No image available
US senators grill CEOs as GM-Chrysler eye deal
The CEOs of General Motors and Chrysler said they would consider restarting merger talks if needed to win their slice of up to -billion in aid.
No image available
Prospect for US car-industry bailout dims
Chances have dimmed that a last-minute plan being crafted to provide -billion to bail out US automakers would receive enough backing.
No image available
US takes first step in bailing out car industry
US Senate Democrats took the first step towards bailing out the nation’s crippled auto industry on Monday by proposing a -billion loan programme.
No image available
Hundreds more flights cancelled in US
American Airlines has cancelled about 570 flights scheduled for Friday, raising to more than 3 000 the number this week it has grounded to reinspect the wiring on its MD-80 fleet for a second time. The disruption has affected more than 300 000 passengers, including Friday’s schedule cuts.
