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General Motors Co

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  • Stocks Slide Amid Earnings, Layoff Gloom Monday, 17 Nov 2008 | 11:50 AM ET

    Stocks declined Monday as the latest wave of dismal news washed over Wall Street: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.

  • Carl Icahn: Can He Come To Amylin's Rescue? Monday, 17 Nov 2008 | 11:09 AM ET
    Carl Icahn

    Wall Street has essentially thrown in the towel lately on Amylin Pharmaceuticals. The shares have plummeted from nearly $30 just three months ago to around $7 today.

  • Where the Layoffs Are—Is Your Firm on the List? Monday, 17 Nov 2008 | 10:52 AM ET

    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.

  • Obama: Traders Liked What They Heard Last Night Monday, 17 Nov 2008 | 9:03 AM ET

    .More substantive is the talk of an automotive bailout; GM trading up about 5 percent pre-open. The House and Senate will be debating an interim financing solution this week, until the new administration takes control in late January.

  • Futures Under Pressure; Lowe's, Citi Move Lower Monday, 17 Nov 2008 | 8:28 AM ET

    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.

  • UAW Pres Warns of Big 3 Chapter 7 Liquidation Saturday, 15 Nov 2008 | 3:14 PM ET
    GM, Chrysler, and Ford

    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.

  • The GM Gameplan Friday, 14 Nov 2008 | 10:14 PM ET

    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?

  • Stock Rally Fizzles; Dow Sheds Over 300 Points Friday, 14 Nov 2008 | 6:20 PM ET

    Stocks attempted to rally this afternoon — and the Dow and S&P even briefly broke into positive territory — but at the end of the day, the downward pressure was just too crushing and stocks ended lower.

  • Wilbur Ross: Allowing GM Bankruptcy a 'Wrong' Idea Friday, 14 Nov 2008 | 6:17 PM ET

    The U.S. government should provide funding to struggling Detroit automaker General Motors, Wilbur Ross, chairman & CEO of WL Ross & Co., told CNBC on Friday.

  • Where the Layoffs Are—Is Your Firm on the List? Friday, 14 Nov 2008 | 4:10 PM ET

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Stocks Pare Losses But Down for the Week Friday, 14 Nov 2008 | 2:35 PM ET

    Stocks retreated Friday after a record drop in retail sales and some dismal fourth-quarter forecasts.

  • Stocks Slide Amid Retail, Q4 Gloom Friday, 14 Nov 2008 | 11:25 AM ET

    Stocks retreated Friday after a record drop in retail sales and some dismal fourth-quarter forecasts.

  • Leadership Lessons: What Automakers Should Have Done Friday, 14 Nov 2008 | 11:04 AM ET

    As the mess in Detroit continues to get worse, and the Big Three automakers continue to lobby the government for a bailout, it's looking ever more likely that we could be talking about a Big Two before long.

  • The Auto Bailout Propaganda Battle Begins Friday, 14 Nov 2008 | 10:07 AM ET
    Big 3 Bailout

    For better or worse, the CEOs of GM, Ford, and Chrysler have bought into the idea that this "spinning" is the way to win over the public and law makers. They are no doubt being told that this is the way to stop people from believing Detroit brought many of these problems on themselves.

  • Futures Take Hit From Bad Corporate News Friday, 14 Nov 2008 | 8:22 AM ET

    Stock were set for another negative open Friday, following a roller-coaster session for the major indexes on Thursday that saw the Dow swing more than 900 points from low to high. 

  • Stocks Close Up Sharply On Bargain-Hunting Thursday, 13 Nov 2008 | 4:45 PM ET

    Stocks closed sharply higher as bargain hunters rushed back into the market to scoop up beaten-down shares.

  • GM Bailout

    General Motors, with dire warnings, is seeking a bailout, but skeptics point to the benefits of bankruptcy, which can offer a new start.

  • Big Three Bailout: What It Will 'Cost' The Automakers Thursday, 13 Nov 2008 | 9:57 AM ET
    Big 3 Bailout

    An old friend of mine always used to say, "There's no such thing as a free lunch."

  • Mad Money: Housing Is Key to Saving Market Wednesday, 12 Nov 2008 | 8:59 PM ET

    It sounds simple enough, but this sector's at the heart of all our problems, Cramer says.

  • Remember that huge congressional swing-out two months ago over the Treasury’s request for $700 billion to purchase at auction a bunch of toxic assets that no one wanted to buy?