by Terrance Heath | Jun 4, 2009 | Uncategorized
Is the glass half-full or half-empty? The latest employment numbers show the economy lost 532,000 jobs in May, says the Christian Science Monitor, using figures from the private firm ADP. A big number, sure, but that means fewer Americans lost their jobs in May than...
by Terrance Heath | Jun 3, 2009 | Uncategorized
That didn't take long. It may not be the most short-lived business secret in recent memory, but GM's sale of one popular brand was something of jaw-dropper. Yesterday afternoon, the New York Times reported that GM was selling its Hummer brand to a secret buyer. Less...
by Terrance Heath | Jun 2, 2009 | Uncategorized
On morning after GM entered bankruptcy, President Obama tries to reassure the public about the government's "hands off" role, pundits ponder what it means for working class Americans, and investors barely notice, while taxpayers, auto-workers and retirees count their...
by Terrance Heath | Jun 1, 2009 | Blog
In my house, we take a deep breath before calling or answering a call from Detroit. My spouse's family live in the suburbs of Detroit, and all work in the auto-industry. The headlines we read every day are one thing, but the real day-to-day impact of the news reported...
by Terrance Heath | Jun 1, 2009 | Uncategorized
It's an auspicious day for the auto industry, workers, American manufacturing, and the president who inherited the consequences of the previous administration's policies — not to mention thirty years of disastrous conservative economic policies — as two of...
