The automotive industry is pushing for an emergency government loan of at least $25 billion to fend off a cash crunch. This so-called bridge loan would be in addition to a $25 billion loan Congress approved in September for the industry. CNBC asked the insiders to weigh in.
Daniel Tishman, Tishman Construction chairman and CEO, shared his outlook for the industry on CNBC's Squawk Box this morning.
A fast and furious as the crude oil market selloff has been, it's far from over, says one expert.
Two oil rigs broke loose from their moorings in the Gulf of Mexico during Hurricane Ike, CNBC has learned Saturday.
The surging popularity of alternative energy helped Denmark’s wind-turbine maker Vestas to post a 27 percent rise in first-half profits, and CEO Ditlev Engel told CNBC Europe he remains confident that looming energy shortages will make the wind industry more attractive to investors over the long term.
Airlines must "change the rules" in order to survive high oil prices and the other challenges the industry faces, said Doug Parker, chairman and CEO of US Airways Group.
European earnings were mixed Thursday, with telecoms reporting results in line or above forecasts, while energy companies and financials posted profit declines or figures below market expectations.
As oil prices pullback and inflation continues to rise, now is the time to invest in mining stocks, two investment strategists told CNBC Wednesday.