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  • Tech, Energy & Retail Stocks Take a Hit

    Stocks declined in this abbreviated post-Thanksgiving session as traders took a breather after four straight days of gains.

  • General Motors
    Big Three Ready For Show And Tell Time?

    While most of us are spending a long holiday weekend relaxing or watching a cheesy new Christmas movie because your spouse loves seeing even the worst ones, this is a working weekend in Detroit. At GM, Ford, and Chrysler executives are preparing their "business plans" for Congress to review starting Tuesday.

  • Tech, Energy & Retail Stocks Take a Hit

    Stocks declined in this abbreviated post-Thanksgiving session as traders took a breather after four straight days of gains.

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    Dow's Best 4 Days Since 1932

    The Dow climbed higher on Wednesday as hopes of a General Motors bailout helped investors shrug off data depicting a worsening global economic downturn.

  • Dow Gains Over 1,000 Points in 4 Days

    Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

  • Stocks Get Back on Rally Track

    Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.

  • The Detroit Insider Who Talked: Your Emails Back

    A lot of reaction to my post from Paul Fenner, who works at an parts supplier in Detroit--including an interesting response at the bottom from someone inside GM.

  • Getting Primed For Bear Market Rally

    Boy, are traders ready for this one. Everyone--even the bears--think a rally of up to 20 percent is likely before the end of the year.

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    In A Crippled Auto Industry, Reasons To Give Thanks

    From auto companies in the Midwest to Wall Street firms in New York, thousands of laid off workers will spend these holidays wondering where their next job will be. Blue collar or white collar, it doesn't matter. These people are hurting.

  • Pops & Drops: Google, RIMM...

    Following are the day’s biggest winners and losers. Find out why shares of Google and Fluor Corp popped while Research In Motion and General Motors dropped.

  • Car Buyers: Do You Have Any Loyalty To Big 3?

    For the last month, the e-mails I've received about my blogs (yes, I do read every e-mail and respond to many of them) have generally fallen into the following categories:

  • Where the Layoffs Are—Is Your Firm on the List?

    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.

  • GM’s Pension Fund Stays Afloat, Against the Odds

    Despite its overall troubles, General Motors appears to have enough money in its pension fund to last a decade or more, the New York Times reports.

  • Alan Mulally

    It's not quite guilt by association, but it's close. Ford, by virtue of being one of the Big 3 and because its finances are weakened, has been lumped in with General Motors and Chrysler as an auto maker needing a bailout. Somewhere in Dearborn, Michigan Ford CEO Alan Mulally is doing a slow burn.

  • Ford Taurus X
    The Insurance Industry's Safest New Cars

    The Insurance Institute for Highway Safety designated 72 vehicles as winners of their top safety pick award. The award recognizes vehicles that do the best job of protecting motorists in front, side and rear crashes and have anti-rollover technology called Electronic Stability Control, or ESC.

  • The Big Three

    "As someone is who is ultimately going to be affected by the 'auto bailout', I am torn. Part of me would really like to see the financial system work and the Detroit 3 file for bankruptcy. I don't think they get it...

  • Tiger Woods hits out of a bunker on the eighth green during a playoff round at the US Open golf tournament, Torrey Pines Golf, San Diego, California.
    GM Ends Endorsement Relationship With Tiger Woods

    GM insists discussions had started earlier in the year, but it seems like more than just a coincidence that just as GM is slammed for overspending (i.e. on those private jets) it's very publicly dropping its high-paid spokesperson.

  • Where the Layoffs Are—Is Your Firm on the List?

    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.

  • The Big Three
    Big Three’s Troubles May Touch Financial Sector

    The foundering Detroit automakers owe more than $100 billion to their bankers and bondholders, and Wall Street is starting to wonder how much of that will be paid back, the New York Times reports.

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    Auto Bailout: Time For Big 3 And UAW To Deal

    Have you been listening to political leaders talk about what it will take for the Detroit 3 and the UAW to get Washington to sign off on a bailout for the industry? If so, you've heard several key words and phrases used to describe what the auto makers need to do.