Apr 30 Chrysler to File for Bankruptcy After Talks With Lenders Fail By PBS News Hour Chrysler, the nation's third largest automaker, will file for bankruptcy after talks among the company's creditors crumbled, President Barack Obama said Thursday. Continue reading
Apr 29 Pakistani Forces Attack Taliban Militants in Buner District By PBS News Hour Pakistani troops killed 50 Taliban fighters Wednesday after a two-day operation aimed at flushing out militants in the Buner district, about 60 miles northwest of the capital Islamabad. Continue reading
Apr 28 Paul Hosts St. Louis Economic Forum As part of the NewsHour’s Spotlight City series on St. Louis this week, Paul traveled to the Gateway City for his piece on how today’s stimulus compares to the legacy of New Deal projects. While he was there,… Continue reading
Apr 28 In Case You Missed It: St. Louis, the Stimulus, and the New Deal By Business Desk On last night’s NewsHour, Paul investigated how stimulus funds are being spent in St. Louis and compared today’s projects with those funded by the New Deal during the Depression. Don’t miss a special slide show showcasing iconic New… Continue reading
Apr 27 GM to Slash Factory Jobs, Eliminate Pontiac Brand By PBS News Hour General Motors Corp. revealed restructuring plans Monday that include cutting 21,000 U.S. factory jobs by next year and phasing out its Pontiac brand. Continue reading
Apr 24 Two Suicide Bombers Strike Baghdad, Continuing Wave of Violence By PBS News Hour Two suicide bombers struck a Shiite holy site in Baghdad Friday, killing at least 60 people and wounding at least 125 more. Continue reading
Apr 24 Ford's $1.4 Billion Loss in First Quarter Better Than Expected By PBS News Hour Ford Motor Co. posted a smaller-than-expected $1.4 billion loss for the first quarter on Friday, saying that it burned through less of its cash and reiterating that it still doesn't expect to ask the government for financial help. Continue reading
Apr 23 General Motors to Idle Plants for up to 10 Weeks By Admin, PBS News Hour General Motors said Thursday it will idle most of its U.S. plants for up to 10 weeks this summer, trimming some 190,000 vehicles from planned production. The shutdowns will help control high inventories and bring production in line with slower… Continue reading
Apr 23 If GM Is Restructured, What Happens to Shareholders? Question: If General Motors is “restructured” (either through the bankruptcy courts or outside the bankruptcy courts), will the shareholders lose all of the stocks they currently own? Or, as long as GM is a viable company traded on the… Continue reading
Apr 23 Bombings Kill at Least 78 in Iraq's Deadliest Day in More Than a Year By Admin, PBS News Hour More than 78 people were killed and dozens more were wounded Thursday in two bombings in Iraq, one in Baghdad and one north of the city. In other news, the Iraqi military said they captured a suspected leader of an… Continue reading