car companies

  • February 12, 2008  

    After announcing record annual losses Tuesday, General Motors said that it would offer buyouts for all 74,000 of its union employees — allowing GM to hire lower-wage workers — to help reduce costs. New York Times business reporter Micheline Maynard offers perspective on the auto industry’s financial struggles. Continue reading

  • August 16, 2007  

    Large financial institutions have shouldered much of the impact of the rattled stock market and housing numbers, but there are new concerns about the effects on the economy. Four business writers from around the country explain how the instability is hitting home. Continue reading