Judge tentatively approves deal to shift some Delphi assets to the new General MotorsNEW YORK — A bankruptcy judge has approved a deal to shift some of auto parts supplier Delphi’s assets to the General Motors Co. that emerged from Chapter 11 bankruptcy protection last week. Judge approves General Motors plan to sell assets, automaker could emerge from bankruptcy soonNEW YORK — A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the way for the automaker to quickly emerge from bankruptcy protection. Bankruptcy judge gives interim approval for GM to access $33.3 billion in financingNEW YORK — A bankruptcy judge says General Motors can have immediate access to $15 billion in government financing as it attempts to quickly restructure under court protection. Obama puts US in driver’s seat as GM enters bankruptcy, planning huge job and dealer cutsWASHINGTON — In a defining moment for American capitalism, President Barack Obama ushered General Motors Corp. into bankruptcy protection Monday and put the government behind the wheel of the company that once symbolized the nation’s economic muscle. 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. 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. 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 says it will temporarily shut 13 assembly plants, cut production by 190,000DETROIT — General Motors Corp. said Thursday it will temporarily close 13 assembly plants in the U.S. and Mexico — some for more than two months — laying off nearly 24,000 workers to pare back a bloated inventory. |
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