Business writer for the Detroit Free Press
Business writer for the Detroit Free Press
PROFILE
Tim Higgins
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FROM Tim Higgins
To the Point
GM Lost $4.3 Billion Following Bankruptcy General Motors has issued its first earnings report since it emerged from bankruptcy with the help of American taxpayers. It had a positive cash flow of $1 billion, but the bottom line shows a lost of $4.3 billion. Tim Higgins reports on business for the Detroit Free Press .
To the Point
GM Emerges from Bankruptcy General Motors emerged from bankruptcy today and CEO Fritz Henderson declared that “ business as usual is over .” Acknowledging the support GM has received during its transformation, he vowed to make the intensity, decisiveness and speed “the new norm” in the company's day-to-day operations. Tim Higgins is automotive reporter for the Detroit Free Press .
Which Way, L.A.?
The Fall of an Industrial Titan: GM Goes Bankrupt It used to be said that “what's good for General Motors is good for the country.” Not any more. The car company that muscled its way to becoming one of the largest manufacturers in the world filed for bankruptcy today. It's the fourth largest bankruptcy in American history. After pouring billions of dollars into the failed company, how will the US government restructure GM, as it becomes the major stakeholder? Will the United Auto Workers Union survive or be forced to merge with another union? What kind of cars will roll off the assembly line of a new, streamlined GM?
To the Point
The Fall of an Industrial Titan: General Motors Goes Bankrupt It used to be said that “what’s good for General Motors is good for the country.” Not any more. The car company that muscled its way to becoming one of the largest manufacturers in the world filed for bankruptcy today. It’s the fourth largest bankruptcy in American history. After pouring billions of dollars into the failed company, how will the US government restructure GM, as it becomes the major stakeholder? Will the United Auto Workers union survive or be forced to merge with another union? What kind of cars will roll off the assembly line of a new, streamlined GM?
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To the Point
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
To the Point
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
To the Point
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.