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General Motors Co

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  • Stocks Shake Off Bad News Friday, 12 Dec 2008 | 5:41 PM ET

    The Dow rose on Friday on hopes that a lifeline for struggling U.S. automakers could still materialize...

  • Stocks End Week Flat Amid Auto Jitters Friday, 12 Dec 2008 | 5:36 PM ET

    Stocks ended higher Friday after a topsy-turvy day of wondering if auto makers would get a bailout or face bankruptcy.

  • Automaker Bankruptcy Would Hit Suppliers Hard: Ross Friday, 12 Dec 2008 | 5:04 PM ET

    If even one of the Big Three goes bankrupt, many of the already struggling auto suppliers will fail, said Wilbur Ross, WL Ross & Co. chairman & CEO of the company.

  • Stop Trading!: Why Is the Market Up? Friday, 12 Dec 2008 | 3:29 PM ET

    Most on Wall Street expected Dow declines worth a few hundred points, but that didn't happen. So what's going on?

  • Stocks Trade Mixed After Treasury Offer Friday, 12 Dec 2008 | 2:35 PM ET

    Stocks traded mixed after the Treasury offered to help prop up the auto makers after the Senate rejected the $14 billion bailout passed by the House.

  • Polls show Americans split on bailing out the U.S. automakers, a highly visible troubled sector in a country grappling with recession. Melvyn W. writes, "They must not be bailed out...

  • Should You Buy an American-Made Car? Friday, 12 Dec 2008 | 12:24 PM ET

    If you have a choice, staying away from bankrupt retailers is a good idea.

  • Layoffs Continue to Grow—Is Your Firm on the List? Friday, 12 Dec 2008 | 12:04 PM ET

    This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.

  • Auto Mess Creating Strange Bedfellows Friday, 12 Dec 2008 | 11:10 AM ET

    First, there's the question of how much money is really needed. The bill would have allotted $14 billion in loans, but most think the amount needed to avoid imminent bankruptcy is smaller, probably in the $5-10 billion range. This makes it doable using some combination of government guarantee and, perhaps, private lending.

  • One Area of Job Growth And Trash Bag Inflation Friday, 12 Dec 2008 | 10:25 AM ET

    First, from Flash News, with foreclosures and other repossessions on the rise, there is growth in one employment category: auctioneers. The Worldwide School of Auctioneering in Mason City, Iowa, (worldwide school of auctioneering? really?) says enrollment is up for its 9-day course teaching people how to talk really really fast without breathing.

  • Stocks Hit by Fraud Case, Bailout Collapse Friday, 12 Dec 2008 | 10:09 AM ET

    Stocks tumbled at the open as the market was weighed down by the Senate's rejection of the $14 billion auto bailout and news of a $50 billion fraud scheme on Wall Street.

  • Who's To Blame For Failure Of Auto Bailout? Friday, 12 Dec 2008 | 9:37 AM ET
    Bailout Denied

    "Karnac the Magnificent" I am not. Heck, for weeks I've been predicting Congress would ultimately come up with a bailout for the Big 3. So after the Senate shot down the aid package last night, it's no wonder my wife said to me, "Gee Einstein, guess you were wrong about what would happen on Capitol Hill."

  • White House "Last Stop" For Automakers? Friday, 12 Dec 2008 | 9:19 AM ET

    With the failure to pass an auto loan bill, the Treasury Department is now essentially the "last line of defense" for the auto makers. They can now provide a bridge loan through the TARP, or provide or guarantee a debtor-in-possession facility to fund a pre-packaged Chapter 11 proceeding.

  • Futures Slammed by Bailout, Bank Worries Friday, 12 Dec 2008 | 7:54 AM ET

    U.S. stock index futures pointed to a lower opening for Wall Street as a plan to pour $14 billion into the cash-strapped auto industry failed in the Senate, leaving the White House searching for a solution.

  • Chysler Cash Will Run Short in Jan. Friday, 12 Dec 2008 | 5:27 AM ET
    2007 Chrysler 300

    Chrysler is nearing the minimum level of cash it needs to run the company and will have trouble paying bills after the first of the year, according to its chief financial officer.

  • Your First Move For Friday December 12th Thursday, 11 Dec 2008 | 6:45 PM ET

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

  • Market Falls On Bleak Comments Thursday, 11 Dec 2008 | 5:49 PM ET

    The Dow fell on dimming prospects for an automaker bailout, while bleak comments about the banking sector from JPMorgan's CEO prompted investors to sell financial shares.

  • Stocks Slide Amid Bank, Auto Worries Thursday, 11 Dec 2008 | 4:44 PM ET

    Stocks closed sharply lower, led by financials after comments from JPMorgan CEO Jamie Dimon and as investors worried about the fate of the auto bailout.

  • Stocks Turn Mixed as Commodities Rise Thursday, 11 Dec 2008 | 3:44 PM ET

    Stocks turned mixed Thursday as a rise in commodities stocks offset pressure from a weak jobs report and a sharp drop in import prices.

  • Cramer's Call on GM, Ford Convertibles Thursday, 11 Dec 2008 | 1:45 PM ET

    We're not talking about soft tops here. Find out why preferred shares might be the best way to play the autos bailout.