GM faces bankruptcy fears hit buyers stay away
Bankruptcies loom as GM and Chrysler face cash shortfalls with Ford asserting enough liquidity. Public doubt grows as CNW Research figures cited by CEO Rick Wagoner show 80 percent would not consider GM brands if bankruptcy occurs. Potential Chapter 11 could pause payments and allow reorganization, while Chapter 7 risks liquidation and asset transfer.
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New York
General Motors
Chevrolet
Cadillac
Detroit
Kevin Ketels
Grosse Pointe Woods
Mich
General Motors Corp
Buick
Saturn
Saab
Rick Wagoner
CNW
Chrysler
Bob Nardelli
Ford Motor Co
Hope Kept Alive After Cedar River Flooding in Iowa
SanDee Skelton explains she stays hopeful despite personal losses from the Cedar River flood. Her husband died, daughter battled a brain tumor, and her home at 1125 10th St NW was ruined. She credits faith and resilience as she speaks ahead of a KCRG-TV9 interview.
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Slosiareks
SanDee Skelton
Cedar Rapids
Skelton
Rossiter
Gazette
Edar Rapids
Cedar River
Time Check
10Th St
TV watching linked to lower happiness in U S study
A study using General Social Survey data finds unhappy people spend 30 percent more time watching TV, about 5.6 extra hours weekly, while happier individuals spend more time socializing, reading, and engaging in religious activities. Researchers caution this shows association, not causation.
MENTIONED IN THIS ARTICLE
University of Maryland
John P. Robinson
Social Indicators Research
Robinson
Steven Martin
Obama set to ease federal limits on stem cell research
President elect Obama is expected to lift federal restrictions on embryonic stem cell funding while supporters urge ethical use of donated embryos. House leaders hint at action in early Congress, amid debate over destroying embryos for research and potential medical benefits.
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Obama
Washington
Barack Obama
House
Nancy Pelosi
D-Calif
Congress
Joe Pitts
Bush
John Podesta
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Www.gazetteonline.com
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Gazetteonline.com
Iowa City
Eee
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