As part of its bankruptcy, Chrysler's core assets will be sold into a new company owned by the U.S. government, the company's workers and Fiat. Steve Chiotakis talks to Marketplace's Steve Henn about why a group of 20 lenders opposes the deal.
The International Olympic Committee traveled to Brazil this week to look at the country's assets and see if they could host the Games. Dan Grech reports how Brazil has come up from once being the world's most indebted country.
Perhaps no visual is more stimulating in the auto industry's fight for survival than a lot full of old, used cars that aren't selling. And these days, even vehicles with over 150,000 miles are on the market. Amy Scott reports.
Today marks the five-year anniversary of the single largest expansion of the European Union. But the global economic crisis hindered many countries from getting the type of stability they'd hoped for. Christopher Werth reports.
General Motors is dealing with the same kinds of problems Chrysler was with getting bond holders to forgive debt in exchange for stock. Jeremy Hobson reports the automaker is experiencing the threat on a much larger scale.
The Jonas Brothers are poised to be the next Disney TV tween sensations with their new series debut. But whether or not they can be as successful as Hannah Montana is still to be seen. Jennifer Collins reports.
The Fed this week told us the economy could be on the rebound later in the year. Is that just happy talk to move things along? Steve Chiotakis talks to Sam Stovall, Chief Investment Strategist at S&P Equity Research.
This month, 50 million retirees will get a one-time $250 bonus in their government check, no matter how much they make. The Social Security Administration says these checks will inject $13 billion into the economy quickly. Steve Henn reports.
Hollywood is hoping that X-Men Origins: Wolverine will rack in $100 million on its opening weekend. The movie business is actually breaking records, thanks to higher ticket prices at the box office. Steve Henn reports.