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- Some G.M. Retirees Are in a Health Care Squeeze - Times Daily
DETROIT — General Motors is living on borrowed time, spending more than $2 billion in cash a month and lobbying for a government bailout to keep it out of bankruptcy. Fabrizio Costantini for The New York Times Dorothy Orr, left, 77, and her twin ...
- Obama's promises face a rough road ahead - Christian Science Monitor
President-elect Barack Obama warned in his Chicago victory speech that the "road ahead will be long." His goals, he said, may not be reached "in one year or even one term." Budget experts say, "Amen." A deeply troubled economy, they hold, won't allow ...
- Circuit City to close 155 stores, lay off 17% of its U.S. workers (The Philadelphia Inquirer)
RICHMOND, Va. - Circuit City Stores Inc. said yesterday that it was closing 155 stores and cutting thousands of jobs to try to withstand consumers reluctant to spend and vendors less than eager to give the company badly needed loans.
- Hurricanes, financial meltdown cuts into 3Q net income for Meadowbrook Insurance Group (Crain's Detroit Business)
Meadowbrook Insurance Group (NYSE: MIG), Southfield, reported a 81 percent drop in net income to $4.2 million, or 9 cents per share, for the third quarter ended Sept. 30, 2008, compared with net income of $7.
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