GMAC already received $5 billion from the Troubled Asset Relief Program program back in December. Now, reports out say the Treasury Department is set to loan GMAC over $7 billion more. Janet Babin reports.
The White House is expected to roll out a number of proposals for new regulations on the way Wall Street operates, and that's got the industry on edge. Amy Scott looks at why market professionals are concerned.
The House is poised to approve the first ever climate bill, and that achievement hasn't come without some heated political debate. But Sam Eaton reports some of the fiercest battles are between businesses and their lobbying trade groups.
Three months after President Obama signed the stimulus bill, some of his proposed projects are underway. Tamara Keith visits a work site in Silver Spring, Md., where workers are paving a highly traveled, highly potholed road.
The developer of the new World Trade Center wants more money from the Port Authority of New York and New Jersey. But the site owner worries there won't be enough demand for that office space. Ashley Milne-Tyte reports.
A Senate hearing today focuses on substandard drywall imported from China. Homeowners in the Southeast say it corrodes wires and makes people sick. But a ban Chinese drywall would be tricky for senators to pull off. Scott Tong reports.
The E.U. opposes a major aviation bill on foreign aircraft repair stations in Congress, claiming it's a move to save American jobs. But U.S. labor unions backing the bill argue many foreign countries are not as rigorous on safety. Stephen Beard reports.
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