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- GM: Gloom multiplied - Chicago Sun-Times
www.suntimes.com The financial reports from the auto industry Friday paint a stark portrait of the unthinkable. Detroit as we know it is a dying force in the American economy. Its continued downsizing and the possible bankruptcy of one or more of the erstwhile "Big ...
- Auto bailout backers offer to cut $25 billion size (The Grand Rapids Press)
www.mlive.com WASHINGTON - Facing an uphill battle in Congress and stiff opposition from President George W. Bush, supporters of a government bailout for the sinking U.S. auto industry are offering to reduce its $25 billion size. General Motors Corp., Ford Motor...
- Blackstone Has Quarterly Loss on Asset Writedowns (Update4) (Bloomberg)
www.bloomberg.com Nov. 6 (Bloomberg) -- Blackstone Group LP , the world's largest private-equity firm, posted the biggest quarterly loss in 18 months as a public company as the financial crisis eroded the value of the businesses and real estate it has acquired.
- Quickie Reader Survey: Have you used "Bill Me Later?" - BusinessWeek
www.businessweek.com Hi, folks. I’m trying to determine the popularity of the “Bill Me Later” payment option that is popping up on e-commerce sites such as Wal-Mart, Priceline and Continental Airlines. The idea behind this approach is that if you don’t like to ...
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