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Stocks slide on grim U.S. jobs report - International Herald Tribune
U.S. stocks fell about 3 percent and oil prices plunged the most in seven years on Wednesday after surprisingly large job losses and a sharp rise in crude inventories reminded investors that the U.S. economy still faces stiff head winds. The dollar ...
Read more...BERNIE'S PAL MERKIN NEEDS TO LEAVE GMAC: ANALYSTS - New York Post
The cry for money manager Ezra Merkin's immediate ouster as chairman of troubled automotive outfit General Motors Acceptance Corp. is gearing up. The move to oust Merkin comes in the wake of GMAC scoring a $6 billion injection from the federal ...
Read more...Against the economic tide: Truck sales in high gear - The State
Lower gas prices and hefty rebates are luring customers to Midlands showrooms to shop for full-size pickups, better known for brute horsepower than for fuel economy. Some dealers report truck sales jumped as much as 35 percent in December compared to ...
Read more...'08 car sales plunge to 16-year low - Toledo Blade
Sales of automobiles across the country plummeted in December and in all of 2008 to levels not experienced in 16 years, according to monthly and annual sales figures released by automakers yesterday. Cars, trucks, sport utility vehicles, crossovers ...
Read more...Auburn dodges Alcoa cuts - Fort Wayne Journal Gazette
Alcoa Inc.’s Auburn plant, the victim of heavy job cuts in recent years, was spared Tuesday when the company announced it would eliminate 13,500 jobs. “It’s definitely not affecting us,” Chris McCoy, the human resources manager at the Alcoa ...
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