GM and Chrysler executives will testify today before the Senate to discuss dealership closings — and meet their new owners. Once the companies emerge from bankruptcy, taxpayers will be significant stakeholders. Jeremy Hobson reports.
Morgan Stanley is raising capital through a new stock offering, and China is getting in on the deal. In fact, China's getting in on a lot of deals lately. Scott Tong looks into why.
The NBA season is lasting longer than ever, and some of the players don't like it. The reason for the extension: money. Steve Chiotakis rationalizes the extension with business of sports commentator Diana Nyad.
The health care industry is looking for ways it can simplify its processes as a way to cut costs. But some analysts are skeptical that skirting red tape can really be all that effective. Steve Henn looks at both sides.
Canceling franchises at dealerships that haven't performed well is a key part of Chrysler and GM's restructuring plans. But dealership owners say closing them down will cause job losses across the country. Tamara Keith reports.
With GM reorganizing, seven plants could close in Michigan, costing 9,000 jobs. But things don't look so bleak in the state capital of Lansing, where GM has two plants considered modern and adaptable. Rob South reports.
What health care system would help reform the industry in the U.S.? Los Angeles Times business columnist David Lazarus tells Bill Radke Obama is on the right track with a hybrid of the private and public sectors.
A private survey shows fewer jobs were lost in May than in April, but the numbers are still pretty high. Steve Chiotakis reviews the employment numbers' effect on the market with Jim Dunigan of PNC Wealth Management.
Tamara Keith talks with Bill Radke about Federal Reserve Chairman Ben Bernanke's optimism in his testimony before a House committee, and how the government programs aimed at stabilizing the financial system are doing.
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