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Bleeding cash, Ford looks to Europe for help
DEARBORN, Mich. - Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic.
Nations:Turkey U.S. Mexico People:Alan Mulally Activities:2008 U.S. Automakers Downturn Source:(AP)
2008-07-24
Chrysler to cut 1,000 jobs; liquidity unchanged
DETROIT (Reuters) - Chrysler LLC said on Wednesday it plans to cut 1,000 white-collar jobs by the end of September to slash costs and survive a deep industry downturn.
Activities:2008 U.S. Automakers Downturn Source:(Reuters)
2008-07-23
Airline fuel woes deepen, shares soar on oil dip
CHICAGO (Reuters) - A quick look at U.S. airline shares on Tuesday showed double-digit oil-inspired gains across the board, but three gloomy earnings reports underscored the havoc that soaring energy prices have wreaked on carriers.
Activities:2007-8 Oil Crisis 2008 U.S. Airlines Downturn Source:(Reuters)
2008-07-22
BofA 2Q profit shrinks, beats Wall Street
CHARLOTTE, N.C. - Bank of America Corp. said Monday its profit fell 41 percent in the second quarter, hurt by a big increase in bad debts tied to falling home prices and a slowing economy.
Activities:2007 Global Credit Crunch Source:(AP)
2008-07-21
GM Cuts Costs to Stop Its Cash Burn
Reacting to the worst car market in a decade, General Motors (NYSE:GM - News) laid out a series of moves on July 15 to slash costs and raise cash as the company struggles to get through radical changes in the car market.
Activities:2008 U.S. Automakers Downturn Source:(BusinessWeek)
2008-07-17
| Headlines |
- Bleeding cash, Ford looks to Europe for help 2008-07-24
- Chrysler to cut 1,000 jobs; liquidity unchanged 2008-07-23
- Airline fuel woes deepen, shares soar on oil dip 2008-07-22
- BofA 2Q profit shrinks, beats Wall Street 2008-07-21
- GM Cuts Costs to Stop Its Cash Burn 2008-07-17
- June housing starts up 9.1 pct; NY code cited 2008-07-17
- GM readies for new round of job cuts 2008-07-15
- GM readies new round of job cuts 2008-07-14
- Airbus CEO: Insider-trading probe a 'show trial' 2008-07-13
- Northwest to trim staff by 8 percent to cut costs 2008-07-09
- Siemens cutting 17K jobs worldwide to cut costs 2008-07-08
- GM said to consider more cuts as market shrinks 2008-07-07
- Employers cut jobs for 6th straight month 2008-07-03
- American could cut 900 flight attendant jobs 2008-07-02
- Private sector sheds 79,000 jobs in June 2008-07-02
- Newspapers, reeling from slumping ads, slash jobs 2008-06-29
- Reports: Siemens to cut 17,200 jobs 2008-06-28
- Bank of America to cut 7,500 jobs post-merger 2008-06-26
- Unicredit, shifting east, plans 9,000 job cuts in western Europe 2008-06-26
- United Airlines to lay off 950 pilots 2008-06-23
- Citigroup to slash investment-banking jobs 2008-06-22
- Jobless claims decline by 5,000 following surge 2008-06-19
- Wall Street's credit crisis heads into second year 2008-06-18
- Job cuts likely in HP's overhaul of printing group 2008-06-18
- France says it will cut 54,000 defense jobs 2008-06-16
- McClatchy to cut work force 10 percent 2008-06-16
- US Airways to cut jobs, fleet; charge for 1st bag 2008-06-13
- Coldplay album selling fast, music to EMI's ears 2008-06-13
- US Airways to reduce work force by 1,700 2008-06-12
- Politics an obstacle for InBev's Anheuser-Busch bid 2008-06-12
- Anheuser-Busch says InBev makes $46B buyout bid 2008-06-11
- Glaxo axes 350 jobs in overhaul of drug research 2008-06-11
- The job market's big slump 2008-06-09
- Farm strike in Argentina threatens food supplies, again 2008-06-06
- Jobs cut for 5th straight month, unemployment rate jumps 2008-06-06
- British insurer Aviva to cut 1,500-1,800 jobs in Britain 2008-06-06
- Lehman may raise $3-4 billion fresh capital 2008-06-03
- Ford readies white-collar layoffs as sales tumble 2008-05-30
- Ford to cut up to 12 percent of salaried jobs: report 2008-05-28
- St. Louis worries it may lose Anheuser-Busch 2008-05-28
- American Axle expects to cut 2,000 US factory jobs 2008-05-28
- Jobless claims drop to lowest level in 4 weeks 2008-05-22
- American to charge for 1st checked bag, cut flights 2008-05-21
- Lehman cutting about 1,300 jobs globally 2008-05-20
- Canadian Auto Workers ratify new contract with GM, Chrysler 2008-05-18
- Industrial output plunges, second big drop in 2 months 2008-05-15
- Delta/Northwest merger said likely to be approved 2008-05-14
- EADS returns to profit, warns of cost cutting 2008-05-14
- Chastened banks tighten up on lending: ECB 2008-05-11
Matches Shown: | 1-50 | 51-100
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| Most-viewed |
- Newspapers, reeling from slumping ads, slash jobs 2008-06-29
- Airbus CEO: Insider-trading probe a 'show trial' 2008-07-13
- GM readies new round of job cuts 2008-07-14
- The job market's big slump 2008-06-09
- Bank of America to cut 7,500 jobs post-merger 2008-06-26
- Reports: Siemens to cut 17,200 jobs 2008-06-28
- United Airlines to lay off 950 pilots 2008-06-23
- McClatchy to cut work force 10 percent 2008-06-16
- France says it will cut 54,000 defense jobs 2008-06-16
- Wall St. drops as Bush rescue plan disappoints 2008-01-18
- Citi sells stake to Abu Dhabi fund 2007-11-27
- Maxtor says to cut up to 5,500 Singapore jobs 2005-03-04
- Siemens cutting 17K jobs worldwide to cut costs 2008-07-08
- GM said to consider more cuts as market shrinks 2008-07-07
- Employers cut jobs for 6th straight month 2008-07-03
- Citigroup to slash investment-banking jobs 2008-06-22
- Coldplay album selling fast, music to EMI's ears 2008-06-13
- Farm strike in Argentina threatens food supplies, again 2008-06-06
- British insurer Aviva to cut 1,500-1,800 jobs in Britain 2008-06-06
- Jobs cut for 5th straight month, unemployment rate jumps 2008-06-06
- Ford readies white-collar layoffs as sales tumble 2008-05-30
- Air France-KLM to submit new Alitalia takeover offer 2008-03-25
- Google wraps up $3.1B DoubleClick deal 2008-03-11
- Germany hit by a series of major job cut announcements 2008-03-02
- Mortgage job losses topped 86,000 in 2007: study 2008-01-07
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