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Business
High court clears way for Chrysler's sale to Fiat
NEW YORK – The Supreme Court on Tuesday cleared the way for Chrysler's partnership with Italy's Fiat, rejecting an appeal by a trio of Indiana pension and contruction funds, consumer groups and others to block the automaker's sale.
The sale of Chrysler LLC's assets to Fiat Group SpA had been expected to close more than a week ago, but Supreme Court Justice Ruth Bader Ginsburg's Monday decision to delay the sale while studying an appeal by the Indiana state funds threatened to derail Chrysler's restructuring plans.
Jun 9, 2009 - 11:10:57 PM
Business
Former AT&T CEO to become new GM chairman
DETROIT – General Motors Corp. said Tuesday the former chairman and chief executive of AT&T Inc. will become chairman of the reorganized automaker later this summer.
Edward Whitacre Jr., 67, will replace Kent Kresa, but Kresa will remain GM's interim chairman until the automaker emerges from bankruptcy protection as a new entity majority-owned by the U.S. government.
Jun 9, 2009 - 11:40:49 AM
Business
Obama's plan to save GM: bankruptcy, $30 billion
WASHINGTON – President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as "reluctant shareholder" when it assumes a 60 percent ownership of the smaller carmaker that emerges.
The president said he hopes GM — once a proud symbol of American capitalism — would emerge quickly from bankruptcy court, and pledged up to $30 billion in additional federal assistance to help it get on its feet.
Jun 1, 2009 - 1:24:43 PM
Business
The big American gas-guzzler: Down but not out
HOUSTON (Reuters) – Even though U.S. pump prices are nearly half the $4 per gallon ($1.06 per liter) levels of a year ago, the legions of American fans of gas-guzzling SUVs and trucks don't have much to celebrate.
President Barack Obama's White House has unveiled new fuel-efficiency rules that will push auto companies into making more small cars and General Motors and Chrysler -- both heavily associated with large vehicles -- have sunk into bankruptcy.
Jun 1, 2009 - 1:16:20 PM
Business
Oil climbs to near $68, new high for the year
LONDON – Oil prices rose to near $68 a barrel Monday, hitting a new high for the year as world stock markets rallied and investors banked on hopes that the global recession is easing.
Benchmark crude for July delivery was up $1.41 to $67.72 a barrel by mid-afternoon in Europe in electronic trading on the New York Mercantile Exchange, the highest level since early November. It had traded above $68 earlier in the day.
Jun 1, 2009 - 12:02:31 PM
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| Obama Inauguration |
| Obama from then to now: his mother side |
| Text of President Barack Obama's inaugural address |
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| US Election 2008 |
| A video review of the political events of 2008 |
| Obama to meet with lawmakers, former presidents |
| Like Lincoln and FDR, Obama faces nation in crisis |
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| Opinion Editorial |
| Warner takes self out of VP mix |
| Obama, Clinton woo coal vote in upcoming primaries |
| In Tuesday's Contests, a Party Divided |
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| World |
| North Korea: 2 US journalists pardoned |
| Bill Clinton meets with NKorean leader Kim Jong Il |
| Iranian protester killed after opposition rally |
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| US |
| Health bill would cost $829B, help cover 94 pct |
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| Caribbean Latin America News |
| Chile was ready for quake, Haiti wasn't |
| .Huge quake hits Chile; tsunami threatens Pacific |
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| Haiti |
| All Haitian 'orphans' with Baptists had parents |
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| Nouvelles d'Haiti |
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| Actualité Mondiale |
| Les Britanniques veulent réduire leur contingent en Irak |
| La réponse iranienne divise les grandes puissances |
| Nucléaire: la communauté internationale s’apprête à rejeter la proposition de Téhéran |
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| Weather |
| Florence strengthens into a hurricane |
| Ernesto soaks N.C. coast, heads north |
| Ernesto soaks N.C. coast, heads north |
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| Sports |
| Steelers rally to beat Cardinals 27-23 |
| Fisher's 1972 match was Cold War battle |
| Chess master Bobby Fischer dead at 64 |
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| Business |
| High court clears way for Chrysler's sale to Fiat |
| Former AT&T CEO to become new GM chairman |
| Obama's plan to save GM: bankruptcy, $30 billion |
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| Entertainment |
| AP Source: Coroner rules Jackson's death homicide |
| Coroner says Michael Jackson died from lethal dose of propofol |
| Lengthy to-do-list for Michael Jackson hearing |
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| Science & Tech |
| Fossil Ida a 'missing link' in human evolution |
| The Bermuda Triangle: in search of the Truth |
| Medical issue delays space lab work |
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| Caribbean data |
| Exiles Want to Expand U.S.-Cuba Relations |
| Christopher Columbus voyage: ship and log |
| Greater Antilles |
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| Hot Forum Topics and Links |
| Key Figures in the Current Haitian Crisis |
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