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The Detroit Three ... Two? or One? - Globe and Mail
WASHINGTON, TORONTO -- The time has finally come to unload the old Toyota Prius you bought back in 2008. So you take the plunge and get the new Version 2.0 of GM's wildly popular Volt electric car. It's faster, roomier and cheaper than the original ...

Why Detroit's Big 3 Car Companies Could Become Big 2 - US News and World Report
To many Americans, Chrysler is a household name. But what about the Sebring? Or Caliber? Or Nitro? If those don't sound like must-have vehicles, that helps explain why the Detroit 3 may soon become 2. As Chrysler explores a shotgun wedding with ...

Fitch Affirms FMC Real Estate CDO 2005-1; Assigns Outlooks - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings affirms and assigns Rating Outlooks to FMC Real Estate CDO 2005-1 Ltd. (FMC 2005-1) as follows: --$131,825,000 class A-1 at 'AAA'; Outlook Stable; --$43,941,000 class A-2 at 'AAA'; Outlook Stable; --$43,941 ...

The New Congress - Forbes
By a vote of 137-22 among Democrats in the House of Representatives Thursday, Rep. Henry Waxman, D-Calif., ousted Rep. John Dingell, D-Mich., as the chairman of the House of Representatives Energy and Commerce Committee. Dingell, 82, is considered to ...

Auto Aid Plan Heads For Defeat As Detroit 3 Teeter - ClickOnDetroit.com
WASHINGTON -- A Democratic Congress, unwilling or unable to approve a $25 billion bailout for the Detroit Three, appears ready to punt the automakers' fate to a lame-duck Republican president. Caught in the middle of a who-blinks-first standoff are ...

Rescue Detroit, or not? - Los Angeles Times
Here at the Opinion Manufacturing Division, we're torn about whether Congress should bail out U.S. automakers. (See our latest, guarded editorial here .) The Big Three employed close to 240,000 at the end of last year, according to the Center for ...

GMAC 3Q loss widens, blames economic woes - Associated Press
NEW YORK (AP) -- GMAC Financial Services said Wednesday its third-quarter loss widened to $2.52 billion, as the ongoing woes of the global credit industry resulted in steep losses at its mortgage division. For the year-earlier period, GMAC had a loss ...

Red Finish For Sagging Street - Forbes
Brief forays into positive territory did not hold Monday, as Wall Street was in the red at the closing bell. Financials in general were weak Monday, as the Financial Select Sector SPDR (amex: XLF - news - people ) exchange-traded fund sank 6.9%, and ...

Transcript: Pearlstein: The Bailout for Detroit - Washington Post
Read today's column . About Pearlstein: Steven Pearlstein writes about business and the economy for The Washington Post. His journalism career includes editing roles at The Post and Inc. magazine. He was founding publisher and editor of The Boston ...

I’m with Mitt Romney on the Detroit bailout - Atlanta Journal Constitution
I’ve been reading everything I could find on the proposed bailout of Detroit, trying to come to a definitive conclusion. Part of me wanted to let them fail as punishment for being so blind and obstinent for so long; another part of me worried about ...