What to do with Detroit?
Reading the news it's not clear if we're going to give Detroit the money to keep them going for a while longer. Pretty sure we can't afford not to, an...
Reading the news it's not clear if we're going to give Detroit the money to keep them going for a while longer. Pretty sure we can't afford not to, an...
Paul Wagler | Posted 11.20.2008 | Business
Restoring economic growth alone will not restore our fortunes. In fact, too rapid growth -- in house construction, in stock prices and in energy consumption -- has caused the present problem.
Matthew DeBord | Posted 11.20.2008 | Green
We could let Detroit fail and throw money at the many future-car startups that are currently out there, but that won't provide enough product to market to deliver the improvements we require.
Fortune's Stanley Bing | Posted 11.19.2008 | Business
I have worked in theaters, as a cab driver, in small companies, large corporations and mega-watt global behemoths, and they are all the same. They are people working for a living.
Steve Parker | Posted 11.19.2008 | Business
This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.
Dwayne Raymond | Posted 11.19.2008 | Business
These overpaid, egomaniacal "players" should heed Romney's counsel and start playing sensibly, like honorable men. And their first ante in this new game should be their own prompt resignation.
Dan Treul | Posted 11.19.2008 | Business
No one - this Michigan resident included - is out to defend recent management of Ford, GM and Chrysler as "efficient." It doesn't take an industry analyst to determine the status quo broken.
Brian Ross | Posted 11.19.2008 | Business
Apparently there is one thing that liberal and neo-con think-tanks can agree upon: Let Ford, General Motors, and Chrylser fail.
Jane Hamsher | Posted 11.19.2008 | Business
All the Shock Doctrine fanatics cheering to drive the the Big 3 into bankruptcy "restructuring," like Mitt Romney, might want to think about the implications of this.
Huffington Post | Posted 11.19.2008 | Business
Huffington Post contributors weigh in on whether Congress should bail out the Big Three Detroit automakers. Keep checking back as the debate continues.
Jeffrey Feldman | Posted 11.19.2008 | Business
As a foray into the troubled waters of the biggest industry crisis of our time, Romney's plan epitomizes how Republicans think about the economy: by pretending we live in a Dickensian version of the Eisenhower era.
ABC News | Posted 11.19.2008 | Business
The CEOs of the big three automakers flew to the nation's capital yesterday in private luxurious jets to make their case to Washington that the auto i...
Robert Creamer | Posted 11.19.2008 | Politics
If we allow the unionized American automobile industry to collapse, we will accelerate the reduction of middle class incomes for everyone. That collapse would start a tidal wave of lower wages.
New York Times | BILL VLASIC and DAVID M. HERSZENHORN | Posted 11.18.2008 | Business
The heads of the Big Three automakers of Detroit pleaded on Tuesday for emergency government aid to stave off potential collapse, but after four hours...
Jake Brewer | Posted 11.18.2008 | Green
I don't want 1 in 10 jobs in the US to take a hit next week, but I also don't want hundreds of millions of already-struggling Americans to blow their tax dollars on failure.
US News And World Report | Posted 11.18.2008 | Business
Is the Midwest about to tumble into Lake Erie? Sure sounds that way. With General Motors teetering at the edge of insolvency, the company's backers a...
AP | JULIE HIRSCHFELD DAVIS | Posted 11.18.2008 | Business
WASHINGTON — Detroit's Big Three automakers pleaded with a reluctant Congress Tuesday for a $25 billion lifeline to save the once-proud titans o...
Steve Parker | Posted 11.18.2008 | Business
Sen. Reid's new bailout bill for the Detroit Three does not set additional fuel-economy requirements, nor does it establish a government oversight board. That's two strikes against getting our money's worth.
Francine Hardaway | Posted 11.17.2008 | Business
I've been debating with myself for weeks over whether we ought to bail out the auto industry. I made a little pro-con list for myself today.
AP | JULIE HIRSCHFELD DAVIS | Posted 11.17.2008 | Business
WASHINGTON — Prospects dimmed on Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and da...
AP | SARA LEPRO and MADLEN READ | Posted 11.17.2008 | Business
NEW YORK — Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge round of layoffs ...
Steve Parker | Posted 11.15.2008 | Business
Most Americans think you have brought this disaster upon yourselves, with inferior, irrelevant products the past 35 years.
Paul Szep | Posted 11.14.2008 | Politics
...
CNBC | Posted 11.14.2008 | Business
CNBC Squawk On The Street anchor and reliable curmudgeon Mark Haines doesn't trust the Big Three automakers -- Ford, GM and Chrysler -- to behave with...
Gourmet | Barry Estabrook | Posted 11.13.2008 | Green
Another week, another hole ripped in our food safety net. This one is courtesy of the United States Department of Agriculture (USDA), which last month...
In the first two weeks since the election, President-elect...
Two months before he leaves office, Sen. Chuck Hagel is increasingly
TV Newser has learned that Fox News anchor E.D. Hill is leaving the channel after her contract was...
Now that Barack Obama and John McCain met on Monday, it's looking increasingly as...
Today, Al Qaeda's number 2, Ayman al-Zawahiri,...
Mr. Gregory C. Soumas Board of Elections in the...
Despite trailing his opponent by slightly more than two...
Conservative personality Glenn Beck was accosted at his local Wendy's...
President-elect Obama is still adjusting to life with the Secret Service and the loss...
John McCain is returning Jackson Browne's August lawsuit complaining about McCain using his...
Part of the change Americans just...
WASHINGTON — A Democratic Congress, unwilling or unable to approve a $25 billion bailout for...
With the Obamas' impending move to Washintong DC in January, many have begun to speculate...
Dave Winer | Posted 11.20.2008 | Business