May 01 Watch Other News: Chrysler Bankruptcy Hearings Begin On other news, the Chrysler company's bankruptcy hearings got underway in New York City, and two U.S. marines and one sailor were killed in Iraq on Thursday. Continue watching
Apr 27 Watch Other News: General Motors to Cut 21,000 Jobs In other news, 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. Continue watching
Mar 31 New GM CEO Predicts ‘Deeper’ Restructuring By PBS News Hour 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. Continue reading
Mar 16 Watch As Newspapers Start to Fold, Industry Seeks Survival Plan With record numbers of layoffs at newspapers around the country and some other publications, such as the Seattle Post-Intelligencer, moving entire operations online, industry professionals are struggling to find a new business model to carry them through the changing media… Continue watching
Mar 05 Report: GM’s Survival in Doubt Without More Aid By PBS News Hour General Motors acknowledged Thursday that its survival is in "substantial doubt" outside of bankruptcy unless it halts losses and stops burning cash, according to auditors. Continue reading
Dec 19 Watch Rescue Plan Would Force Auto Companies to Restructure President Bush has unveiled a $17 billion automaker rescue plan that will force the companies to restructure in order to remain competitive. A White House economist and a congressman debate the package. Continue watching
Dec 19 White House Announces $17.4 Billion Auto Rescue By PBS News Hour The Bush administration announced a rescue plan for the sinking U.S. auto industry Friday, offering $17.4 billion in loans conditioned on concessions from carmakers and a return to viability by March 31. Continue reading
Dec 18 Watch Automakers Idle Plants While Awaiting Federal Action Faced with historically slow sales, the big three auto companies have made more cost-cutting moves, including temporarily shuttering plants, in an attempt to stay afloat while the government debates an auto industry aid package. A reporter in Detroit provides an… Continue watching
Dec 09 Watch Congress Debates Details of Automaker Rescue Plan 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. Continue watching
Dec 08 Watch Media Giant Tribune Co. Files for Bankruptcy Protection Media conglomerate Tribune Co. filed for federal bankruptcy protection Monday, as the owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and several other newspapers and TV stations tries to restructure its debt of $13 billion. Three… Continue watching