GM, Chrysler Bankruptcies Would Cause Turmoil for U.S. Economy
And would cause turmoil to world economy too: A bankruptcy filing by General Motors Corp. or Chrysler LLC might send the U.S. economy into chaos within weeks if it led to a shutdown at the companies. Industry experts and economists [...]
California Run Out of Money
SAN FRANCISCO, Dec 5 (Reuters) – California is on track to run out of cash in February or March and faces a $15 billion cash shortage by the end of its fiscal year in June unless officials plug an $11.2 [...]
