yang has never...