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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Dec 12, 2008

Page

17

Wall Street slides on auto bailout fears in Senate stall

Wall Street fell sharply as hopes for a $14 billion auto bailout waned with opposition mounting in the Senate. The Dow dropped 196.33 points to 8565.09, the S&P 500 fell 25.65, and the Nasdaq slid 57.60 as traders weighed automaker aid, unemployment data, and a fragile economic outlook.

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Big 3 rescue talks stall after marathon Capitol session

Washington ABP reports labor, lawmakers, and auto industry at private Capitol bargaining over a 14 billion dollar federal bailout for General Motors, Ford, and Chrysler. Senate leaders hailed progress while Republicans push wage and benefit cuts to align with Japanese automakers.

Washington Capitol Senate Harry Reid Nevada United Auto Workers Union General Motors Corp Ford Motor Co Chrysler LLC General Motors Chrysler Ford Mitch McConnell Kentucky House U.S Nissan Toyota Honda United States Bob Corker Tennessee UAW Law

Also Mentioned on This Page

the Market IN Review Daiy Dow . Jones Dow Jones Industrials Seiteg Stock Exchange New York Detroit Chris Dodd Connecticut Senate Banking Committee White House McConnell Our Christmas Madalyn Marie Tim & Jean Merry Our Christmas Angel Bluefield Daily Telegraph Santa’s Little Friends P.O Bluefield
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