Wall Street focus: Autos and the Fed
Investors consider the outlook for Detroit’s Big Three, a likely interest rate cut from the central bank and earnings from Goldman Sachs, Oracle and others.
By Alexandra Twin, CNNMoney.com senior writer
Investors return Monday for the last full trading week of what has been for many an unbelievable, and unbelievably difficult, [...]

Auto bailout collapses in Senate
Negotiations to bring measure up for vote fall short, possibly dooming GM, Chrysler to bankruptcy.
By Chris Isidore, CNNMoney.com senior writer
Hopes for Congressional approval of a bailout of the U.S. auto industry appeared to fall apart late Thursday night as Senate leaders said Democrats and Republicans were unable to reach a deal [...]

Deal on $15 billion auto bailout
White House, congressional Democrats reach agreement that could bring quick vote on stopgap rescue plan.
The White House and leading congressional Democrats have reached an agreement on legislation to provide a stopgap bailout to U.S. automakers, according to officials from the administration and Congress.
White House Deputy Chief of Staff Joel Kaplan [...]

U.S. Auto Chiefs Appeal to Congress for Emergency Aid
The Big Three automakers renewed their plea for an emergency federal bailout, as the head of General Motors Corp. told a deadlocked Congress the industry has made some wrong turns and economic forces pushed it
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Detroit: Wait until after next year
Congress wants the Big Three to produce a plan for profitability before it will approve a bailout. This could be within reach…but not until 2010.
By Chris Isidore, CNNMoney.com senior writer
NEW YORK (CNNMoney.com) — A profitable U.S. auto industry just around the corner? Given the crisis hitting the industry, it sounds [...]

Asian Markets Recover, European Shares Up Slightly
By KEITH BRADSHER and BETTINA WASSENER
Published: November 20, 2008
HONG KONG
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