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CIT Group’s biggest hurdle: Keeping customers

NEW YORK – (AP) A Chapter 11 filing usually means the end of the road for financial companies since they rely so heavily on customer trust. CIT Group Inc. is hoping that its case will be different. The commercial lender’s trip through bankruptcy reorganization may well be speedy giv Read more: …

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CIT Group’s biggest hurdle: Keeping customers

NEW YORK – (AP) A Chapter 11 filing usually means the end of the road for financial companies since they rely so heavily on customer trust. CIT Group Inc. is hoping that its case will be different. The commercial lender’s trip through bankruptcy reorganization may well be speedy giv

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GM hits a big speed bump

For General Motors, the road out of bankruptcy isn’t proving to be as smooth as its quick trip through it. More: GM hits a big speed bump

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Lack of Progress in Mideast Defies Obama’s Hopes – New York Times

Reuters Lack of Progress in Mideast Defies Obama's Hopes New York Times WASHINGTON — President Obama had hoped to go to his first United Nations meeting next week with at least one diplomatic coup: a plan to restart the long-stalled Middle East peace talks, to be announced in a three-way … Abbas meets Mubarak after Mitchell trip Reuters Abbas: Israel is blocking the road to peace Ha’aretz Road to Mideast peace 'blocked': Abbas AFP NPR  - Los Angeles Times  - Washington Post all 742 news articles »

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Five questions: Portland dealer confident incentives will send potential buyers to car lots

This week, the nation’s struggling auto dealers can tap into a federal lifeline meant to jump-start moribund car sales and get older, wasteful cars off the road. The “cash for clunkers” program sets aside $1 billion in consumer incentives. Continued here: Five questions: Portland dealer confident incentives will send potential …

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Shelby assails large gov’t role in General Motors

WASHINGTON – (AP) Sen.

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Chrysler says Fiat deal would help funding case

LINTHICUM HEIGHTS, Md. – (AP) Chrysler’s proposed alliance with Fiat will bolster its case to receive an additional $3 billion in government loans and put the struggling company on the road to becoming a “true global powerhouse,” a top company executive said Tuesday.  

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