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General Motors Corp. says its "jobs bank" program will end Monday. The program gives union workers at the Detroit automakers most of their pay and benefits while they are laid off. ...more
January 28, 2009
The nation's already-strained job market was hit repeatedly Monday, as employer after employer announced job cuts ...more
January 27, 2009
Incumbent Frank Guglielmi won re-election as a supervisor in the Sun 'n Lake of Sebring Improvement District by a margin of 1,144 votes over his opponent, Dick Miller, in Friday's landowner election. ...more
January 27, 2009
Most congressional Democrats say the quickest way to save homeowners like Troy Butler of Saginaw, Mich., is to let them declare bankruptcy and allow judges to dictate new mortgage terms. ...more
January 25, 2009
Rising displeasure with the Troubled Assets Relief Program was apparent this week when the U.S. House voted 270 to 155 not to spend the second round of TARP money, even though representatives knew the vote was symbolic and wouldn't stop the $350 billion from being spent. ...more
January 24, 2009
For the first time since the Great Depression, General Motors cannot call itself the world's largest automaker. Its sales fell behind Toyota in 2008, a year when GM celebrated its 100th anniversary and narrowly avoided a bankruptcy filing amid a significant downturn in the economy. ...more
January 22, 2009
The Chevrolet dealership that replaced Bill Heard at Interstate 4 and Park Road came out of the starting gate with a bang, leading all but two locations in the number of Chevy sales during the first week of January. ...more
January 21, 2009
This is not only a new year. It also is the birth of the Union of the Socialist States of America (USSA). Reminds one of the failed union of socialist Soviet Republics (USSR), doesn't it? No, I'm not referring to an association of American states, such as Cuba, Venezuela and Bolivia. I have in mind what was once the economically responsible and stable, capitalistic, free-enterprise, United States of America. ...more
January 11, 2009
$266.9 billion Amount the Treasury Department has disbursed from the $700 billion financial rescue program, according to an announcement Thursday ...more
January 9, 2009
It was an awful December for carmakers, but the fortunes were most terrible for Chrysler LLC, which said Monday that sales plunged 53 percent. ...more
January 6, 2009
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