The Senate's denial of a $14 billion loan package for the auto industry has a global effect. Scott Jagow talks to David Buick with the Cantor Index about the roughly 2 million people employed throughout the industry.
With the Senate's failure to approve the $14 billion loan for the auto industry, the White House is considering stepping in with bailout money. Meanwhile, finger pointing over GOP senators' opposition has begun on Capitol Hill. Dan Grech reports.
The House approved $14 billion in loans to help automakers survive. But things don't look promising for the bill as it heads to the Senate, where Republicans are threatening a filibuster. Dan Grech reports.
The heads of Ford have stepped out of the plan for the auto industry bailout, saying they don't need the money. But why was Ford able to jump ship and not GM or Chrysler? Dan Grech explores a critical company move.
To get its $15 billion loan, the auto industry has to devise a restructuring deadline and deal with a car czar. Steve Chiotakis talks to Marketplace's Dan Grech about what's being negotiated in the deal.
The proposed $15 billion loan for the auto industry is expected to go to vote today. But what can the money actually accomplish if approved? Scott Jagow asks David Bailey from the Birmingham Business School in England.