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Tag Archives: news headlines

GM CEO Forced To Resign

29-Mar-09

WASHINGTON (Reuters) – General Motors Corp Chief Executive Rick Wagoner resigned under pressure from the Obama administration on Sunday as the government prepared to announce a second bailout for the company and its smaller rival Chrysler LLC.

U.S. To Deploy Anti-Missile Ships

29-Mar-09

SEOUL (Reuters) – The United States plans to deploy two missile-interceptor ships from South Korea on Monday, a military spokesman said, days ahead of a North Korean rocket launch seen by many as a test of its longest-range missile.

Geithner Mum On Need For More Bailout Money

29-Mar-09

WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner said on Sunday the government will have about $135 billion left after banks give back some bailout money and declined to say whether he will ask Congress for more.