GM whacks 1,100 dealers
General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in cutting […]
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Business and Finance
General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in cutting […]
Filed under: economics by John
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AIG Chief Executive Edward Liddy will appear before a House committee Wednesday to lay out the company’s plan for paying back billions of taxpayer […]
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American International Group Inc appeared to advise staffers in its troubled Financial Products division that, if enough returned bonuses than it was unlikely their […]
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American International Group Inc may scrap a plan to repay a $60 billion U.S. government loan by selling businesses, after failing to find enough […]
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Irish airline Ryanair Monday posted a third-quarter net loss but raised its full-year outlook to a profit from breakeven, due to lower fuel costs, […]
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Sen. Chris Dodd said Monday that soaring unemployment amounts to a "game-changer" in the debate over financial aid to the auto industry.
Dodd said on […]
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The case for a bailout of U.S. automakers came under sharp scrutiny on Tuesday at a congressional hearing that portrayed the Big Three as […]
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The Federal Reserve will help finance purchases of up to $600 billion in assets from money- market mutual funds roiled by redemptions from investors […]
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President George W. Bush said the administration's $700 billion plan to buy troubled financial assets must be enacted quickly and that failure to act […]
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The Wall Street convulsions that took down two of the largest investment banks in 24 hours threaten to make it harder for consumers and […]
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