News Source: Daily Vanguard
| about 1 year ago
While this may come as no surprise to most economists, the breadth of its trouble is vast. According to Reuters, in the last year Ford's shares have dropped 80 percent and GM's shares have dropped 90 percent. Ford, General Motors and Chrysler are all...
News Source: Asian Wall Street Journal
| about 1 year ago
As the head of the United Auto Workers union lobbied for a congressional deal to help Detroit's struggling auto makers Thursday, it became clearer that the companies and the union will need to make sacrifices in order to win federal aid. UAW...
News Source: Androscoggin News
| about 1 year ago
After going to Capitol Hill and begging for a $25 billion bailout, the three chief executives of General Motors ( GM ), Ford ( F ), and Chrysler have been sent away with a request for a "plan" by members of Congress. And if they want to get the...
News Source: Washington Post
| about 1 year ago
Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career includes editing roles at The Post and Inc. magazine. He was founding publisher and editor of The Boston Observer, a monthly journal of liberal...