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General Motors is edging closer to running out of money, as slumping sales and deteriorating economic conditions drove the automaker to a larger-than-expected loss of $4.2 billion in the third quarter, excluding a one-time gain. ...more
November 8, 2008
General Motors Corp.'s efforts to hoard cash and outlast a prolonged economic slump claimed the jobs of more than 2,700 workers Monday as the automaker announced the demise of factories in Michigan and Wisconsin. ...more
October 15, 2008
General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. ...more
October 12, 2008
Wachovia Corp. has begun preliminary merger talks with Banco Santander SA of Spain, Wells Fargo & Co. of San Francisco and Citigroup Inc. of New York, The Wall Street Journal and The New York Times reported Friday, citing people familiar with the matter. ...more
September 27, 2008
and their customers - are in a difficult spot. Skyrocketing fuel prices are forcing cost cuts elsewhere, so airlines are grounding planes, trimming jobs, and nickel-and-diming passengers for everything from snacks to checked bags. ...more
June 13, 2008
Delta Air Lines, poised to become the world's largest carrier by acquiring Northwest Airlines, plans to drop more flights to blunt soaring fuel bills. ...more
June 4, 2008
Just two weeks after breaking off merger talks, Microsoft Corp. and Yahoo Inc. have been pulled back to the bargaining table by their fears about what might happen if they don't work out a deal. ...more
May 20, 2008
The Westchase and Westchase East community development districts met Tuesday evening to further merger talks and to settle on future legal representation. ...more
May 10, 2008
Continental Airlines said Sunday it has abandoned merger talks with United Airlines and plans to remain an independent carrier, a blow to lengthy efforts by United to find a merger partner. ...more
April 28, 2008
The boards of directors of Delta Air Lines Inc. and Northwest Airlines Corp. were expected to vote today on a combination provided their pilot unions can reach their own integration deal by then, people briefed on the discussions said Tuesday. ...more
February 20, 2008
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