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Business

Taxpayers Take Early Hit In Bailout Gamble

Politics: CBSNews.com - 12 minutes ago

Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value - about $9 billion - in barely one month.
The Real Price Of The Auto Bailout

Politics: CBSNews.com - 12 minutes ago

U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive.
What's The Real Price Of Bailout?

Breaking News: CBSNews.com - 14 hours ago

U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive.
End Of The Line?

Breaking News: CBSNews.com - 15 hours ago

U.S. automakers drew fresh skepticism from lawmakers Thursday in a rocky confrontation over their pleas for an expanded $34 billion rescue package they say they need to survive.
The $34B Apology

Politics: CBSNews.com - 20 hours ago

Humbled U.S. automakers pleaded with Congress Thursday for an expanded $34 billion rescue package, but heard fresh skepticism in a bumpy encore appearance.
AT&T Slashing 12,000 Jobs

Breaking News: CBSNews.com - 23 hours ago

AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
Stakes High As Big 3 Return To Congress

Breaking News: CBSNews.com - Dec 4, 2008

U.S. automakers are returning to Congress for high-stakes hearings they hope will persuade lawmakers to save their troubled industry with $34 billion in emergency aid, but a top Senate Democrat wants to hand their …
Union Pitches In, But Bailout Hopes Dim

Breaking News: CBSNews.com - Dec 3, 2008

United Auto Workers President Ron Gettelfinger said that the union is willing to change its contract and will delay billions of dollars in payments to a union-run health care trust in an effort to help the struggling …
UAW Makes Concessions As Bailout Hopes Dim

Breaking News: CBSNews.com - Dec 3, 2008

United Auto Workers President Ron Gettelfinger said that the union is willing to change its contract and will delay billions of dollars in payments to a union-run health care trust in an effort to help the struggling …
Treasury Urged To Lower Mortgage Rates

Breaking News: CBSNews.com - Dec 3, 2008

Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.

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