U.S. Rep. Ginny Brown-Waite's decision to vote for or against a bailout of Detroit's Big Three will ride on what the auto companies are willing to do, the Brooksville Republican said Friday. ...more

November 22, 2008

First came the banks looking for a federal rescue plan to stay afloat. Next it was the automakers seeking a bailout. And now state governments say they, too, need emergency federal assistance to remain solvent. ...more

November 17, 2008

Even as Detroit's Big Three teeter on the edge of collapse, United Auto Workers President Ron Gettelfinger said Saturday the problem is not the union's contract with the automakers and that getting the companies back on their feet means finding a way to turn around the economy. ...more

November 16, 2008

House Speaker Nancy Pelosi said Saturday the House would provide aid to the ailing U.S. auto industry, requiring that the industry meet new fuel-efficiency standards, produce advanced vehicles and restructure "to ensure their long-term economic viability." ...more

November 16, 2008

Here are some answers about the summit, which includes meetings today: Might the summit help ease economic pain in the United States and abroad? ...more

November 15, 2008

The American public, with great reservation, agreed to a $700 billion bailout to prevent a national financial catastrophe. A portion of that money has been spent, but everyone seems to be haggling over what to do with the rest of it. Most of the ideas are bad ones, and our leaders must protect the public from wasting the bailout money. ...more

November 13, 2008

If there was anything certain about the federal bailout of the banking sector, it's that the venture would not stop at the banking sector. Giving out hundreds of billions of dollars in government assistance to one industry is like giving out free beer to the students in one corner of a college campus - it has a way of attracting a crowd. ...more

November 1, 2008

First, the $700 billion rescue for the economy was about buying devalued mortgage-backed securities from tottering banks to unclog frozen credit markets. ...more

October 26, 2008

Kirk Kerkorian's investment firm said Tuesday it sold 7.3 million of its shares in Ford Motor Co. and plans to further cut what is now a 6.1 percent stake, for a potential loss of more than half a billion dollars on the investment. ...more

October 22, 2008

The chief executive of Chrysler LLC said Monday that his company hasn't reached any new deals with other automakers but has spoken with outside parties interested in working with the Dodge and Jeep maker. ...more

October 14, 2008