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The chief executives of General Motors and Ford expressed remorse for having to beg the American taxpayer for a $34 billion (£23 billion) hand-out and insisted that they were learning from their mistakes.
WASHINGTON - Desperate U.S. automakers ran into fresh obstacles from skeptical lawmakers Thursday as they appealed with rising urgency - and a new dose of humility - for a $34 billion bailout. Without help, said one senator, "we're looking at a death sentence."
The fate of the Big Three US automakers remained uncertain Friday after contrite chief executives asked skeptical senators to deliver a 34-billion-dollar bailout for the ailing industry.
Preparing for her new role as secretary of state, Hillary Rodham Clinton is moving to surround herself with a cast of die-hard loyalists and veterans of her husband's administration to help her cope with world crises and backstage Washington power plays.
TAMPA, Fla. — The Boston Bruins are still at it in December. David Krejci scored the tiebreaking short-handed goal in the third period to lead Northeast Division-leading Boston past the Tampa Bay Lightning, 3-1, last night.
The government would order a major restructuring of Detroit's struggling Big Three auto companies in exchange for a multibillion-dollar bailout under a plan circulating in Congress.
WHITTIER - The public is invited to the 20th annual Bill Bell Bird Walk at 8 a.m. Saturday at Whittier Narrows Nature Center, 1000 N. Durfee Ave.
Seventy first-grade students from Immaculate Conception School will join children's-book artist LeUyen Pham today in creating a holiday window display at Cover to Cover, 3560 N. High St.
The Center for International Forestry Research today released a comprehensive analysis clarifying major challenges and offering an assortment of options that could help negotiators reach a global agreement on reducing carbon emissions tied to forest destruction and degradation.
Not surprisingly, neither the outgoing Bush administration, President-elect Barack Obama nor the Democratic leaders of Congress wants to be blamed for the loss of a once-proud domestic auto industry and the disappearance of hundreds of thousands of jobs.
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