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  • GM, Chrysler Offer New Retirement, Buyout Packages Monday, 2 Feb 2009 | 5:37 PM ET
    GM logo, General Motors logo

    General Motors and Chrysler are offering blue-collar employees another round of buyout and early retirement offers as the automakers try to cut their work forces and reduce expenses, union officials said.

  • A closer look at the huge package of spending measures and tax cuts shows that many special items still got inserted into the measure

  • Pirates Seize German Gas Tanker off Horn of Africa Thursday, 29 Jan 2009 | 2:39 PM ET
    Oil tanker

    Somali pirates hijacked a German tanker loaded with liquefied petroleum gas Thursday off the Horn of Africa. The ship's 13-man crew was reported safe even though gunshots were heard over the ship's radio.

  • GM to End Participation in UAW Jobs Bank Wednesday, 28 Jan 2009 | 12:02 PM ET

    The United Auto Workers will suspend its jobs bank program at General Motors next Monday, CNBC confirmed.

  • Charts Predict: Another Downturn Coming Tuesday, 27 Jan 2009 | 5:12 AM ET

    The rally on the Dow Jones Transportation Index will fail and a long-term downturn can be expected for the index, Roelof Van den Akker, chartist at ING Wholesale Banking said Tuesday.

  • GM Buys Additional Stake in GMAC Friday, 23 Jan 2009 | 7:30 PM ET
    GM logo, General Motors logo

    General Motors said in a Securities and Exchange Commission filing Friday that it used the proceeds of an $884 million Treasury department loan to increase its equity stake in its financing arm to about 60 percent.

  • UAL Loss Widens on Fuel Prices; Layoffs Planned Wednesday, 21 Jan 2009 | 11:20 AM ET
    United Airlines

    UAL, parent of United Airlines, Wednesday said its quarterly net loss widened on erosion in the value of its fuel hedge program as oil prices plummeted.

  • Toyota Passes GM to Win No. 1 Global Sales Spot Wednesday, 21 Jan 2009 | 10:46 AM ET
    General Motors world headquarters, Detroit, Michigan

    General Motors sold fewer cars globally than Toyota last year, as the Japanese automaker passed the Detroit company for the first time.

  • GM Expects Much-Needed Round of Cash in Days Wednesday, 21 Jan 2009 | 9:05 AM ET
    General Motors world headquarters, Detroit, Michigan

    The target date for General Motors to get its second installment of government loans passed last week, but a top company executive says he expects the money to arrive in the next several days.

  • If Warren Buffett liked Burlington Northern Santa Fe in the high $70s, he must love it in the low $60s.  Buffett's Berkshire Hathaway reports in an SEC filing tonight that it bought almost 4.4 million shares in the freight railroad over the last three trading days at prices between $61.65 and $63.43.

  • US Airways Plane Goes Down in Hudson River; All Rescued Thursday, 15 Jan 2009 | 8:17 PM ET

    All passengers on a U.S. Airways jet that crashed into the frigid waters of the Hudson River off New York City on Thursday have been safely removed from the plane, according to the Federal Aviation Administration.

  • Stop Trading!: Market Is Headed Lower Wednesday, 14 Jan 2009 | 4:18 PM ET

    There is at least one stock, though, that Cramer thinks is worth buying.

  • AutoNation CEO: Gas Tax a Must To Sell Electric Cars Tuesday, 13 Jan 2009 | 1:22 PM ET

    The automobile industry may be rolling out electric cars in attempt to save their companies, but consumers have no incentive to buy the cars if an energy policy and a gas tax are not implemented soon, said Mike Jackson, CEO of AutoNation.

  • EADS Exits US Defense Deal to Save Cash Tuesday, 13 Jan 2009 | 8:58 AM ET

    European aerospace group EADS said on Tuesday it had abandoned a "significant" defense acquisition in the United States to conserve cash and prop up Airbus plane sales to crisis-hit airlines.

  • Confidence is the Key for Automakers: CEOs Monday, 12 Jan 2009 | 7:39 AM ET
    GM auto dealership with sign.

    Top executives at Ford Motor and General Motors stressed that the fortunes of automakers will depend on a turnaround in the economy and consumer confidence in particular.

  • US Carmakers Tout New Products at Detroit Autoshow Sunday, 11 Jan 2009 | 7:17 PM ET

    Just weeks after ending a year marked by dismal sales and a federal bailout of General Motors and Chrysler, U.S. automakers Sunday touted new products with a focus on fuel efficiency that they say will help ensure that their cars and trucks will roll off assembly lines for years to come.

  • Boeing to Cut 4,500 Jobs as Airline Demand Falls Friday, 9 Jan 2009 | 3:33 PM ET
    Boeing Headquarters

    Boeing, the world's second-largest airplane maker, is planning to cut about 3 percent of its work force as jetliner demand falls, hurt by the global economic downturn.

  • Your First Move For Tuesday January 6th Monday, 5 Jan 2009 | 6:14 PM ET

    Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!

  • Moody's, S&P Cut Ford and Chrysler Ratings Tuesday, 23 Dec 2008 | 6:35 AM ET
    The Big Three

    Standard & Poor's Ratings Services and Moody's Investors Service downgraded ratings for Chrysler and Ford Motor.

  • Ford CEO Hopes for Industry Recovery in 2009 Tuesday, 16 Dec 2008 | 5:23 PM ET

    Alan Mulally, CEO of Ford Motor, said he sees signs that the auto market has stabilized and hopes for an industry recovery in the second half of 2009.

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