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Bad economic news buries hopes worst is over
LONDON (AFP) - Worse-than-expected US job losses, more cuts in Italy and Spain, plunging German auto sales and a "horrible" eurozone services report pointed Wednesday to a deep and painful recession ahead.
Nations:Germany France Italy Australia Spain People:Nancy Pelosi Activities:2008 Global Recession
2008-12-03
GM exec: bankruptcy not an option for industry
WASHINGTON - A top executive of General Motors Corp. said Wednesday bankruptcy isn't a viable option, as the United Auto Workers braced for a decision on contract concessions to the endangered Big Three.
People:Alan Mulally Christopher Dodd Arlen Specter Harry Reid Nancy Pelosi Activities:2008 Automakers Downturn
2008-12-03
Chrysler exec: failure could spark depression
WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies.
Nations:U.S. People:Alan Mulally Christopher Dodd Arlen Specter Harry Reid Nancy Pelosi Barack Obama Activities:2008 Automakers Downturn
2008-12-03
Obama: Financial bailout must help homeowners, too
WASHINGTON - President-elect Barack Obama signaled a clear desire Wednesday to use a significant portion of $700 billion in financial bailout funds to stanch foreclosures by helping struggling homeowners with their mortgages.
People:Henry Paulson Bill Richardson Max Baucus Nancy Pelosi Barack Obama Activities:Obama Admin. U.S. Foreclosure Crisis 2008 U.S. Financial Rescue Source:(AP)
2008-12-03
Job cuts, sick car sales, weak demand point to European rate cuts
LONDON (AFP) - A new round of job cuts in Italy and Spain, plunging German auto sales and a eurozone report described as "horrible" pointed on Wednesday to further interest rate cuts in Europe, analysts said.
Nations:Italy Germany Spain France People:Nancy Pelosi Activities:2008 Global Recession
2008-12-03
| Headlines |
- Bad economic news buries hopes worst is over 2008-12-03
- GM exec: bankruptcy not an option for industry 2008-12-03
- Chrysler exec: failure could spark depression 2008-12-03
- Obama: Financial bailout must help homeowners, too 2008-12-03
- Job cuts, sick car sales, weak demand point to European rate cuts 2008-12-03
- Big Three survival bailout requests rise to $34B 2008-12-02
- Obama seeks to assure nervous governors on economy 2008-12-02
- Auditors fault Treasury oversight of bailout funds 2008-12-02
- Recession-hit automakers brace for grim US sales 2008-12-02
- Automakers to submit plans to Congress 2008-12-02
- House to push $500 billion stimulus bill 2008-12-01
- Foes of stem cell research now face tough battle 2008-11-24
- Automakers need to make case for government aid 2008-11-21
- White House assails 'mindless' Congress on auto vote 2008-11-21
- GM, Chrysler making deep cuts to hold on for loans 2008-11-21
- GM cuts output, jets as U.S. demands turnaround plans 2008-11-21
- Dems delay auto bailout vote, seek plan from Big 3 2008-11-20
- Congress extends jobless benefits through December 2008-11-20
- No viable auto industry bailout plan: Democrats 2008-11-20
- Shelby favors changing automaker management teams 2008-11-19
- Lawmakers press Paulson on bailout plan changes 2008-11-18
- Congress set to question Paulson, Bernanke 2008-11-18
- Top salesmen for financial bailout face grilling 2008-11-17
- Aid prospects darken for desperate US carmakers 2008-11-17
- Showdown looming in Congress of automaker rescue 2008-11-16
- Democrats face White House opposition to new economic plan 2008-11-16
- UAW leader says blame economy for Detroit 3 woes 2008-11-15
- Big Three carmakers line up for another bailout 2008-11-14
- Jobless claims surge while trade deficit narrows 2008-11-13
- Hopes for auto bailout stall 2008-11-13
- Republicans reject US auto bailout calls 2008-11-13
- Palin urges GOP governors to keep Democrats honest 2008-11-13
- Dems seek auto aid as treasury shifts rescue focus 2008-11-12
- Pelosi supports new help for ailing US automakers 2008-11-12
- Government launches new mortgage aid effort 2008-11-11
- Pelosi calls for emergency aid for auto industry 2008-11-11
- Critics say new federal mortgage plan not enough 2008-11-11
- Obama team denies tension with Bush over finance crisis 2008-11-11
- Aides: Obama suggested more help for auto industry 2008-11-11
- Wall Street falls, unable to shake economic woes 2008-11-10
- Wall Street opens higher after China stimulus 2008-11-10
- Obama reviews Bush orders on stem cells, drilling 2008-11-09
- Wall Street turns to consumer to gauge economy 2008-11-09
- Obama to use executive orders for immediate impact 2008-11-09
- Obama's chief of staff urges swift help for auto industry 2008-11-09
- Automakers struggle to survive past mistakes 2008-11-08
- Dem leaders want Bush to help ailing automakers 2008-11-08
- Vanishing jobs, stressed consumers feed downturn 2008-11-07
- Jobless rate bolts to 14-year high of 6.5 percent 2008-11-07
Matches Shown: | 1-50 | 51-100
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