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3 Billion Dollar Loan - News Articles
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Oct 15, 2008
BloggingStocks -
Not much has been said about the number of UAW or white collar workers who would lose jobs if GM (NYSE:GM) merged with Chrysler. It would probably be a ton. Chrysler has close to 200,000 jobs and GM as over 263,000. According to ... -
Oct 15, 2008
Toledo Blade, OH -
DETROIT — Ron Gettelfinger, president of the United Auto Workers, said yesterday he would oppose a merger between General Motors Corp. and Chrysler LLC because it would cost jobs. On a political Webcast run by radio station WWJ-AM in Detroit, ... -
Oct 15, 2008
Oakland Press, MI -
By JOSEPH SZCZESNY Cerberus is considering taking stake in the new company if General Motors and Chrysler are able to work out the details of a possible merger. Discussions between General Motors and Cerberus are ongoing, however, both sides are taking a very deliberate ... -
Oct 15, 2008
WLNS, MI -
The UAW's leader says he would oppose a merger between two of the big three. Union President Ron Gettelfinger says he would oppose a merger of General Motors and Chrysler. The reason- workers losing their jobs. He said this on a political webcast run by WWJ AM in ... -
Oct 15, 2008
EasyBourse.com, France -
By Jeff Bennett Of DOW JONES NEWSWIRES DETROIT -(Dow Jones)- United Auto Workers President Ron Gettelfinger said he is personally against any type of merger between Detroit's auto makers. "I would not want to see anything that would result in a ... -
Oct 15, 2008
domain-B, India -
Auto workers in the US and Canada are not too happy with the prospects of the Big Three becoming the Big Two (See: GM in talks with Chrysler, Ford). ... -
Oct 15, 2008
AOL Canada, Canada -
TORONTO - General Motors has so far announced no plans to speed up plant closures in Canada despite accelerated cuts in the United States, but analysts say the auto industry is in such flux that GM is being forced to make decisions on a "day-to-day basis." ... -
Oct 12, 2008
AFP -
DETROIT, Michigan (AFP) — US automaker Chrysler considered several new partnership options Sunday, including mergers with Renault-Nissan and General Motors, industry and union officials said. Two sources, one an executive at a rival company and another a key ... -
Oct 14, 2008
Reuters Canada, Canada -
DETROIT (Reuters) - The Canadian Auto Workers union has asked General Motors Corp (GM.N: Quote) and Chrysler LLC to clarify whether they are considering a ... -
Oct 14, 2008
The Canadian Press, DETROIT -
DETROIT — United Auto Workers President Ron Gettelfinger says he would oppose a merger between General Motors Corp. and Chrysler LLC because it would cost workers their jobs. Gettelfinger says the union has not had formal discussions with either automaker about a merger. ...
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Oct 14, 2008
The Associated Press -
DETROIT (AP) — United Auto Workers President Ron Gettelfinger said Tuesday he would oppose a merger between General Motors Corp. and Chrysler LLC because it would cost workers their jobs. The union president said the UAW has not had formal discussions with either ... -
Oct 14, 2008
Reuters -
DETROIT, Oct 14 (Reuters) - United Auto Workers President Ron Gettelfinger said on Tuesday that the union had not had any formal talks with any of the companies in that regard," he told local radio station WWJ in response to a question on a GM-Chrysler merger. ... -
Oct 14, 2008
Bloomberg -
By Mike Ramsey Oct. 14 (Bloomberg) -- A General Motors Corp.-Chrysler LLC combination wouldn't win the support of auto unions in the US and Canada because ... -
Oct 14, 2008
Reuters Canada, Canada -
By Nick Carey DETROIT (Reuters) - Labor unions in the United States and Canada on Tuesday expressed concern about the prospect of job losses from any merger between General Motors Corp (GM.N: Quote ) and Chrysler LLC, adding that union leaders had not been consulted ... -
Oct 14, 2008
BusinessWeek -
By David Welch When news first leaked out that General Motors (GM) was interested in buying Chrysler from private equity firm Cerberus Capital Management, ... -
Oct 15, 2008
Detroit Free Press, United States -
The possibility of a General Motors Corp. and Chrysler LLC merger encountered stiff opposition Tuesday from organized labor around the world, concerned about the possibility of job losses from a combined auto company. ... -
Thursday, October 16, 2008
Wall Street Journal -
By MATTHEW DOLAN Union leaders representing auto workers in the US expressed fears that any deal between General Motors Corp. and Chrysler LLC would hurt membership. In several radio interviews this week, United Auto Workers President Ron Gettelfinger said he personally is ... -
Thursday, October 16, 2008
Inter Press Service, Italy -
By Adrianne Appel BOSTON, Oct 16 (IPS) - The George W. Bush administration has hired a Wall Street firm to lead its 700-billion-dollar bailout plan, but how much the U.S. is paying the firm is being kept secret. The U.S. announced late ... -
Thursday, October 16, 2008
RTT News, NY -
(RTTNews) - Thursday, financial services provider Bank of New York Mellon Corp. (BK: News ) reported a 53% fall in its profit for the third quarter from a year ago, hurt by a huge charge taken to support money market and cash funds that were impacted by ... -
Thursday, October 16, 2008
Pittsburgh Tribune-Review, PA -
By Thomas Olson Bank of New York Mellon Corp. said income from continuing operations dropped nearly 54 percent for the quarter to $305 million, or 26 cents a share. Results included the $433 million that BNY Mellon spent in September to ...
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