Rick Wagoner Videos
Families of GM Victims Push for New Safety Law
U.S. senators express support for a bill proposed to expand public access to auto makers safety filings.
Stimulus-Waste Report Released
Republican senators highlight 100 projects that they say waste taxpayer dollars.
Fed Beige Book Report
So what does this is the markets right now. Well yes it was a great day on Wall Street the markets were booming yesterday you had just galloped about a 125 points it finished. At its highest close in the last fourteen months so clearly a very strong start to December for the markets. You mentioned
Business Report (07.15.09)
Encouraging news for the slumping computer industry chipmaker Intel reported much stronger than expected sales for the second quarter. And indicated there's more good news ahead. Intel's results are closely watched because they reflect the health of technology spending as a whole Intel shares are
Obama Tells Automakers to Shape Up
President gives GM and Chrysler tight deadlines to reinvent their companies.
General Motors CEO Rick Wagoner Resigns
This CEO of General Motors Rick Wagoner has resigned. Effective immediately add a White House official tells ABC news reporter Jake Tapper that the administration itself Wagoner to step down. As part of its plan to restructure the auto industry which will be announced by the president tomorrow.
A shameful chapter of American history came to an end in the last months of the year until the days excess and greed replaced by bankruptcy and fraud. The whole era of conspicuous consumption and free spending months. Ended as a this. Among the many multi millionaires to take the fall was the man
Obama's Detroit Decision
The lifeline that President Bush General Motors and Chrysler yesterday. They'll keep them afloat for only a few months and that leaves Obama with a difficult job of deciding what to do. When that time runs out ABC's John Henry is in Washington tonight. With over a million jobs at stake president
More Layoffs, But Market Rebounds
Dow Chemical and Anheuser-Busch InBev announced US layoffs today however the stock market is on the upswing on news. Of a possible auto industry bailout as well as president elect Obama's plan to create more than two million jobs through public works projects. Charlie Herman from our business unit
He's Not President Yet!
President elect Obama is moving at a record pace to choose experienced people for his administration. He's holding a news conferences and press appearances in which He outlined broad concepts of how his administration intends to create jobs and bring about economic recovery. But He is cautious