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...Auto Workers union and bondholders that the government is dead serious about implementing a major restructuring of both companies - and won't wince at bankruptcy if that's what is required to get the job done. GM's new CEO, Frederick A. Henderson, basically repeated that message at his Tuesday-morning press conference, even going so far as to say that bankruptcy was now "more probable," though not desirable. (See pictures of the remains of Detroit...
President Barack Obama loves to talk about the great promise of energy reform, but all it takes is one glance down Pennsylvania Avenue to get a sense of the pitfalls of such ambitious designs. That was especially clear on Tuesday, as Congress ran both hot and cold on legislation to fight global warming...
Today Show co-anchor Matt Lauer will address the Class of 2009 on Class Day, the Senior Class Committee announced Tuesday...
Take her first and only loss of the season, for example. It took a four-hit pitching gem from UNC Greensboro starter Hannah Angel last Tuesday to beat the Crimson ace. Though not one to make excuses, Brown pointed to fatigue as a possible reason for the loss. Ever the competitor, she could not wait for a chance to “regain her footing...
Barack Obama may be new to the world of international diplomacy, but he has already scored an impressive victory by co-opting Iran into joining the U.S.-led efforts to rebuild Afghanistan. At an international, one-day conference on Afghanistan at the Hague, Tuesday, Iranian Deputy Foreign Minister Mohammad Mehdi Akhundzadeh offered to help fight the Taliban, saying that, "Iran is fully prepared to participate in the projects aimed at combating drug trafficking and plans in line with developing and reconstructing Afghanistan...