Ten Reasons Why the Auto Bailout is a Bad Idea NewsMax.com, FL - 33 minutes ago Bankruptcy isnt all bad. It doesnt mean liquidation. It means taking the painful steps the companies have been unwilling to contemplate to date. ...
Dollar, euro hold in narrow ranges as prospects darken Petroleumworld.com, Venezuela - 25 minutes ago Dealers said the possibility of such a bankruptcy actually helped the dollar because investors believe that despite all the problems it is still a safer bet ...
Democrats demand US Big 3 offer survival plan StarPhoenix, Canada - 56 minutes ago Amid warnings that General Motors might be facing bankruptcy by the end of the year, a bipartisan group of US senators sketched out a possible compromise. ...
GM shares hit 70-yr low as quick bailout hopes dim Deepika, India - 51 minutes ago Even with a government bailout, Magliano said he saw a 25 percent change of bankruptcy for either automaker amid the credit crisis that has pushed US auto ...
Brazil's once booming ethanol sector hits brakes The Plain Dealer - cleveland.com, OH - 51 minutes ago One large ethanol maker filed for bankruptcy last week to restructure $100 million in debt it could not pay. Analysts and sugarcane growers predict others ...
Dems delay auto bailout vote, seek plan from Big 3 Herald Zeitung, TX - 51 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Associated Press writers Ken Thomas, ...
Local Dana retirees say change must come to save US automakers LimaOhio.com, OH - 37 minutes ago When Dana went through bankruptcy a couple of years ago, McClurg said, the union came up with $100 million in concessions out of the $125 million the ...
Economy takes it on the chin as markets, loonie, oil price plunge Metro Canada - Ottawa, Canada - 35 minutes ago TORONTO - Falling oil prices, a plunging dollar, predictions of a big deficit next year and fears of a Big Three bankruptcy: a relentless barrage of ...
Auto aid effort collapses _ December reprieve? Examiner.com - 41 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Michigan's Democratic Gov. ...
Eller Maritime battles creditors South Florida Business Journal Bizjournals.com, NC - 12 minutes ago At a Thursday hearing in bankruptcy court, lawyers for Eller and Carnival discussed the status of an ongoing forensic accounting that is trying to establish ...
UPDATE 1-China fund in talks for stake in AIG unit-report Interactive Investor, UK - 39 minutes ago AIG, once the world's biggest insurer by market value, averted bankruptcy in September with an $85 billion federal bailout but the aid ballooned to $152 ...
Dems delay auto bailout vote, seek plan from Big 3 WOKV, FL - 57 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Associated Press writers Ken Thomas, ...
Stocks slide as hopes for automaker deal fade MarketWatch - 23 minutes ago With concerns about a possible bankruptcy continuing to hit the stock of the auto giant, GM's financing unit GMAC applied to become a bank-holding company ...
