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- Nov. 7 (Bloomberg) -- General Motors Corp. , seeking federal aid to avoid collapse, said it used $6.9 billion in cash in the third quarter and may fall below the minimum it needs to operate before the end of this year. GM said it will be near its ...
www.bloomberg.com
- Steven Ridenhour knows how to build a car. But after the Chrysler plant where he worked for 15 years shut down last week, Ridenhour has little else to show on his resume. With four kids, a wife and a mortgage, Ridenhour is scrambling to replace his $28-an-hour pay. He isn't optimistic. He knows thousands of others are being thrown out of work every month, making his job hunt a worsening struggle.
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