General Motors became the largest U. S. industrialized company to ever file for bankruptcy protection Monday. Utah dealerships know it needed to happen so the company can survive, but they know the pain might trickle down to them. “Now customers know General Motors is going to emerge from this as …

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General Motors Corp. filed for bankruptcy protection in a Manhattan courtroom this morning, a step President Obama characterized as painful but necessary to “give this iconic American company a chance to rise again.” As much as the filing signals a new era in the story of American industry and a low …

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Sao Paulo(Brazil), June 01: A missing Air France jet carrying 228 people from Rio de Janeiro to Paris has crashed into the Atlantic Ocean after it ran into lightning and strong thunderstorms, officials said on Monday. Brazil has begun a search mission off its northeastern coast. The Airline …

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Pakistan’s police and intelligence officials were last night investigating reports that Taliban militants had kidnapped 300 students, their teachers and close relatives in retaliation for the military offensive against one of their strongholds. The kidnapping, if confirmed, would be the largest …

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General Motors Corp. filed for bankruptcy protection Monday as the iconic U.S. automaker rid itself of decades-old financial burdens and shed thousands more jobs in a streamlining aided by massive help from the Obama administration and C$10.5 billion from Canada. General Motors’ bankruptcy filing is …

Original post by NEWS - Bing News

General Motors Corp. filed for bankruptcy protection Monday as the iconic U.S. automaker rid itself of decades-old financial burdens and shed thousands more jobs in a streamlining aided by massive help from the Obama administration and C$10.5 billion from Canada. General Motors’ bankruptcy filing is …

Original post by NEWS - Bing News

SAO PAULO, Brazil — A missing Air France jet carrying 228 people from Rio de Janeiro to Paris ran into a towering wall of thunderstorms over the Atlantic Ocean, officials said today, fearing that all aboard were lost. The area where the plane could have gone down was vast, in the middle of very …

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President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as ‘‘reluctant shareholder’’ when it assumes a 60 percent ownership of the smaller carmaker that emerges. “We anticipated it,” said Karl Moedl, whose dealership …

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French and Brazilian military aircraft Monday searched the Atlantic Ocean for an Air France plane carrying 228 people from Rio de Janeiro, Brazil, to Paris that disappeared off the Brazilian coast after it encountered strong turbulence. Air France issued a statement offering condolences to the …

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WICHITA, Kan. - A man suspected of fatally shooting abortion provider George Tiller in church was in jail Monday while investigators sought to learn more about his background, including his possible connections to anti-abortion groups. Tiller, 67, was serving as an usher during morning services …

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