Chevy Volt: news
Senate committee to hear from GM, Chrysler executives on dealer closingsWASHINGTON — Top executives from General Motors and Chrysler will appear before a Senate committee Wednesday to address concerns about hundreds of dealership closings as the two automakers work through government-led bankruptcies. Wall Street extends gains after upbeat data on construction spending, US manufacturingNEW YORK — Stocks are extending their gains on news that construction spending and manufacturing activity are improving. Wall Street rises in morning trading on upbeat data on consumer spending, manufacturingNEW YORK — Stocks are starting June with a gain, as upbeat data on overseas manufacturing and U.S. consumer spending added to hopes for a global economic recovery. General Motors files for bankruptcy (Lead)NEW YORK - Storied carmaker General Motors (GM) filed for bankruptcy Monday, becoming the largest-ever US manufacturer to enter the court process and marking the latest dark chapter for a struggling US auto industry. Wall Street rise in early trading on upbeat data on consumer spending, manufacturing dataNEW YORK — Stocks are starting June with a gain, as upbeat data on overseas manufacturing and U.S. consumer spending added to hopes for a global economic recovery. General Motors says it will close 9 more plants, idle 3 others as part of reorganizationDETROIT — General Motors Corp. said Monday it will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection. Dow Jones industrial average adds Travelers and Cisco Systems Inc., drops Citigroup and GMNEW YORK — The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis. Wall Street appears headed for higher open on upbeat data on consumer spending, manufacturingNEW YORK — Stock futures pointed to a higher open Monday as upbeat data on overseas manufacturing activity and U.S. consumer spending added to hopes that the global economy may soon recover. General Motors workers ‘go with the flow,’ hope for change after historic bankruptcy filingDETROIT — For General Motors Corp. workers and others across the nation, reaction to the automaker’s historic bankruptcy filing Monday and the effect on their plants and lives ranged from resignation to fear. World markets rally hard on strong manufacturing reports in data-filled weekLONDON — World stock markets rose strongly Monday even though General Motors Corp. has filed for bankruptcy protection as investor optimism was boosted by strong manufacturing surveys around the world. Consumers trim spending by smaller-than-expected 0.1 percent; savings rate soarsWASHINGTON — Frugal consumers trimmed spending in April — although by less than expected — as rising unemployment kept pocketbooks in check and motivated Americans to save. Oil surges to new high for the year, trading just under $68 a barrel as stock markets gainLONDON — 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. Labour union ratifies deal with General MotorsWASHINGTON - Members of the US carmaker General Motors top labour union ratified a new agreement Friday that could make it easier for the company to survive the court process related to bankruptcy. General Motors CEO says tasks are large to avoid bankruptcy, but he still holds out hopeDETROIT — Bankruptcy protection for the nation’s biggest automaker is becoming more probable with a deadline just over two weeks away, the company’s top executive told reporters Monday. Obama says waterboarding was torture, says information could have been obtained by other meansWASHINGTON — President Barack Obama said Wednesday night that waterboarding authorized by former President George W. Bush was torture and that the information it gained from terror suspects could have been obtained by other means. “In some cases, it may be harder,” he conceded at a White House news conference capping a whirlwind first 100 days in office. Ford Motors reports $1.4 bn lossWASHINGTON - Ford Motor Company, trying to avoid the fate of Chrysler and GM, Friday posted a $1.4-billion first quarter loss that was, however, better than analysts had expected. |