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  • Stocks Shed 1% as Obama Spooks Market Wednesday, 25 Feb 2009 | 5:18 PM ET

    Stocks declined Wednesday as a late warning from President Obama about stricter oversight for Wall Street knocked major indexes off their highs for the day.

  • Futures Off Lows as AT&T Shows Gain Wednesday, 25 Feb 2009 | 9:20 AM ET

    US stocks looked set to give back some the gains from the previous session at the open Wednesday, after Federal Reserve Chief Ben Bernanke soothed investors by stepping back from bank nationalization plans and saying the recession may end this year.

  • Ford Cuts Exec Salaries & Bonuses Wednesday, 25 Feb 2009 | 8:46 AM ET

    Tuesday afternoon Ford took another huge step in showing it's committed to cutting costs and "sharing the pain".

  • GM Dealership

    Remember when Barack Obama was campaigning for President and he went to Detroit with a very unpopular message in Motown? In essence he told an audience filled with auto execs it was time for them to start building fuel efficient vehicles, hybrids, and models that would lead Detroit out of its money losing ways.

  • As it Falters, Eastern Europe Raises Risks Tuesday, 24 Feb 2009 | 8:02 AM ET
    Map of Europe

    The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.

  • Dow and S&P At 11-Year Lows Monday, 23 Feb 2009 | 5:49 PM ET

    The Dow and S&P slumped to 11-year lows on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system.

  • Steven Rattner: Not The Car Czar, But A Lead Advisor Monday, 23 Feb 2009 | 4:20 PM ET
    Obama Auto Team

    The man many thought would be "Car Czar" will now be leading the task force looking at how to fix General Motors and Chrysler. Steven Rattner is joining the Obama team as counselor to Treasury Secretary Timothy Geithner.

  • UAW Deal Key For Ford & Big 3 Monday, 23 Feb 2009 | 11:50 AM ET

    With the UAW and Ford announcing they have agreed on a plan to re-work funding of union's Voluntary Employee Beneficiary Association, it is an important step not only for Ford, but GM and Chrysler as well.

  • Obama Auto Team

    When I woke this morning and surveyed what the morning papers carried about the auto industry, one article in the Detroit News about what cars the Obama Auto Team members own caught my attention -- It brings up the question: Will the cars these members drive influence their decisions regarding GM and Chrysler?

  • GM Shares Crater Friday, 20 Feb 2009 | 2:58 PM ET

    Halfway through the trading day, GM shares hit levels not seen since 1938....A lot investors are starting to wonder if GM stock is worthless. 

  • Obama's Auto Team Starts Re-Structuring Industry Friday, 20 Feb 2009 | 9:42 AM ET

    When President Obama’s Auto Team meets for the first time Friday morning, it will be off camera, behind closed doors, away from reporters. Maybe that's good. After all, fixing this industry could be messy, very messy.

  • Is Saturn Set For A New Orbit? Thursday, 19 Feb 2009 | 1:56 PM ET

    Saturn owners are getting an e-mail today that essentially tells them their beloved brand is not going to die.

  • HUMMER's End Game Thursday, 19 Feb 2009 | 9:51 AM ET

    GM says that by the end of March it will reach a decision to either sell the brand or phase it out. My gut, based on talking with people in GM and the industry, is HUMMER is sold, but for far, far less than what GM wants.

  • Wagoner:  Conservative Outlook Costs More Wednesday, 18 Feb 2009 | 11:27 AM ET
    General Motors Chairman and Chief Executive Rick Wagoner.

    GM CEO Richard Wagoner, Jr., says taking a conservative view of the future sent him back to the government to ask for more money.

  • GM's Next Move Will Be The Toughest Wednesday, 18 Feb 2009 | 10:39 AM ET
    General Motors Headquarters

    Yes, the numbers are staggering. Anytime a company says it may need up to another $16.5 Billion to fix its business, there's no way to sugar coat it.

  • Can GM/Chrysler Pass Their Mid-Terms? Tuesday, 17 Feb 2009 | 9:15 AM ET

    Remember in college when you had to turn in that mid-term exam? Today, GM and Chrysler face their own mid-terms of sorts, but with a big difference.

  • Does the US Make Anything Anymore? Tuesday, 17 Feb 2009 | 5:23 AM ET
    American Flag

    It may seem like the country that used to make everything is on the brink of making nothing.

  • Toyota And Nissan Hit The Brakes Friday, 13 Feb 2009 | 8:53 AM ET

    When Toyota and Nissan both forecast full year losses within the last week, you knew it was only a matter of time before both companies took steps to limit their mounting losses.

  • Stocks Claw Back as Market Cheers Details Thursday, 12 Feb 2009 | 4:37 PM ET

    Stocks staged a comeback in the final hour of trading Thursday following news that the Obama administration is mulling a new plan to subsidize mortgage payments for homeowners in jeopardy. In other words, the market finally got what Treasury Secretary Geithner failed to deliver: Details.

  • Job Cuts Keep Coming—Is Your Firm On the List? Thursday, 12 Feb 2009 | 12:08 PM ET

    The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.