DETROIT – (AP) Talks between Chrysler LLC’s lenders and the Treasury Department to reduce the automaker’s $6.9 billion in secured debt and keep it out of bankruptcy protection have disintegrated, a person familiar with the talks said early Thursday. Chrysler’s fate was in th
Tagged chrysler, keep-it-out, person-familiar, secured-debt, talks, thursday, treasury-department, with-the-talksWASHINGTON – (AP) President Barack Obama says he is “very hopeful” for a resolution that keeps Chrysler a viable auto company. Chrysler has borrowed $4 billion from the government since the beginning of the year and could soon be in danger of running out of cash wi
Tagged a-viable-auto, beginning, billion-from, chrysler, from-the-government, government, obama, president, president-barack, running-out, since-the-beginning, the-government, the-year, very-hopeful, viable-autoMISSOULA, Mont. – (AP) The founders of the Yellowstone Club are trading blame over who is responsible for the financial collapse of the Montana haven for the rich that has fallen more than $400 million into debt. Members of the private ski resort including former Vice Presid
Tagged 400-million, blame-over, financial-collapse, haven-for, including-former, mont-, montana, private, ski-resort, the-private, yellowstoneWASHINGTON – (AP) A dozen financial groups, including the U.S. Chamber of Commerce and American Bankers Association, on Wednesday urged every member of the U.S. Senate to reject a key piece of President Barack Obama’s plan to keep tens of thousands of Americans from losing their homes
Tagged association, commerce, dozen-financial, font, from-losing, homes, including-the, key-piece, president, president-barack, their-homes-, urged-every, wednesdayARCADIA, Calif. – (AP) Breeders’ Cup officials say horse racing’s year-end world championships will go on as planned at Santa Anita in November despite the track’s owner filing for bankruptcy. Breeders’ Cup president Greg Avioli said Wednesday that a Delaware bankruptcy cou
Tagged avioli, bankruptcy-cou, calif-, despite-the-track, for-bankruptcy, horse-racing, november, officials-say, owner-filing, santaDALLAS – (AP) American Community Newspapers Inc., which operates smaller newspapers in four major U.S.
Tagged and-severe, chapter, for-bankruptcy, four-major, has-filed, major, newspapers, smaller-newspapers, which-operatesWARREN, Mich. – (AP) Individuals who hold General Motors Corp.
Tagged a-news-conference, bonds-said, detroit-, far-away, from-as-far, general, individuals, said-hold, swap-the, warrenMILAN – (AP) Fiat vice chairman John Elkann said Tuesday that the viability of an alliance between Fiat and Chrysler won’t be known until Thursday, the U.S. government’s deadline for Chrysler to wrap up a deal, Italian news agencies reported.
Tagged alliance-between, chrysl, chrysler, deadline-for, italian, known-until, milan, news-agencies, situation-with, thursday, tuesday, vice-chairmanWILMINGTON, Del. – (AP) Lawyers for Washington Mutual Inc. have filed a bankruptcy court complaint against JPMorgan Chase & Co.
Tagged along-with, bankruptcy-court, chapter, chase, complaint-against, disputed-assets-, have-filed, lawyers-, morgan-chase, mutual-inc-, over-some, which-filedWILMINGTON, Del.
Tagged among-the-motions, and-oth, bankruptcy-judge, chapter, chicago, chicago-based, delaware, has-approved, motions, several-motions, times-media, tuesday, were-the, were-the-chicago