U.S. Canada Relations - is there a conflict in Ideologies

Prime Minister Harper, President Filipe Calderon and President Obama held a news conference yesterday after the Three Amigo Summit in Guadalajara, Mexico. Canada's position on the "Buy America" clause in the U.S....

Ford posts surprise Second Quarter profit

Ford Motor Company, the only major American automaker that did not take stimulus money, has posted a surprise second quarter profit.  Ford posted a profit of $2.8 Billion in the second quarter. ...

Canada's Magna Good for Opel, Merkel

Canadian Auto Parts giant will be good for Opel.  This is the opinion of Andrea Merkel, Chancellor of the Federal Republic of Germany.  Merkel says that Magna will promote future prospects of the...

Is this the End of Capitalism in Germany?

By, Uwe Paschen. Could this be the beginning of the end for Capitalism?  On Saturday another demonstration took place with an  estimated 100,000 Workers marching through Berlin in protest and anger. Stating on...

Job Doesn’t Require GM CEO to Earn a Profit?

One year after I offered to save Ford Motor Company $27.5 million by accepting an annual salary of $2 million in exchange for serving as the company's CEO, I realized I should have made the offer to serve as the...

President Obama's Prime Time Press Conference & Online Town Hall

Updated Post Press Conference:Video replay here. The President fielded 13 questions and a handful of follow-ups during a session that lasted just under an hour.  The President discussed a variety of...

GM Hit Hard by Auto Crisis, $30.9B Lost, Worst Year Since 1982

General Motors Corp. announced its fourth quarter figures today and they were worse than expected.  CFO Ray Young noted that GM will need as much as $30 billion in government aid just to stay out of Chapter 11....

H. Clinton To Visit Japan on her first overseas trip.

By, Uwe Paschen H. Clinton is to visit Japan for her first official overseas trip as US Secretary of State for the Obama administration, She will meet with Prime Minister Taro Aso. Wile here in Japan she will most...

Weekly Radio Spin: Raytheon and On

Listen to this week's edition of the "Weekly Radio Spin," the Center for Media and Democracy's audio report on the stories behind the news. This week, we look at nominating a military lobbyist, selling the auto...

The Global Common Currency, to avoid another Financial Crisis

By, Uwe Paschen.  The Global recession could have been avoided even with the latest financial scandals and the US mortgage crisis would we have had a common global currency. Some of the hard ship that companies do...

Toyota Struggling in Tough Economy, Seeks to Slash Worker Wages

Toyota may be stiff competition for American automakers but it is struggling to stay afloat in these tough economic times all the same.  Early this week Toyota announced it would initiate an 11 day work stoppage by shutting down production at plants in Japan as part of...

Toyota's First Solar powered Car.

By, Uwe Paschen.  Toyotas First Solar Powered car  Toyota is in spite of a Global Recession and maybe soon to be Depression, as well as its first annual loss in 70 year still investing into environmental...

Weekly Radio Spin:Auto Executives Try to Drive the Media

Listen to this week's edition of the "Weekly Radio Spin," the Center for Media and Democracy's audio report on the stories behind the news. This week, we look at the Pentagon's PR slush fund, the U.S. auto...

Major US Car Manufacturers Facing Disaster, but Not Alone

The news from the Republican side of the isle today bode ill for GM and Chrysler. GOP party poopers said no to the massive bail out plans that the Bush Administration and the Democrats want to push through. NO...

‘Driving Tips’ Offered to Big Three Auto Executives

Despite two recent trips to Washington, D.C. — first by private jet, then by electric vehicle — Big Three executives seem incapable of turning around the no-longer-profitable domestic automobile industry in the face of stiff competition from foreign manufacturers. ...

closeSign in to NowPublic

is reporting from