A New York judge has approved General Motors Corp.'s bankruptcy sale in a move that will allow the company's most-profitable assets to quickly emerge from bankruptcy protection under government ownership.
Italian automaker Fiat became the new owner of most of Chrysler's assets Wednesday, in a move that largely ends the U.S. company's bankruptcy process and staves off concerns about liquidating the company.
David Brooks and Ruth Marcus discuss the news of the week, including President Obama's speech on U.S.-Muslim ties, Sonia Sotomayor's Supreme Court bid and GM's bankruptcy plan.
Economics correspondent Paul Solman talks to Detroit residents about the "collateral damage," or ripple effects, from General Motors' bankruptcy filing earlier in the week.
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…
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.
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.
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.
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.
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…
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