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  • Chrysler And Marchionne: What We Can Expect Wednesday, 10 Jun 2009 | 9:29 AM ET
    Sergio Marchionne

    Forty days. In the world of corporate bankruptcies, I guess you could call that a quick rinse. Now that Chrysler's balance sheet has been cleaned up (thanks in large part to billions in Federal financing), the auto maker is primed for life with Fiat.

  • US House Passes 'Cash for Clunkers' Plan Tuesday, 9 Jun 2009 | 5:38 PM ET
    congress.jpg

    With auto sales in the doldrums, the House approved a plan Tuesday to provide vouchers of up to $4,500 for consumers who turn in their gas-guzzling cars and trucks for more fuel-efficient vehicles.

  • Stocks End Mixed After TARP News; Techs Gain Tuesday, 9 Jun 2009 | 5:08 PM ET

    Stocks ended mixed in choppy trading Tuesday after 10 banks were approved to repay TARP loans. But tech stocks gained after Texas Instruments  raised its earnings and revenue targets for the second quarter.

  • Pros Say: Govt Should Break Up Citigroup (UPDATED) Tuesday, 9 Jun 2009 | 5:08 PM ET
    Investor Spring Cleaning - A CNBC Special Report

    Stocks ended mixed on Tuesday after 10 banks were approved to repay TARP loans. The companies are expected to give back some $68 billion, about twice what the government expected. Read and listen to what the experts had to say...

  • Chrysler and Italy's Fiat urged the US Supreme Court late Tuesday to move quickly on Chrysler's proposed sale to Fiat, saying their government-brokered deal could still unravel if it doesn't close by a June 15 deadline.

  • Chrysler Back in Court to Get OK to Dump Dealers Tuesday, 9 Jun 2009 | 2:48 PM ET
    Chrysler Bankruptcy

    Chrysler headed back to bankruptcy court Tuesday to get a judge to approve the termination of 789 dealer franchises, while Chrysler's plan to become a stronger automaker partnered with Italy's Fiat awaits action by the nation's highest court.

  • Stocks Waver After TARP News; Techs Gain Tuesday, 9 Jun 2009 | 2:41 PM ET

    Stocks turned mixed Tuesday after the banks approved to repay TARP loans were named. But tech stocks held onto their gains after Texas Instruments  raised its earnings and revenue targets for the second quarter.

  • GM Taps Ex-AT&T CEO Whitacre To Be Chairman Tuesday, 9 Jun 2009 | 2:28 PM ET

    Edward Whitacre, former chairman and CEO of AT&T, will become chairman of General Motors when the company emerges from bankruptcy, said interim Chairman Kent Kresa Tuesday.

  • Hyundai America CEO: Bring on 'Cash for Clunkers' Tuesday, 9 Jun 2009 | 12:42 PM ET

    The road has been bumpy for automakers, but Hyundai is trying to navigate the potholes by revving up its quality, advertising and perception.

  • Pros Say: Interest Rates Threaten Equities Markets Tuesday, 9 Jun 2009 | 12:14 PM ET
    Investor Spring Cleaning - A CNBC Special Report

    Stocks opened higher on Tuesday with financials leading. Ten banks are set to repay capital they received through the TARP. They're expected to give back some $68 billion, about twice what the government expected. Read and listen to what the experts had to say...

  • Stocks Rise as TARP Repayers Are Named Tuesday, 9 Jun 2009 | 10:16 AM ET

    Stocks opened higher Tuesday, with bank stocks rising as some of the nation's largest institutions poised to repay government bailout money.

  • GM Board Needs Gumption Tuesday, 9 Jun 2009 | 9:26 AM ET
    Fritz Henderson

    With the Supreme Court on the cusp of deciding whether to approve or block the sale of Chrysler, the restructuring of GM's board of directors is a story that may be overlooked. That would be a mistake. The new GM board faces one of the largest challenges ever in American business.

  • Futures Turn Positive as TARP Banks Go Higher Tuesday, 9 Jun 2009 | 7:42 AM ET

    Futures showed a relatively flat open for Wall Street on Tuesday as the dollar's rally, fueled by last week’s better than expected jobs report, fizzled out and some investors went back into stocks.

  • Meltdown 101: Why GM, Chrysler Want Fewer Dealers Monday, 8 Jun 2009 | 5:10 PM ET
    Auto worker works on assembly line at GM Lansing Grand River plant.

    Both General Motors and Chrysler have announced plans to dramatically reduce their networks of thousands of dealers, saying that the moves are needed to cut costs as part of  their restructuring efforts.

  • Stocks Flop as Late Rally Fizzles; Banks Gain Monday, 8 Jun 2009 | 4:47 PM ET

    Stocks ended flat Monday as a late rally fizzled after the Supreme Court issued a stay, temporarily halting the sale of Chrysler to Fiat.

  • Cramer: Mulally's Focus Gives Ford Edge? Monday, 8 Jun 2009 | 3:24 PM ET

    Plus, get calls on President Obama's stimulus spending, fast food, the Paris Air Show and more.

  • Stocks Slide as Dollar Soars, McDonald's Skids Monday, 8 Jun 2009 | 1:50 PM ET

    Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meaeting.

  • GM CEO: New Board to be Announced 'Shortly' Monday, 8 Jun 2009 | 12:47 PM ET

    General Motors will announce the members of its new board of directors  "very shortly," CEO Fritz Henderson told CNBC Monday.

  • Stocks Open Lower as Dollar Soars, Banks Drop Monday, 8 Jun 2009 | 9:44 AM ET

    Stocks opened lower Monday as the dollar and U.S. Treasury yields soared on the back of last week's cheerier jobs data, which prompted speculation that the Fed may raise rates at its next meeting.

  • Can GM Change? Monday, 8 Jun 2009 | 9:20 AM ET
    GM auto dealership with sign.

    If you've read this blog for some time you've heard me say the easiest part of GM's bankruptcy will be filing the motions to cut dealers, shed plants, erase liabilities. And as always, don't take my use of the term "easy" to mean there is not a lot of pain that goes hand in hand with severing ties with thousands of people who have been part of the GM family for decades. There is plenty of pain.