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General Motors Co

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  • Stocks Simmer as Banks Cool Bailout Rally Friday, 19 Dec 2008 | 12:18 PM ET

    Stocks advanced Friday after Bush announced details of a rescue plan for auto makers.

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    General Motors and Chrysler will receive up to $17.4 billion in short-term loans from the US government as part of an aid package to the troubled auto industry.

  • As More Companies Seek Aid, 'Where Do You Stop?' Friday, 19 Dec 2008 | 9:16 AM ET
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    The US government could be entering a bottomless pit of bailouts if it starts propping up failing companies outside the financial sector—including the struggling auto industry, economists say.

  • Futures Gain Ahead of Bush Auto Speech Friday, 19 Dec 2008 | 8:29 AM ET

    U.S. stock index futures pointed to a cautiously higher open for Wall Street Friday as troubled automakers reportedly are close to an emergency loan deal.

  • So Much for a Santa Claus Rally Thursday, 18 Dec 2008 | 8:46 PM ET

    President Bush, General Electric and oil all came together to kill the markets.

  • Dow Drops 2%, Led By GE Thursday, 18 Dec 2008 | 5:33 PM ET
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    The Dow fell for the second day on Thursday after Standard & Poor's threatened to strip General Electric of its 'AAA' credit rating and slumping oil prices crippled energy shares.

  • Dow Sheds Over 200 as GE, GM Drag Thursday, 18 Dec 2008 | 5:06 PM ET

    Stocks declined Thursday as worries about General Electric's credit and the fate of the auto industry weighed on the market.

  • Pros Say: Oil Will Take Stocks to Heaven Thursday, 18 Dec 2008 | 2:19 PM ET

    Thursday: U.S. jobless claims eased from a 26-year peak but still showed weakness in the economy. After the Federal Reserve's moves this week, homeowners are scrambling to refinance; the dollar is sliding against the euro. And the second half of the $700 billion TARP bailout fund looks likely to go toward foreclosure relief and economic stimulus. CNBC heard from experts who say crude oil prices are finally correct — and oil, stocks and gold are going to soar.

  • GMAC Still Short of Capital to Become a Bank Thursday, 18 Dec 2008 | 2:09 PM ET

    Financing company GMAC said in a regulatory filing Thursday that about $16.9 billion, or 58 percent, worth of its notes have been tendered as part of a plan to swap $38 billion of debt and amass enough regulatory capital to become a bank holding company.

  • Stocks Wobble After Philly Fed Report Thursday, 18 Dec 2008 | 1:39 PM ET

    U.S. stock index futures were mixed Thursday as the possibilty of global interest rates at zero increased and deals both broke down and reemerged.

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    The Bush administration is seriously considering "orderly" bankruptcy as a way of dealing with the desperately ailing U.S. auto industry.

  • Chrysler On Life Support As It Waits For Bailout Thursday, 18 Dec 2008 | 9:53 AM ET
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    At the Los Angeles Auto Show last month, the Chrysler stand was a dimly lit and uninspiring display. A glaringly obvious example Cerberus is not spending anything more than the bare minimum to keep Chrysler alive.

  • White House Wants Auto Bailout by Christmas: Report Thursday, 18 Dec 2008 | 7:18 AM ET
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    The White House and the Treasury are deep into negotiations with General Motors and Chrysler over reorganization plans that could result in more than $14 billion in emergency loans, the New York Times reported.

  • Futures Gyrate, Mergers Off Thursday, 18 Dec 2008 | 5:59 AM ET

    U.S. stock index futures were mixed Thursday as the possibilty of global interest rates at zero increased and deals both broke down and reemerged.

  • The Two Big Worries For Traders Now Wednesday, 17 Dec 2008 | 4:09 PM ET

    There is an eerie stillness in the stock market. The wild price swings and huge volume that we have seen from September through the beginning of December has quietly gone away. The panic selling has gone away.

  • Are the technical forces powerful enough to keep the S&P 500 on its current uptrend toward 1,000? Also why isn't Apple CEO Steve Jobs making the keynote address at Macworld?

  • GM Needs PR Strategy In Time Of Crisis Wednesday, 17 Dec 2008 | 9:57 AM ET
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    GM’s failure points are extensive, but nothing is more glaring than its resolute myopia. Throughout its history, GM anointed itself the final arbiter of customer needs and wants.

  • Layoffs Continue to Grow—Is Your Firm on the List? Tuesday, 16 Dec 2008 | 6:01 PM ET
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    Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.

  • Stocks Soar After Fed's Dramatic Rate Cut Tuesday, 16 Dec 2008 | 5:15 PM ET

    Stocks shot up Tuesday after the Federal Reserve dramatically cut interest rates.

  • Stocks Soar as Fed Dramatically Cuts Rates Tuesday, 16 Dec 2008 | 3:39 PM ET

    Stocks shot up Tuesday after the Federal Reserve dramatically cut interest rates.