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  • Auto Makers' Fate: A 'Disorderly Bankruptcy'? Monday, 15 Dec 2008 | 9:47 AM ET
    General Motors

    As Detroit waits to see how much financial help it will get from the White House and how that aid will be structured, we keep hearing one thing over and over. The Bush administration wants to avoid a "disorderly bankruptcy" in the auto industry. This is not good news for GM and Chrysler.

  • 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.

  • 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."

  • Auto Bailout: Republicans Tap Into Worry Among Americans Thursday, 11 Dec 2008 | 10:00 AM ET
    Big 3 Bailout

    You have to give it to the Senate Republicans. Senators Shelby, Corker, Ensign and their colleagues in the GOP have been loud and effective in slowing down, if not jeopardizing the $14 Billion auto bailout package.

  • The "Car Czar" Needs A Big Hammer For Big 3 Wednesday, 10 Dec 2008 | 9:31 AM ET
    Alan Mullaly, Robert Nardelli, and Rick Wagoner

    If Washington approves this $15 Billion bailout by the end of today or tomorrow (and yes, I think that will happen) the question will turn to who becomes the "Car Czar." It will be a presidential appointment and it will be crucial to determining if this auto bailout actually works.

  • Where the Layoffs Are—Is Your Firm on the List? Tuesday, 9 Dec 2008 | 1:49 PM ET

    Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.

  • Where the Layoffs Are—Is Your Firm on the List? Monday, 8 Dec 2008 | 3:46 PM ET

    Further layoffs on Monday from big market names, including a component of the Dow Jones Industrial Average an American business icon, added to employment gloom.

  • GM's Wagoner: Will He Stay Or Will He Go? Monday, 8 Dec 2008 | 10:07 AM ET
    Rick Wagoner

    The drum beats calling for Rick Wagoner's head, or at least his job, are becoming louder. What started last week with critics and commentators saying any bailout should include new leadership at the Big 3, now has spread to political leaders saying it may be time for some of the auto leadership to change.

  • UAW Concessions: Just How Much Will They Give Up? Friday, 5 Dec 2008 | 11:31 AM ET
    Ron Gettlefinger

    The announcement by UAW President Ron Gettlefinger that his union may make material changes to its contract to help the Big 3 is a big deal.

  • Alan Mullaly, Robert Nardelli, and Rick Wagoner

    If you watched the Big 3 CEOs on Capitol Hill Thursday you probably came away with two impressions. First, the contrite tone of the CEOs makes it clear the auto makers know they have to try a more humbled approach.

  • Where the Layoffs Are—Is Your Firm on the List? Thursday, 4 Dec 2008 | 9:32 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.

  • Automakers Want $34 Billion, What Do We Get? Wednesday, 3 Dec 2008 | 9:01 AM ET
    Chevrolet Dealership

    Chrysler's plan may be the most troubling, largely because it shows how much money the company needs right away. Chrysler wants $7 Billion by the end of the year. Chrysler's plan also talks about the "synergies" that would be derived from Chrysler being consolidated with another auto maker.

  • Where the Layoffs Are—Is Your Firm on the List? Tuesday, 2 Dec 2008 | 10:15 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.

  • Big 3 Bailout

    Today is the day we see in clear detail how bad things are for Detroit's auto maker, and what they plan to do to fix the mess. It's a mix of bad news and hopeful promises.

  • Big Three May Need to Trim Number of Brands Tuesday, 2 Dec 2008 | 5:04 AM ET
    Ford

    For the Big Three automakers to win over Washington lawmakers in their bid for federal aid, they will have to address a critical question in the business plans they give to Congress on Tuesday.

  • Volvo Sale Would Signal Big Changes For Big 3 Monday, 1 Dec 2008 | 3:54 PM ET

    Call this the start of the Big 3 becoming the smaller 3. Starting tomorrow and playing out over the course of the next week Detroit's auto makers will be telling Congress how they plan to get back in the black.

  • Predictions: 9 For '09 From Dennis Kneale Monday, 1 Dec 2008 | 2:12 PM ET

    Brace for the glimmerings of a comeback in confidence in 2009, if only because it can’t get much worse than this. So, look for a corporate smashup, a new look from Goldman Sachs, and, yes that's right, the next bubble.

  • Where the Layoffs Are—Is Your Firm on the List? Monday, 1 Dec 2008 | 11:28 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.

  • Where the Layoffs Are—Is Your Firm on the List? Friday, 28 Nov 2008 | 2:51 PM 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.

  • Big Three Ready For Show And Tell Time? Friday, 28 Nov 2008 | 11:00 AM ET
    General Motors

    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.