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Asia Follows Wall Street Sell-Off on 'Taper' Fears

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  • GM and Chrysler: The Endgame Approaching Friday, 7 Nov 2008 | 3:12 PM ET

    Under normal circumstances, companies try to put the best face on bad news. But we are not in normal circumstances.

  • GM's Wagoner: No Plans For Bankruptcy Filing Friday, 7 Nov 2008 | 2:01 PM ET
    GM logo, General Motors logo

    General Motors is not considering bankruptcy despite a sharp downturn in sales and cash position, but the industry needs fast action by the government to prevent a "devastating" impact on the economy,  GM Rick Wagoner said on CNBC.

  • Ford Needs Government Bridge Loan: Mulally Friday, 7 Nov 2008 | 1:36 PM ET
    Ford

    Ford Motor's need for government assistance will depend on how rapidly the economy decelerates, but the company is not in immediate need of immediate help, CEO Alan Mulally told CNBC.

  • Night Of Drama In Senate Races Thursday, 6 Nov 2008 | 8:47 AM ET

    Democrats won a number of key seats in building a larger and more formidable  majority in Congress.

  • German Government Approves Stimulus Package Wednesday, 5 Nov 2008 | 10:02 AM ET

    The German government on Wednesday approved a stimulus package aimed at helping Europe's biggest economy weather the financial crisis, with measures including tax breaks on new cars and credit assistance for companies.

  • Obama's 1st Move Should Be to Save Autos: Ross Wednesday, 5 Nov 2008 | 7:38 AM ET

    The obvious and easy first move for President-Elect Barack Obama is to put some money into the automobile industry to save a large number of jobs, financier Wilbur Ross said Wednesday.

  • Nissan

    Nissan Motor and Suzuki Motor capped a turbulent week for automakers everywhere with their own profit warnings on Friday, as executives predicted a rough ride for the foreseeable future.

  • Warren Buffett's Berkshire Hathaway has added 825,000 more shares to its Burlington Northern Santa Fe stake, bringing its total holdings to 64,610,418 shares.   Those shares were bought two days ago, and are already worth $5 million more than the purchase price.  But the longer-term picture isn't as positive.

  • Six Governors Ask Feds to Aid US Automakers Thursday, 30 Oct 2008 | 2:42 PM ET

    The governors of six states have sent a letter to federal officials asking that they take "immediate action" to help the troubled domestic automakers.

  • Is Trinity on Track? Wednesday, 29 Oct 2008 | 8:22 PM ET

    The company suspended 2009 guidance. How worried should investors be?

  • Frequent Flyers Redeem Miles to Beat Higher Fares Monday, 20 Oct 2008 | 1:00 PM ET
    Miami, Florida

    Airline customers are cashing in more frequent-flier awards this year, looking to avoid higher fares and believing that miles just aren't worth the same anymore.

  • GM, Chrysler Merger Talks Accelerating Friday, 17 Oct 2008 | 4:24 AM ET

    Merger talks between General Motors and privately held Chrysler are moving at a faster pace as potential lenders have thrown their support behind a deal between the two U.S.-based automakers, CNBC has learned.

  • GM Hit By Ratings Warning, European Sales Drop Thursday, 9 Oct 2008 | 3:58 PM ET

    General Motors' shares hit their lowest level in almost 60 years as the U.S. automaker said its year-to-date sales in Europe slid almost 2 percent.

  • Chartology: Is The Bottom In Wednesday, 1 Oct 2008 | 6:16 PM ET

    The Fast Money traders told you the bottom won’t be in, until there’s panic like never before. Wait...

  • Airfares Aren't Taking Off Everywhere Monday, 29 Sep 2008 | 8:37 AM ET

    Air fares are up, right? The short answer is yes -- 22 fare increases this year. But fares in some cities are flat or even down, as fierce competition keeps airlines from charging as much as they would like.

  • GM CEO Says Credit Crunch Hurting Sept. Sales Thursday, 25 Sep 2008 | 2:35 PM ET
    GM auto dealership with sign.

    General Motors Chief Executive Rick Wagoner on Thursday said September U.S. auto sales were running about flat from August as tight credit markets crimp demand.

  • Despite Wall Street Woes, CSX on Track Tuesday, 23 Sep 2008 | 6:42 PM ET

    If you listened to CEO Michael Ward talk, you'd never guess we were on the verge of another Great Depression.

  • Congress Considers Auto Bailout Tuesday, 23 Sep 2008 | 6:33 AM ET

    A proposal to fund $25 billion in low interest loans to the auto industry was included on Monday in draft legislation that could be considered by the U.S. Congress later this week.

  • FedEx Preview: The Good & Bad of Cheaper Oil Wednesday, 17 Sep 2008 | 4:00 PM ET

    While the broader market has edged lower over the last two months, FedEx shares are up a whopping 20%. You can thank falling oil prices for some of that gain, but what about the future? Oil prices have fallen in part due to worries about a slowing global economy.

  • Europe's Striking Summer Wednesday, 17 Sep 2008 | 8:32 AM ET

    Rising fuel and food costs, the threat of job losses and disputes over pensions and pay are just some of the factors that sparked thousands of disgruntled workers to take action this summer.

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Ken Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."