White House: The GM and Chrysler Bailouts Created 55,000 Jobs
Obama visits Detroit today to bolster his claims that the $86 billion spent to rescue GM and Chrysler from oblivion was well worth the jobs it has put people into, and the million or more the government says it has saved.
Continue reading White House: The GM and Chrysler Bailouts Created 55,000 Jobs
White House: The GM and Chrysler Bailouts Created 55,000 Jobs originally appeared on DailyFinance on Fri, 30 Jul 2010 09:20:00.
Filed Under: Company News, Economy, General Motors, Autos
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White House: The GM and Chrysler Bailouts Created 55,000 Jobs
Tags: auto bailout, autos, detroit, entry, fiat-, from-oblivion, house, million, obama, worth-the-jobs
Senate Republicans Block Small Business Aid Bill
Jul 29, 2010 Object
Senate Republicans blocked a final vote on a bill to provide aid for small businesses Thursday, using procedural tactics to stymie President Obama’s election-year agenda. Each side accused the other of playing politics.
Continue reading Senate Republicans Block Small Business Aid Bill
Senate Republicans Block Small Business Aid Bill originally appeared on DailyFinance on Thu, 29 Jul 2010 15:55:00.
Filed Under: Economy, Small Business
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Senate Republicans Block Small Business Aid Bill
Tags: block-small-, economy, gen.stanleymccrystal, harry reid, obama, other, thursday, white
Michigan and Ohio senators demand Obama gets tough on South Korean auto importing
Filed under: Government/Legal, Hyundai, Kia, South Korea
Talk to most analysts in the auto world, and they’ll say that the recent rise of South Korean automakers like Hyundai and Kia have been an absolute blessing to the industry as a whole. Consumers now have an array of quality, inexpensive products, extra jobs have landed in rural areas of the deep south thanks to American-based manufacturing facilities and the competition from low-priced models have forced domestic manufacturers to up their game.
But not everyone’s thrilled about the balance of automotive trade between the two nations. According to The Detroit News, senators Debbie Stabenow, D-Michigan, and Sherrod Brown, D-Ohio, recently wrote to the Obama administration in order to urge the President to take a hard line on the South Korean Free Trade Agreement.
The two senators aren’t taking issue with Korean products here in the U.S., they simply think it’s unfair that South Korea has a moratorium on importing any vehicles into the country. The senators want American companies to have the opportunity to do business on the peninsula - something that most automakers, with the exception of General Motors, have been pushing for since before the second President Bush was in office. GM, meanwhile, owns Korean automaker Daewoo, so it has no problem dealing with the current ban on auto imports.
For its part, Obama administration has said that it will once again open talks about the free trade agreement in hopes of making more American goods available in the global market.
[Source: The Detroit News | Image: Ted Aljibe/AFP/Getty Images]
Michigan and Ohio senators demand Obama gets tough on South Korean auto importing originally appeared on Autoblog on Tue, 20 Jul 2010 14:28:00 EST. Please see our terms for use of feeds.
Tags: a-gets-tough, check-out-our, country, debbie stabenow, detroit-news, edition-camper, entry, from-the-table, images, kia, korean trade relations, koreatraderelations, obama
Senate Passes Financial Reform Bill, Obama Will Sign
Jul 15, 2010 Object
The U.S. Senate voted Thursday to pass the most sweeping overhaul of financial regulations since the Great Depression, handing President Barack Obama a key election year victory.
Continue reading Senate Passes Financial Reform Bill, Obama Will Sign
Senate Passes Financial Reform Bill, Obama Will Sign originally appeared on DailyFinance on Thu, 15 Jul 2010 15:00:00.
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Senate Passes Financial Reform Bill, Obama Will Sign
Tags: economy, filed-under, harry reid, most-sweeping, obama, obama-will, pass-the-most, passes, president, since-the-great, taxes, year-victory-
What a FriendFinder-Playboy Hook Up Would Look Like
Jul 15, 2010 Object
Playboy has missed the Internet revolution, resulting in a dismal performance for shareholders. Web adult entertainment network and Penthouse owner FriendFinder wants to buy the company for at least $210 million — a chance for Playboy to get online assets.
Continue reading What a FriendFinder-Playboy Hook Up Would Look Like
What a FriendFinder-Playboy Hook Up Would Look Like originally appeared on DailyFinance on Thu, 15 Jul 2010 15:00:00.
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What a FriendFinder-Playboy Hook Up Would Look Like
Tags: a-chance-for, entry, filed-under, friend, friendfinder, has-missed, hugh hefner, matchmaking, media, most-sweeping, network-and, obama, obama-will, pla, playboy
Obama, Democrats Aim for Final Vote on Financial Reform
Jul 13, 2010 Object
President Barack Obama and congressional Democrats are aiming for a Thursday vote on the financial reform bill. With three GOP senators on board, Majority Leader Harry Reid appears to have the votes to bring the measure to the floor, where it is expected to pass largely along party lines.
Continue reading Obama, Democrats Aim for Final Vote on Financial Reform
Obama, Democrats Aim for Final Vote on Financial Reform originally appeared on DailyFinance on Wed, 14 Jul 2010 00:20:00.
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Obama, Democrats Aim for Final Vote on Financial Reform
Tags: entry, filed-under, final-vote, financial reform bill, financialregulation, harryreid, have-the-votes, majority-leader, obama, reform-bill, the-financial
With 3 GOP Votes, Democrats Near Wall Street Reform Passage
Jul 12, 2010 Object
Democrats moved a step closer to passing a Wall Street reform bill — and handing President Barack Obama an election-year victory — after securing the support of three Republican senators: Olympia Snowe and Susan Collins, both of Maine, and Scott Brown of Massachusetts.
Continue reading With 3 GOP Votes, Democrats Near Wall Street Reform Passage
With 3 GOP Votes, Democrats Near Wall Street Reform Passage originally appeared on DailyFinance on Mon, 12 Jul 2010 21:15:00.
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With 3 GOP Votes, Democrats Near Wall Street Reform Passage
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With Three GOP Votes, Democrats Near Wall Street Reform Passage
Jul 12, 2010 Object
Democrats moved a step closer to passing a Wall Street reform bill — and handing President Barack Obama an election-year victory — after securing the support of three Republican senators: Olympia Snowe and Susan Collins, both of Maine, and Scott Brown of Massachusetts.
Continue reading With Three GOP Votes, Democrats Near Wall Street Reform Passage
With Three GOP Votes, Democrats Near Wall Street Reform Passage originally appeared on DailyFinance on Mon, 12 Jul 2010 21:15:00.
Filed Under: Economy, Investing, Taxes
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With Three GOP Votes, Democrats Near Wall Street Reform Passage
Tags: billion, democrats, entry, filed-under, financial reform, img-vspace, obama, president, susan collins
Obama Sees ‘Hard Days Ahead,’ Despite Pockets of Economic Recovery
Jul 8, 2010 Object
Speaking at the Smith Electric Vehicles plant in Missouri, President Barack Obama said Thursday that the economy is growing, with private companies adding jobs in each of the last six months. But he also projected some hard days ahead.
Continue reading Obama Sees ‘Hard Days Ahead,’ Despite Pockets of Economic Recovery
Obama Sees ‘Hard Days Ahead,’ Despite Pockets of Economic Recovery originally appeared on DailyFinance on Thu, 08 Jul 2010 20:30:00.
Filed Under: Technology, Economy, Green, Taxes, Small Business
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Obama Sees ‘Hard Days Ahead,’ Despite Pockets of Economic Recovery
Tags: also-projected, despite-pockets, electric-car, entry, foursquare, green, has-bought, location-based, obama, president, small-business, smith-electric, taxes, technology, technology-and
Report: Ford CEO Mulally named to Obama Export Council
Filed under: Government/Legal, Ford
Ford CEO Alan Mulally has been named to President Obama’s export council. The council, which has been around since 1973, has been tasked with increasing exports by 50 percent within five years. Mulally will be one of the 28 private sector members of the council, which consists of industry leaders and politicians. Ironically, Mulally will report to Boeing CEO W. James McNerney Jr. who edged out Mulally for the top spot at Boeing right before Mulally left his employer of 37 years for the top spot at Ford.
Mulally and company will be working trade equality in a world where countries like China are accused of manipulating currency to better position their products against those made here in the States. Other countries like South Korea are far more closed to imports than the U.S. market. Despite these challenges, exports during the first four months of 2010 are up by 17 percent compared to the same period in 2009.
[Source: Detroit News | Image: William Thomas Cain/Getty]
Report: Ford CEO Mulally named to Obama Export Council originally appeared on Autoblog on Wed, 07 Jul 2010 17:20:00 EST. Please see our terms for use of feeds.
Tags: a-are-accused, a-friend-via, better-position, china, detroit-news, european-union, fueleconomy, lincoln, news, obama, president, william-thomas
