General Motors Posts $9.6 Billion Quarterly Loss

msnbc.com: Top msnbc.com headlines, NBC News
Thu, 02/26/2009 - 5:52am

General Motors Corp. posted a $9.6 billion fourth-quarter loss Thursday and said it burned through $6.2 billion of cash in the last three months of 2008.

NEXT
Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Ford shareholders reject stock proposal
    Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
BING NEWS:
  • GM warns of $5B hit in upcoming quarterly report
    Auto giant General Motors warned in government filings on Wednesday that it will take a $5 billion hit in the fourth quarter because of its operations reconstruction in China.
    12/4/2024 - 4:31 am | View Link
  • Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets
    The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this ...
    12/3/2024 - 9:37 pm | View Link
  • More

 

Comment On This Story

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News

  • Colleges’ career outcome stats often omit the knowledge rate. Here’s what to ask them
    Fast Company, Sunday - 12/22/2024 - 11:00 AM

    The knowledge rate is the percentage of graduates who shared their outcomes with their college after graduating and that the college can reasonably verify. When high school students and their families investigate which college is the best fit, they will inevitably be inundated with various facts and figures. Brochures and websites might highlight the school’s dining halls or student-led clubs and activities.

    More | Talk | Read It Later | Share
  • 4 hours, 100 artists, and one 26-minute flute song: this epic new album is in support of trans rights
    Fast Company, Sunday - 12/22/2024 - 11:00 AM

    A new compilation from Red Hot arrives at a critical moment for the trans community—and the organization that produced the album. In 2024, the singer Sade released her first song in six years, Andre 3000 debuted a 26-minute flute song, and Sam Smith covered Sylvester’s “You Make Me Feel (Mighty Real)”—and it was all for the same project.

    More | Talk | Read It Later | Share
  • How Bob Dylan’s genre-bending transformed modern music
    Fast Company, Sunday - 12/22/2024 - 11:00 AM

    By the end of 1964, Dylan yearned to break away permanently from the constraints of the folk genre—and from the notion of ‘genre’ altogether. The Bob Dylan biopic A Complete Unknown, starring Timothée Chalamet, focuses on Dylan’s early 1960s transition from idiosyncratic singer of folk songs to internationally renowned singer-songwriter.

    More | Talk | Read It Later | Share
  • This new AI chatbot is your personal present-finding wizard
    Fast Company, Sunday - 12/22/2024 - 11:00 AM

    Use DreamGift to find the ideal gift for a friend, colleague, or family member—or just to get your creative juices flowing. Finding the perfect present isn’t always easy—especially if the people in your life are, let’s say, challenging to shop for.

    More | Talk | Read It Later | Share
  • How to handle these unpopular tactics used by health insurers
    Fast Company, Sunday - 12/22/2024 - 10:30 AM

    Health insurers’ tactics can adversely affect patients’ health and their trust in the healthcare system, which leaves patients in unthinkably difficult circumstances. The U. S. has made great progress in getting more people insured since the Affordable Care Act took effect in 2014. The share of uninsured Americans ages 18 to 64 fell from 18% before the ACA to 9.5% in 2022.

    More | Talk | Read It Later | Share
  • How to use Discord on your PS5 console
    ReadWriteWeb, Sunday - 12/22/2024 - 08:43 AM

    If you want to know how to use Discord on your PS5 console, then you’re in the right place. Fortunately, it’s easy and straightforward to enable and utilize the popular voice and text chat service on Sony’s latest console. We’ll be taking you through step-by-step instructions on how to link your Discord account, how to set it up, and then how to get the most out of it in 2024.  How to use Discord on PS5 Turn on your PS5 Go to settings Go to Users and Accounts Find Discord Link with Discord via the QR code or the website Authorize your Discord account with your PlayStation account You’re now set up to use Discord voice chat on PS5 Setting Discord up on PS5 is easy and takes around 30 seconds to do.

    More | Talk | Read It Later | Share