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Auto Bailout Debate Turns to Bankruptcy

Wed, 19 Nov 2008 16:00:00 -0500 - U.S. automakers seem unlikely to secure $25 billion in emergency loans from Congress. But a new debate has emerged over the possibility of a planned or "pre-packaged" bankruptcy filing.

A Parts Firm Exec's View Of Car Industry Woes

Wed, 19 Nov 2008 16:00:00 -0500 - Gregg Sherrill, chairman and CEO of the auto parts manufacturer Tenneco Inc. talks to Melissa Block about problems with the auto industry. His company has been hit hard by the financial problems of GM, Chrysler and Ford. He supports a bridge loan for the companies.

Dow Dips Below 8,000 To 5-Year Low

Wed, 19 Nov 2008 16:00:00 -0500 - The Dow Jones industrial average closes below 8,000 points for the first time since March 2003.

Electric Car Manufacturer Hopes To Generate Sales

Wed, 19 Nov 2008 15:06:00 -0500 - Even as America's troubled auto industry seeks a handout from Congress, a relatively new car manufacturer that's tailored for the 21st century is trying to get traction. Tesla Motors Inc., in Silicon Valley, hopes its $110,000 Roadster will make inroads for a cheaper family sedan.

Consumer Prices Fall By Largest Amount Since 1947

Wed, 19 Nov 2008 13:47:00 -0500 - The drop in inflation in October reflects a huge fall in gasoline prices and widespread decline in other areas. Consumer prices fell by 1 percent in October, the biggest one-month decline on records that go back to February 1947.

Saving For College In Pennsylvania

Wed, 19 Nov 2008 13:00:00 -0500 - Cathy Walker of Ardmore, Pa. is struggling to keep her bills paid while looking after her mother. She says she's also worried about helping her teenage daughter save for college.

Carly Fiorina On Silicon Valley's Future

Wed, 19 Nov 2008 13:00:00 -0500 - Silicon Valley was once thought of as recession-proof, but the technology sector is taking hits in the current economic downturn. The Hewlett-Packard's former chief executive officer discusses the state of Yahoo, Google and Silicon Valley.

Video Games Suck Up Energy Like Vampires

Wed, 19 Nov 2008 13:00:00 -0500 - Want to cut down on your utility bills? You may want to take a second look at your Wii, Play Station and X-Box. A video game console can suck up as much energy as two refrigerators.

Q&A: Pondering Options For Detroit's Future

Wed, 19 Nov 2008 12:45:00 -0500 - The Big Three automakers are petitioning Congress for a $25 billion lifeline, but growing opposition makes the outlook for the bailout uncertain. Analysts say both Ford and GM will need to restructure and continue their efforts to focus and improve their product lineup regardless of whether government help comes through.

How To Have Festive (Yet Frugal) Holidays

Wed, 19 Nov 2008 11:46:00 -0500 - Decking the halls might not be an option this season if paying the mortgage is a higher priority. Guests and callers share creative ideas for holiday giving — from shopping smarter to making your own crafty gifts.

Rep. Frank Wants Bailout Shared With Automakers

Wed, 19 Nov 2008 09:49:00 -0500 - CEOs from GM, Ford and Chrysler appear Wednesday before the House Financial Services Committee. Rep. Barney Frank, the committee's chairman, has drafted legislation extending the $700 billion rescue program to Detroit's Big Three automakers — and requiring that they meet conditions in return, Frank says.

Gear Heads Prepare For Los Angeles Auto Show

Wed, 19 Nov 2008 09:36:00 -0500 - It's time for the Los Angeles Auto Show, the first major North American auto show of the season. It's known for presenting cutting-edge technology and design. Mark Phelan, automotive critic for the Detroit Free Press, talks with Renee Montagne about what will — and won't — be on the floor of the convention center this year.

Census Bureau Needs Temporary Workers

Wed, 19 Nov 2008 09:06:00 -0500 - The Census Bureau is recruiting people to help with the next big population count — the 2010 Census. It's hiring about 140,000 workers to help update address lists. After the census is mailed out in 2010, the bureau plans to hire about a million people to follow up with residents who don't mail back the form.

Third-Quarter Home Sales Drop

Wed, 19 Nov 2008 09:04:00 -0500 - New home sales figures are out, and the news isn't good. The National Association of Realtors says 4 out of 5 metropolitan areas saw home prices drop in the third quarter, compared with the year before. Meanwhile, sales of existing homes fell in 32 states.

Auto Execs: Economic Downturn Is The Bad Guy

Wed, 19 Nov 2008 08:50:00 -0500 - Executives from Detroit's Big Three automakers are back on Capitol Hill — appearing before a House committee Wednesday. They pleaded Tuesday with the Senate Banking Committee for a $25 billion lifeline. They warned of a national economic catastrophe should they collapse, resulting in millions of layoffs. They said the severe economic downturn is the reason they need aid.