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WASHINGTON -- A $14 billion emergency bailout for U.S. automakers collapsed in the Senate on Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts.

WASHINGTON - A House-passed bill to speed $14 billion in loans to Detroit's automakers stands on shaky ground in a bailout-weary Congress, undermined by Republican opposition that could derail the ...

The Senate will attempt to pass a multibillion-dollar effort next week intended to prop up the Big Three automakers, but the details of the plan have yet to be worked out. Lawmakers expressed a new ...

“Given the current weakened state of the U.S. economy, we will consider other options, if necessary including use of the TARP program, to prevent a collapse of troubled automakers,” White House ...

NEW YORK (MarketWatch) -- U.S. stocks on Friday pulled mostly higher for another week, as investors drew a sigh of relief after the White House stepped in to rescue automakers, offsetting worries that ...

Congressional leaders are hammering out a deal with the White House to offer General Motors and Chrysler $15 billion in low-interest loans. Two reporters discusses the details. Even as the Bush ...

WASHINGTON - Emergency aid for the nation's imperiled auto industry was thrown into jeopardy Wednesday, opposed by Republicans who were revolting against a hard-fought deal between Democrats and the ...

Fred Hoffman is a retired Chrysler executive. He served as a special assistant to Gov. Jennifer Granholm during the auto rescue. As the Obama administration's record moves into the history books, I ...

A key part of Mitt Romney's strategy in last night's debate was to shift the focus away from foreign policy -- even in the debate devoted to foreign policy -- and onto the economy. There was, however, ...

Sometimes, swift and forceful government intervention in the private sector is the only way out of a crisis. By Steven Rattner Mr. Rattner was counselor to the Treasury secretary and head of the White ...

It was just a few years ago that policymakers, with the American auto industry on the brink of collapse, had a decision to make. President Obama launched an ambitious rescue, and immediately, Mitt ...