As General Motors begins paying back its loan from the U.S. government, Margaret Warner talks to a reporter with the Detroit News about the auto giant's prospects for recovery after last year's government bailout.
The Obama administration's pay czar Kenneth Feinberg has announced more cuts to executive pay for several large companies still receiving government funds. Judy Woodruff spoke with him about those salary decisions.
Car dealers are struggling to stay open, even though manufacturers GM and Chrysler have rescinded plans to close hundreds of dealerships across the U.S. Tom Bearden reports on how dealers in Colorado are fighting for survival at the state level.
In other news Friday, positive unemployment numbers from Labor Department helped Wall Street rally, and General Motors announced it will reinstate 600 dealerships it had planned to close.
In other news Tuesday, President Obama indicated he is looking at four Republican health care reform proposals before unveiling his plan tomorrow. Also, the Department of Transportation considers new brake regulations stemming from the Toyota recall.
This spring, Toyota expects to slam the brakes on one of its California-based assembly plants. About 5,000 workers are preparing for unemployment at the New United Motor Manufacturing Inc. plant, as well as hundreds more in the auto pipeline across…
Word trickled down that the federal government will impose tax hikes on major financial institutions. Judy Woodruff speaks with experts about what this could mean for the economy.
In other news, General Motors and its main Chinese partner have announced a new venture in India, and Indian rebels were dealt a major blow as the top insurgent commanders have been taken into custody by authorities.
The CEO of General Motors, Frederick "Fritz" Henderson, has resigned, the automaker announced Tuesday. He has been replaced on a temporary basis by Ed Whitacre, chairman of the board of the troubled automaker.
General Motors announced Monday that it will begin repaying $6.7 billion in government loans before the end of the year and could pay back the full amount as early as next year, five years ahead of schedule.
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