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UAW agrees to help automakers - CNN Money
NEW YORK (CNNMoney.com) -- The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans. The announcement was ...
Read more...Detroit 3 Senate hearing - Detroit Free Press
Sen. Christopher Dodd, D-Conn., opened a hearing of the U.S. Senate Committee on Banking, Housing and Urban Affairs by saying he supports aiding Detroit’s automakers. The three automakers have requested $34 billion in low-cost federal loans to ...
Read more...Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Two weeks ago, executives of the Big Three automakers trundled into their private jets to Washington to beg for $25 billion in federal bailout ...
Read more...Gettelfinger: UAW ready to sacrifice - Detroit Free Press
UAW President Ron Gettelfinger said a prepackaged bankruptcy will not work as a way to restructure the Detroit automakers so they can survive the economic downturn. “Research has indicated that customers will not buy vehicles from a company in ...
Read more...NFTA fare hikes roundly criticized - Buffalo News
Plans to raise Niagara Frontier Transportation Authority bus and rail fares to $2 by July were not well received by many of the nearly 100 riders who turned out for a hearing Wednesday at the Erie Community College City Campus. Tempers flared on ...
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