The defendants include BMW, Daimler's Mercedes Benz; Fiat Chrysler; Ford Motor; General Motors; and Honda.» Read More
Stocks declined Tuesday amid worries about the fate of the auto industry as a bailout grows increasingly unlikely.
An appeal for money from the Big Three is certainly generating a lot of interest among Fast Money's audience. What do you have to say?
Stocks opened mixed Tuesday as a pop in commodities and sharp drop in consumer prices briefly offset worries that Congress won't bail out auto makers.
To say law makers are skeptical about whether it makes sense to help out Detroit would be an understatement. The Big 3 and the UAW have failed to sell Congress on why they should help the auto industry.
The Consumer Price Index had its biggest one month drop ever. Here is a breakdown of the inflation benchmark to show you where costs are falling most.
There are ‘stock’ people and there are ‘bond’ people. I am a stock person and have been all my life. It suits my personality because stock people are optimists. We see the glass as half full.
Stock index futures pared their losses Tuesday after a report showed consumer prices posted their biggest decline in 61 years.
Do Chinese automakers need a bailout? China's auto industry is quietly pressing Beijing for government help as it copes with a jarring slowdown, top Chinese auto executives tell the New York Times.
"I don’t see what’s in the history of the automakers that leads anyone to believe that a $25 billion dollar loan isn’t just throwing good money after bad," says Karen Finerman. Agree?
What's (not) up with small cap stocks? A glance at the market Tuesday showed the Dow down about 1 percent but the Russell 2000 Small Cap Index down more than 3 percent, causing many an observer to wonder what the heck is — or isn't — going on with the little guys.
If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations, focusing on fewer models, shedding dealerships and making better cars, analysts say.
Stocks made another attempt at a rally Tuesday as investors juggled uncertainty over the govenrment bailout plan and an encouraging outlook from Hewlett-Packard.
Ford CEO Alan Mulally says the bankruptcy of even one of America's auto companies could bring down the entire industry.
An opening pop quickly fizzled Tuesday as the market's gloomy mood overshadowed an encouraging outlook from Hewlett-Packard.
Before flying into Washington D.C. for two days of Congressional hearings, Ford CEO Alan Mulally told me that he's looking forward to talking with U.S. Senators and explaining how Ford is transforming its business.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
Stock index futures were indicating a sharp loss Monday for Wall Street, as investors worried over the future of the auto industry and more signs emerged of a retail slump.
United Auto Workers President Ron Gettelfinger said it is critical the Big 3 receive a financial aid package from Congress to avoid one or more of Detroit's auto makers from sliding into a Chapter 7 bankruptcy.
Another week of volatility is over: major declines Monday through Thursday morning, followed by a huge rally Thursday afternoon, ending with a failed rally today. What's ahead next week? Cramer thinks the downside may not be over and poses a major question: if you knew there was another Lehman Brothers ahead -- the collapse of LB being the instigator for most of the financial crisis that started early this Fall -- would you buy or sell?