WASHINGTON (AP) — President Barack Obama wants smaller community banks to have greater access to the government's $700 billion financial rescue fund as the administration refocuses the bailout money on small businesses and homeowners and winds down programs aimed at big banks. ...more

October 20, 2009

The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely because of the auto industry. ...more

July 10, 2009

A. J. D'Amario of Hudson would rather see the government keep its hands off the private sector. ...more

April 15, 2009

Last year Kevin McNellis was trying to sell Buicks, Hyundais and GMC trucks in Elkhart, Ind. ...more

April 1, 2009

Turmoil in the U.S. auto industry was front page news in Japan on Tuesday, where the general reaction was a mixture of skepticism about the outlook for General Motors and Chrysler and concern about the fallout on homegrown brands. ...more

March 31, 2009

Sen. Mel Martinez expressed support for more bailout money for General Motors and Chrysler, saying the federal government cannot allow the U.S. auto industry to fail. ...more

March 31, 2009

President Barack Obama asserted unprecedented government control over the auto industry Monday, rejecting turnaround plans from General Motors and Chrysler and raising the prospect of controlled bankruptcy for either ailing auto giant. ...more

March 30, 2009

Sen. Mel Martinez expressed support for more bailout funds for General Motors and Chrysler, saying the federal government "cannot allow" the U.S. auto industry to fail. ...more

March 30, 2009

Pilloried and vilified, Rick Wagoner has agreed to step down as General Motors Corp. chairman and chief executive as part of a White House plan to provide more aid to U.S. automakers. ...more

March 30, 2009

General Motors Corp. Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday. The news comes as President Obama prepares to unveil additional restructuring efforts designed to save the domestic auto industry. ...more

March 29, 2009