Jun 03 What's the Collateral Damage of GM's Bankruptcy? Question: What’s the collateral damage or ripple effects of GM’s bankruptcy? Paul Solman: Funny you should ask. We’re in the process of scripting a brief story for tonight’s NewsHour addressing this very question. (Brief for us, that is: For the… Continue reading
Jun 02 Watch Political Stakes High in GM Bankruptcy Plan The political stakes are high for the Obama administration in guiding General Motors into bankruptcy -- and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions. Continue watching
Jun 02 Watch GM Making New Plans Under Reorganization One day after General Motors filed for bankruptcy, the company is poised to sell its Hummer brand and make other changes as it attempts to reorganize itself. Jeffrey Brown reports. Continue watching
Jun 02 Geithner in China: How Is China Weathering the Economic Crisis? By Business Desk Question: How is China weathering the economic crisis? And does China want to remain the United States’ largest creditor? Paul Solman: With Treasury Secretary Tim Geithner in Beijing for the past few days, the financial world has been watching and… Continue reading
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