May 22 Watch Shields and Brooks Mull Security Debate, Supreme Court Fight Columnists Mark Shields and David Brooks discuss the impact of President Obama and former Vice President Cheney's security policy speeches and the buildup to the president's announcement of a Supreme Court pick. Continue watching
May 18 How Does Cutting Dealers Save the Automakers Money? Question: I keep hearing that GM has to shed brands and cut dealerships, but I don’t understand it. Is the logic simply that GM makes too many distinct carlines to be profitable given its total sales volume? Economies of… Continue reading
May 07 GM Reports Heavy Losses in the First Quarter By Admin, PBS News Hour General Motors Corp., which faces a June 1 government deadline to finish a restructuring plan or go into bankruptcy protection, said Thursday it lost $6 billion and its revenue was cut nearly in half in the first quarter. Continue reading
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