This week, auto parts maker Delphi said it would try to reach a compromise with the union on its bankruptcy restructuring plan. Whatever happens, the future looks bleak for the suppliers of parts to the struggling Big Three. Alisa Roth reports.

Kai warned his kids the other night that Santa might not come if they didn't settle down. This is what economists call a 'non-credible threat.' Economist Tim Harford says parents and governments both need to get tough.