Jun 02 Viewer Responses: Slamming Gettelfinger (And Us) Paul Solman: Thursday’s interview with UAW president Ron Gettelfinger elicited some strong reactions from viewers, of which these email excerpts are but a sample: Viewer 1: I have respected The NewsHour for years. Continue reading
Jun 01 Watch In Detroit, Mixed Emotions Over GM’s Bankruptcy Move Paul Solman reports from Detroit on how General Motors' bankruptcy filing may impact different company stakeholders -- from union members to bondholders to car dealers -- and explains why the company chose reorganization over liquidation. Continue watching
Jun 01 Watch Other News: Markets Rise, 4 Soldiers Killed in Afghanistan In other news, markets rose despite General Motors' bankruptcy filing, and four U.S. soldiers were killed in 2 separate roadside bombings west of Kabul. Continue watching
Jun 01 Watch After Bankruptcy Filing, Focus Turns to the ‘New GM’ GM's bankruptcy will result in the federal government owning 60 percent of the newly restructured company. GM CFO Ray Young discusses the company's future. Continue watching
Jun 01 Retired Auto Workers Ask Union Chief Ron Gettelfinger Their Questions In shooting a story on the GM bankruptcy that will air tonight, we asked a group of United Auto Worker retirees to put their questions directly to UAW President Ron Gettelfinger. Here are their… Continue reading
Jun 01 GM Files for Bankruptcy Protection; Judge OKs Chrysler Asset Sale By Admin, PBS News Hour General Motors, a longtime cornerstone of American industrial power, filed for bankruptcy protection Monday morning and embarked on a broad restructuring, paving the way for the struggling automaker to receive another $30 billion in taxpayer aid. Continue reading
May 29 Watch Other News: GM Closes in on Restructuring Deadline In other news, General Motors neared a deadline to submit a restructuring plan and markets rose at the close of the week on Wall Street. Continue watching
May 29 How Might GM’s Bankruptcy Work? Question: How might GM’s bankruptcy work? Paul Solman: For answers, I can’t improve upon this exchange with Wayne State law professor Laura Bartell, whose interview we’ll feature in our GM bankruptcy story, slated to run on Monday’s NewsHour. This… Continue reading
May 29 What Led to the High Interest Rates of the 1980s? Question: What were the causes and circumstances that led to the high interest rates in the 80’s? Was it inability to effect a change or inaction in addressing the issue? Paul Solman: If by “interest rates” you mean the rate… Continue reading
May 29 U.S. Economy Shrank 5.7% at Start of Year By Admin, PBS News Hour The U.S. economy shrank slightly less than initially estimated at a 5.7 percent pace at the start of 2009 as the recession lumbered into the new year, according to a government report released Friday that hinted the recession might be… Continue reading