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  • Chrysler

    When the bottom fell out of the auto industry late last year, we all knew that Chrysler was losing gobs of money. Heck, last December on Capitol Hill Chrysler CEO Bob Nardelli said that his company was burning through a billion dollars of capital a month. That said, when you see Chrysler lost $16.8 Billion last year, you have to stop and ponder the enormity of that loss.

  • Futures indicated a positive open for U.S. stocks on Monday helped by strong gains in Asia and anticipation that this week's bank stress test results will be relatively benign.

  • Sergio Marchionne

    It's a gutsy move. If it works out, he will be called a genius. If it doesn't, critics will say he tried to bite off more than he could chew. Either way, Sergio Marchionne is clearly on center stage for an auto industry in turmoil. Whether or not his performance leads to rave reviews is very much up in the air, but so far he's hitting all the right notes.

  • Futures indicated a positive open for U.S. stocks on Monday helped by strong gains in Asia and anticipation that this week's bank stress test results will be relatively benign.

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    Warren Buffett's long-time partner, Charlie Munger, is a man of few words.  But when he does talk, it pays to listen.  CNBC's Becky Quick sat down with him for a rare interview at this weekend's Berkshire Hathaway shareholders meeting.  Here's her report, with an extensive excerpt featuring Munger's thoughts on the economy and the auto industry.  You won't hear him praise the government too often!

  • Global stocks rose Monday ahead of the expected release of the U.S. government's bank stress test results. Experts tell CNBC if the banking system isn't fixed, governments' stimulus efforts are in vain.

  • Stocks eked out a gain after a rocky session Friday as investors weighed some encouraging economic reports against gloomy earnings.

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    Chrysler's sales in the U.S. for April were down 48 percent. The now bankrupt automaker sold 76,682 total vehicles versus 147,751 a year ago.  Despite the big declines, all the numbers were well above forecasts.

  • Stocks had a wobbly start to the morning Friday as investors weighed some encouraging economic reports against gloomy earnings.

  • Stocks pared their losses Friday after economic reports showed consumer confidence soared to its highest level since before the fall downturn began and that manufacturing is showing signs of improvement.

  • You cover enough bankruptcies, you get used to the strange and painful routine. Closing the plants, targeting the jobs to be cut, and outlining how a company in Chapter 11 will be filed in court papers and pretty clear from the beginning. In other words, the cutting and paring of costs is the easy part. It's the re-building and changing of the company that is the tough part.

  • Chrysler Bankruptcy

    A handful of other financiers are being blamed for precipitating the bankruptcy of an American icon. As Chrysler’s fate hung in the balance Wednesday night, this group refused to bend to the Obama administration and accept steep losses on their investments while more junior investors, including the United Automobile Workers union, were offered favorable terms.

  • Futures indicated a slightly higher open for U.S. stocks Friday as investors shrugged off Chrysler's bankruptcy announcement and decided to go against the 'sell in May and go away' mantra after April's successful performance.

  • Global stocks were higher Friday, the first day of May, as investors were encouraged by the returns in April's strong market performance and batted off news of Chrysler's bankruptcy announcement and deepening concerns about the swine flu outbreak.

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    Chrysler sent shock waves through the nation Thursday as it filed for bankruptcy protection. But it’s a private company, why does Wall Street care?

  • Stocks ended flat for the day as news of a Chrysler bankruptcy filing quashed the day's gains, but logged solid gains for the month of April.

  • Plus, Cramer makes the call on the insurance, chemicals and natural gas sectors.

  • Stocks opened higher Thursday as investors took heart from signs of recovery in the economy and the Federal Reserve's statement that the economic outlook was improving.

  • Global stocks rose again Thursday as investors took heart from signs of improvement in the U.S. economy after the Federal Reserve tweaked its policy statement to say that the economic outlook was improving. But experts on CNBC were mixed on when the economy will recover.

  • Three people briefed on the deal say Italian automaker Fiat Group SpA will sign paperwork by Thursday to become a partner with Chrysler.