Bush announces 17.4 billion auto loans and restructuring plan
President Bush unveils 17.4 billion in emergency auto loans with conditions for viability by March 31 and potential orderly Chapter 11 bankruptcy if restructuring fails. Detroit’s Big Three push to rebuild amid recession while Obama prepares to take office and review terms for workers, creditors, and unions.
MENTIONED IN THIS ARTICLE
Washington
George W. Bush
U.S
Barack Obama
Bush
Detroit
Autoworkers Union
Congress
Obama
Obama boosts jobs goal amid weak economy
President elect Barack Obama raised his employment target to create or save 3 million jobs over two years as advisers warned unemployment could top 9 percent. The move follows a previous 2.5 million goal and comes ahead of a draft stimulus plan ready after meetings with Biden and the economic team.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Obama
Hawaii
Joe Biden
Chicago
Couple Refrains From Buying New For One Year In Lafayette
Andrea Tringo and Steven Posusta aim to avoid new purchases for a year in Lafayette Colorado. They sell their gas guzzler, rely on public transit and secondhand items, grow food, and borrow or barter for essentials. The Compact anti-consumption movement inspires a lifestyle shift with 10,000 followers worldwide.
MENTIONED IN THIS ARTICLE
Andrea Tringo
Colorado
Subaru
Tringo
Posusta
San Francisco
Iceland
Taiwan
Yahoo
Rachel Kesel
Pixie
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White House
United Auto Workers
New Congress
General Motors Corp
Chrysler LLC
Ford Motor Co
Carlos Osorio
AP Phatt
Nedra Pickler
Associated Press
Jillian Lloyd
Christian Science Monitor
Victor Posusta
Qasis Books
Lafayette
Colo
The
Journal-World
Families of
Audiologists
Awrence Journal-World
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