GO
Loading...

Bankruptcy

More

  • Stocks Bounce Back as Confidence Soars Tuesday, 26 May 2009 | 3:22 PM ET

    Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.

  • Stocks Bounce Back as Confidence Soars Tuesday, 26 May 2009 | 11:41 AM ET

    Stocks bounced back from a lower open Tuesday as a broker upgrade on Apple buoyed the Nasdaq.  Getting the market off to a jittery start after the three-day weekend, the decline in housing prices showed no signs of letting up and there were reports of another missile launch by North Korea.

  • GM,Chrysler 'Skidding' Their Way Through Bankruptcy Tuesday, 26 May 2009 | 8:55 AM ET
    GM auto dealership with sign.

    This week GM and Chrysler will transform the auto industry by skidding into and through bankruptcy. If they can avoid a major car wreck, perhaps Uncle Sam's "controlled bankruptcy" plan will work.

  • Futures Fall After Long Weekend Tuesday, 26 May 2009 | 6:40 AM ET

    After a long Memorial Day weekend, futures indicated a negative open for Wall Street Tuesday as reports that North Korea launched missiles caused alarm.

  • GM May Focus on Cheaper Imports, Cut US Jobs Monday, 18 May 2009 | 6:33 AM ET
    Auto worker works on assembly line at GM Lansing Grand River plant.

    General Motors is engaged in negotiating a reorganization that could increase vehicle imports from its plants in Mexico and Asia while closing factories and cutting the work force in the United States.

  • Stocks End Down Week With a Flop Friday, 15 May 2009 | 4:49 PM ET

    Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.

  • Stocks Struggle Despite Shot of Confidence Friday, 15 May 2009 | 11:23 AM ET

    Stocks opened flat Friday as investors were encouraged by a pair of better-than-expected manufacturing readings but dismal economic data out of Europe and weak U.S. retail reports capped gains.

  • Futures Pare Losses After Factory Reports Friday, 15 May 2009 | 9:21 AM ET

    Futures pared losses Friday after a pair of better-than-expected manufacturing readings.

  • Government's Scary Grip on Economy Tightens: Welch Friday, 15 May 2009 | 8:19 AM ET

    The government has taken advantage of the economic crisis to get a tighter grip on the US economy, and this does not bode well for business, Jack Welch, former GE CEO and author of "Straight from the Gut," told CNBC Friday.

  • Chrysler Dealers Will Be Able to Get GMAC Financing Tuesday, 12 May 2009 | 3:21 PM ET

    A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.

  • Money Myth: Bankuptcy Wipes Out All Debt Tuesday, 12 May 2009 | 10:41 AM ET

    Not so! Here are the debts you will still be required to pay even if you file for bankruptcy.

  • Auto Bankruptcy 'Babies' About To Be Born Tuesday, 12 May 2009 | 8:41 AM ET
    Empty GM Dealership

    For months we've all heard the warnings. If GM and Chrysler go bankrupt it will trigger a host of other bankruptcies from suppliers to dealers.

  • The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.

  • Published reports that Cerberus Capital Management is leading the charge for more governments funds to bail out GMAC are completely wrong, a source tells CNBC.

  • Fast Track Bankruptcy? Chrysler Looking To Fly Tuesday, 5 May 2009 | 3:01 PM ET
    2007 Chrysler 300

    As the bankruptcy hearings about creating a new Chrysler pick up steam in New York, it's becoming crystal clear how quickly the Federal Government wants to re-structure the ailing auto maker.

  • What NOT to Do When Buying a Car Tuesday, 5 May 2009 | 10:51 AM ET

    It’s a whole new world out there when it comes to buying a car. But there are still certain things you shouldn’t do before you drive off the lot.

  • Web Extra: The Downsides of Debt Reduction Monday, 4 May 2009 | 2:46 PM ET

    NOT SEEN ON T.V.: There are three common methods of eliminating debt that you should avoid.

  • The economy is turning up, and stocks are on the rise. You wouldn’t know it, though, if you watched the news.

  • Stocks Gain for Week Amid Glimmers of Hope Friday, 1 May 2009 | 5:44 PM ET

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

  • Stocks Wobble as Confidence Boost Fades Friday, 1 May 2009 | 12:01 PM ET

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