WASHINGTON, Dec. 5, 2008 (Reuters) — The U.S. auto industry's drive for a $34 billion emergency taxpayer bailout was stuck in neutral on Friday as the chief executives of Detroit's Big Three began a second day of testimony on Capitol Hill. ... > full story
CHICAGO, Nov. 22, 2008 (Reuters) — International Lease Finance Corp, the plane-leasing business owned by insurer American International Group , will be sold to a group of investors and ILFC's management, Bloomberg reported on Saturday. ... > full story
NEW YORK, Nov. 18, 2008 (Reuters) — Boeing Co shares tumbled 6.5 percent to a nearly five-year low on Tuesday as analysts expressed concerns about the plane maker and defense contractor meeting profit estimates over the next two years, as it grapples with production delays, airlines' lack of financing to buy planes, and risks that the new U.S. administration will cut defense spending. ... > full story
NEW YORK, Nov. 14, 2008 (Reuters) — Boeing Co pushed back the schedule on the cargo version of its 747 jumbo by as much as nine months as the plane maker attempts to get operations back to normal after a drawn-out strike by its machinists. ... > full story
NEW YORK, Nov. 14, 2008 (Reuters) — Boeing Co pushed back the schedule on the latest version of its 747 jumbo by several months, blaming supply-chain problems, limited availability of engineering resources within the company, and the recent machinist strike that stopped work at the plane maker's plants for 58 days. ... > full story
PARIS, Nov. 14, 2008 (Reuters) — Shares in European aerospace group EADS soared on Friday as it beat expectations for the third quarter and raised its 2008 profit goal, upstaging a new 341 million euro provision for delays in a top military project. ... > full story
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39 pct of Fenton Chrysler workers agree to buyouts Dec. 5, 2008 (NBC 10 Quincy (WGEM)) — Chrysler says more than one-third of the workers at its plants in Fenton have agreed to accept either a voluntary buyout or retirement offer.. ...
GM cutting shift at Oshawa: CAW Dec. 5, 2008 (Globe and Mail, Canada) — General Motors Canada will temporarily lay off the third shift at its Oshawa car plant starting the first week of February in another blow to an ...
U.S. Stocks Drop, Led by GM; Exxon Falls on $25 Crude Forecast Dec. 4, 2008 (Salt Lake Tribune) — U.S. stocks fell for the first time in three days on Thursday, pushed down by concern General Motors Corp. may file for bankruptcy and a plunge in ...
DuPont chemicals reacts to the downturn Dec. 4, 2008 (London Times) — The pain in America's car and property sectors spread to suppliers as DuPont, the chemicals maker, yesterday said that it is to cut 2,500 jobs.. ...
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