Friday, May 15, 2009
GM says it is notifying 1,100 dealers that it will end their contracts with the automaker.
GM says it is notifying 1,100 dealers that it will end their contracts
with the automaker.
Consumer prices fell 0.7% year-over-year in April, the largest annual drop since June 1955.
Consumer prices fell 0.7% year-over-year in April, the largest annual
drop since June 1955.
Thursday, May 14, 2009
Energy: House lawmakers hone in on huge energy bill
The House Energy panel begins work next week on a huge and
controversial bill to sharply cut carbon emissions, kick the American
habit of importing energy and bolster new "green" jobs.
U.S. jobless claims hit 637,000 in latest week; Chrysler layoffs cited
U.S. jobless claims hit 637,000 in latest week; Chrysler layoffs cited
5/14/2009 8:32:59 AM EDT
Breaking News Thu., May 14, 2009
Chrysler Plans to Eliminate 789 Dealerships as Part of Its
Restructuring [9:57 a.m. ET]
Wednesday, May 13, 2009
Consumers pulled back in April more than expected, causing retail sales to drop 0.4%, government reports.
Consumers pulled back in April more than expected, causing retail
sales to drop 0.4%, government reports.
Breaking News Wed., May 13, 2009
Astronauts of the Shuttle Atlantis Grab Hubble Space Telescope Using
Shuttle's Robotic Arm [1:17 p.m. ET]
Energy: BG Group signs pact to sell gas to China
In a landmark deal, Britain's BG Group enters a 20-year agreement with
China's CNOOC to sell liquefied natural gas from Australia into the
mainland.
Stocks open lower after government reports weak retail sales, signaling further sluggishness in the economy.
Stocks open lower after government reports weak retail sales,
signaling further sluggishness in the economy.
GM trades at $1 a share, down more than 13%
GM trades at $1 a share, down more than 13%
5/13/2009 9:38:36 AM EDT
Tuesday, May 12, 2009
Recession hits Social Security and Medicare hard; Medicare problems 'more imminent,' with insolvency seen in 2017, Geithner says.
Recession hits Social Security and Medicare hard; Medicare problems
'more imminent,' with insolvency seen in 2017, Geithner says.
Breaking News Tue., May 12, 2009
NASA: Debris Hits Shuttle 104 Seconds Into Launch, Leaving 21-Inch
Scratch [2:22 p.m. ET]
U.S. runs first April deficit in 26 years with shortfall of $21 billion, due to recession and economic stimulus efforts.
U.S. runs first April deficit in 26 years with shortfall of $21
billion, due to recession and economic stimulus efforts.
Home prices dropped 13.8% in 1st quarter, marking largest year-over-year decline since 1979, when Realtors' group started tracking.
Home prices dropped 13.8% in 1st quarter, marking largest
year-over-year decline since 1979, when Realtors' group started tracking.