Army vet faked injury to avoid Iraq deployment
EAST ST. LOUIS, Ill. (AP) An Army veteran admitted in federal court Friday to plotting with his wife to bilk the U.S. government by faking paralysis after a car wreck to get disability benefits and avoid being deployed to Iraq. Jeffrey Rush, 27, al...
 3.1K - Nov. 7, 2009; scored 178.0 GMAC seeking more federal aid
NEW YORK (AP) GMAC, the former lending arm of General Motors Co., is in talks with the Treasury Department for a third injection of taxpayer aid, a further sign of the U.S. government s entrenchment in the U.S. auto industry. The Treasury Departmen...
3.7K - Oct. 28, 2009; scored 321.0 Obama: Government to set example on global warming
WASHINGTON (AP) President Barack Obama wants the federal government to set the example when it comes to global warming. In an executive order signed Monday, Obama required all agencies to do what he wants companies operating power plants, running r...
2.2K - Oct. 6, 2009; scored 230.0 Toyota issues recall over accelerator risk
WASHINGTON (AP) The 911 call was from a frantic passenger, trapped with family members in a runaway vehicle barreling down a California highway with a stuck accelerator and no brakes. The call ended with someone telling people in the car to hold on...
4.3K - Sep. 30, 2009; scored 230.0 Trade deficit climbs
WASHINGTON (AP) The U.S. trade deficit shot up in July to the highest level in six months as a surge in shipments of foreign oil and autos pushed imports up by a record amount. The Commerce Department said today that the trade deficit rose 16.3 per...
4.2K - Sep. 10, 2009; scored 321.0 Dodge commits to stay with NASCAR
BROOKLYN, Mich. Given the financial hardship of parent company Chrysler, it seemed the demise of Dodge in NASCAR was a matter of when, not if. But Dodge president and CEO Mike Accavitti showed up Sunday in the Big Three s backyard, Michigan Internat...
5.1K - Aug. 22, 2009; scored 318.0 Cost cutting pays off for Ford in second quarter
DEARBORN, Mich. Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.8 billion today, following the worst loss in company history a year earlier. Shares rose 10 percent. The net profit ends a string...
4.4K - Jul. 23, 2009; scored 347.0 GM exits bankruptcy; CEO vows to do better
DETROIT A leaner General Motors arose today, making an unusually quick exit from bankruptcy with ambitions of making money and building cars people are eager to buy. Once the world s largest and most powerful automaker, new GM is now cleansed of ma...
5.3K - Jul. 10, 2009; scored 458.0 Chrysler sale is final
DETROIT (AP) - Italy's Fiat is the new owner of the bulk of Chrysler's assets, closing a deal today that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat's CEO. The deal clears the way for a new, leaner...
1.4K - Jun. 10, 2009; scored 266.0 Court wades into Chrysler overhaul
NEW YORK - The Obama administration had expected Chrysler's sale to Italy's Fiat to close more than a week ago, and perhaps to have seen the automaker already emerge from bankruptcy protection. But the Supreme Court's decision to delay the sale while...
5.4K - Jun. 9, 2009; scored 347.0 Court upholds Chrysler, Fiat deal
NEW YORK (AP) - A U.S. appeals court on Friday upheld Chrysler's sale of most of its assets to Italy's Fiat, but the deal will remain on hold to allow an appeal to the nation's highest court. The 2nd U.S. Circuit Court of Appeals said it will continu...
4.3K - Jun. 6, 2009; scored 347.0 Our needs vs. wants
The new fuel-efficiency and emission standards may lead to smaller cars with lighter engines. This is not what consumers prefer, auto analysts tell us. They may be right that Americans want big, cheap cars. They also want free gasoline, clean air and...
3.1K - Jun. 2, 2009; scored 282.0 GM hopes for speedy exit from Chapter 11
NEW YORK General Motors Corp. took two key steps toward its downsizing today, striking a tentative agreement to sell its Hummer brand and obtaining the first payout of federal loans for its European division. Detroit-based GM said it has reached a ...
6.6K - Jun. 2, 2009; scored 515.0 Judge OKs sale of most Chrysler assets to Fiat
NEW YORK - A federal bankruptcy judge approved the sale of most of Chrysler's assets to Italy's Fiat, moving the American automaker a step closer to its goal of a quick exit from court protection. Judge Arthur Gonzalez said in his ruling late Sunday ...
3.7K - Jun. 1, 2009; scored 385.0 Obama details plans to help General Motors
WASHINGTON - President Barack Obama pushed General Motors Corp. into bankruptcy today and said it was part of a viable achievable plan that will give this iconic company a chance to rise again. Obama said he hoped the firm would emerge quickly from ...
2.6K - Jun. 1, 2009; scored 318.0 General Motors files for bankruptcy, makes restructuring plan
NEW YORK - General Motors filed for Chapter 11 bankruptcy protection today as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing ...
10.4K - Jun. 1, 2009; scored 430.0 As bankruptcy looms, a new GM starts emerging
DETROIT - With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest. As GM's board began two days of me...
4.8K - May. 30, 2009; scored 437.0 GM makes preparations for its Chapter 11 reorganization
DETROIT (AP) The speed at which General Motors Corp. exits bankruptcy protection would depend a lot on the shape the company is in when it enters. GM has three more days to tidy up. Bankruptcy experts say the more operational, labor and financial c...
6.7K - May. 29, 2009; scored 458.0 General Motors says bondholder offer fails; bankruptcy likely
DETROIT (AP) - A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw today a plan to swap bond debt for company stock. GM has until Monday to complete a government-ordered restructuring ...
6.9K - May. 27, 2009; scored 385.0 GM borrows additional $4 billion from government
NEW YORK (AP) General Motors Corp. said Friday that it has borrowed an additional $4 billion from the Treasury Department, meaning the automaker has now accepted $19.4 billion in loans from the U.S. government. GM started taking g...
2.3K - May. 23, 2009; scored 357.0 | 
