bankruptcy

Auto Workers Wonder What's Next?

Facing the prospect of layoffs, plant closings and even the possibility their companies may have...
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AIG ends Man U deal

Troubled U.S. insurer AIG will not be renewing its shirt sponsorship deal with Manchester United...
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Business Update: Retail chill

U.S. total December retail sales were in a deep freeze, according to government statistics, which...
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Democrats submit auto loan plan

Prospects for a federal aid package to help the US auto industry advanced Monday as the White...
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GM Seeks $18B in Federal Aid

In an effort to avoid bankruptcy General Motors asked Congress for $18b Tuesday. As part of...
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Birmingham Mayor Arrested on Bribery Charges

The mayor of Alabama's largest city, Larry Langford, was arrested Monday on federal bribery and...
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Paulson on defense

Treasury Secretary Paulson defended his response to the financial crisis and said the government...
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Stocks plunge to 5-1/2 yr low

The Dow dropped below 9,000 for the first time since March 2003 as the threat of bankruptcy in...
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Should GM file for bankruptcy?

The country's biggest automaker teeters on collapse, burning through $2b each month with consumer...
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Credit crisis pressures Ford and GM

Reuters editor Patrick Fitzgibbons says that the credit crisis is putting immense pressure on US...
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