Senate committee examines automobile industry's financial woes in Washington
Robert Nardelli, chairman and CEO of Chrysler LLC, testifies before the Senate Banking, Housing and Urban Affairs Committee regarding the condition of the U.S. automobile industry on Capitol Hill in Washington on November 18, 2008. Congress is investigating the merits of financial assistance for the troubled industry. With Nardelli are Ron Gettelfinger, president of the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (L) and Alan Mulally, president and CEO of the Ford Motor Company. (UPI Photo/Roger L. Wollenberg)
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TORONTO, April 17 (UPI) -- Chrysler Canada's top two executives told 8,000 employees Friday if they didn't accept benefit reductions, the company would fold.
DETROIT, Dec. 12 (UPI) -- Chrysler LLC Chairman Robert Nardelli Friday urged employees to contact the White House to urge approval of a rescue package for the U.S. auto industry.
OVERLAND PARK, Kan., March 28 (UPI) -- Sprint Nextel lost customers and share value in 2007, but former CEO Gary Forsee, forced to resign in October, walked away with $40 million.
AUBURN HILLS, Mich., March 13 (UPI) -- Chrysler LLC announced Thursday the company would shut down for two weeks in July "to accelerate Chrysler's recovery and transformation."
DETROIT, March 8 (UPI) -- Chrysler LLC will close its auto design studio in Carlsbad, Calif., a company spokesman said.
DETROIT, Dec. 22 (UPI) -- Chrysler Chief Executive Officer Robert Nardelli has denied reports the Detroit automaker is in a financial crisis, saying it's solid.
DETROIT, Sept. 6 (UPI) -- James Press, Toyota’s North American operations president and chief operating officer, was named vice chairman and co-president of newly independent Chrysler.
VININGS, Ga., May 23 (UPI) -- U.S. home-improvement retailer Home Depot Inc. plans to run its annual meeting this year starkly differently from last year's fiasco, the company said.
Roman Catholic officials in Manila say there's no getting around it -- you either do it in person or you're not forgiven.
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