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…
The political stakes are high for the Obama administration in guiding General Motors into bankruptcy -- and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions.
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.
In other news, markets rose despite General Motors' bankruptcy filing, and four U.S. soldiers were killed in 2 separate roadside bombings west of Kabul.
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…
By Admin, PBS NewsHour
General Motors, a longtime cornerstone of American industrial power, filed for bankruptcy protection Monday morning and embarked on a broad restructuring, paving the way for the struggling automaker to receive another $30 billion in taxpayer aid.
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