After General Motors announced plans to cut another 21,000 jobs and Chrysler reached a deal with United Auto Workers that may help the automaker avoid bankruptcy, a New York Times reporter provides an update on Detroit automakers' latest efforts to…

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The arts scene in Dayton, Ohio, has been feeling a financial pinch as the troubles of the "Big Three" U.S. automakers and other economic woes ripple through its community. Jeffrey Brown reports on Dayton arts organizations' struggle to survive.

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The new chief of General Motors Corp. said Tuesday that the struggling automaker will likely shutter more U.S. plants and cut jobs as it embarks on a "deeper" company restructuring.

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Senate leaders continued to hammer out details of a rescue plan for U.S. automakers Tuesday, including limits on executive compensation and federal oversight of industry restructuring. Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Ala., debate the plan's merits.

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Executives of Detroit's Big Three auto companies appeared before the Senate Banking Committee Thursday to renew their much-debated request for billions in federal aid. Judy Woodruff reports on the hearing.

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By the week's end, lawmakers will review business plans submitted Tuesday by Detroit's Big Three. Ford CEO Alan Mulally explains his auto company's proposal to avoid bankruptcy.

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Syndicated columnist Mark Shields and New York Times columnist David Brooks assess the latest changes to the implementation of the $700 billion federal rescue plan, the Obama administration's ongoing transition process and other news of the week.

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Chrysler LLC announced Thursday it plans to cut up to 12,000 jobs as part of the automaker's ongoing effort to reduce costs and adjust to slowing demand for some of its vehicles.

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