Tag Archives: GM

Ford Sales Up From Last Year; GM Down

Ford Motor Co. reports that their sales in August increased 17 percent over their sales in August of last year. Honda, Toyota, and Hyundai also posted increases, but General Motors saw a 19.9 percent decline, Washington Post.

Mexico has evacuated thousands of people from Los Cabos ahead of Hurricane Jimena reaching land. The hurricane has weakened to a category 3, but Los Cabos is still expected to get heavy rain and wind, AP.

Hot Topic: Life in Beslan After School Siege.

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Uganada Moves to Ban Female Genital Mutilation

The president of Uganda wants to ban female genital mutilation (also called female circumcision). Yoweri Museveni’s proposal would ban the practice totally and could impose the death penalty if a girl dies as a result of the procedure, CNN.

Talks in Costa Rica mediating the crisis in Honduras have ended without resolution. Exiled president Manuel Zelaya and interim leader Roberto Micheletti did not meet face to face but only spoke through Costa Rican president Oscar Arias, BBC News.

Residents of Bundanoon, a small town in Australia, voted to ban the sale of bottled water. A company had planned to build a water-extraction plant to be used to supply the water for bottled water in the town. Bottled water is largely unregulated and in many cases is simply tap water or untreated water from underground reserves, Reuters.

GM exited bankruptcy after only 40 days. The company was allowed to reform after selling most of its assets. The new company is owned by the US government (60.8%), the Canadian government (11.7%), and the UAW retiree health trust (17.5%), Washington Post.

Bad weather threatens today’s scheduled space shuttle launch. This will be the third time the launch has been put off, CNET.

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Pilot May Have Spotted Flight 447 Wreckage

Brazilian and French authorities are still searching for Air France Flight 447, which disappeared off radar screens this morning. 228 people were on board and are feared dead. Some reports say a TAM pilot spotted “orange dots” in the ocean this morning and believe it may have been burning wreckage, IBN.

At least five Somali police officers have been killed by a roadside bomb in Mogadishu. Recent fighting around the capital city has left 200 dead and over 60,00o people have fled the area, BBC News.

A U.S. military recruiter was shot and killed today and another wounded by a man who had recently converted to Islam and who was angry at the military. Carlos Bledsoe, 24, of Little Rock, is in custody for the shooting. William Long, 24, of Conway was killed and Quinton Ezeagwula, 18, of Jacksonville was wounded, but is listed in stable condition, USA Today.

Take a look at NPR’s Q&A about General Motors’ bankruptucy filing here.

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Over a Million Flee Pakistan Amid Fighting

Thousands have fled Pakistan today after the government announced they were lifting the curfew in the Swat Valley region in order to allow residents to leave. Fighting between Taliban fighters and the U.S. and Pakistani armies has caused civilian deaths, including 140 deaths last week that occurred during an American air strike. The UN estimates about one millions people have fled in the last two weeks, BBC News.

General Motors has announced they will close 1,100 dealerships in the U.S. Yesterday, Chrysler announced the same intention and will close hundreds of sales outlets. Insiders say the news is worse for GM dealers as Chrysler dealers often sell other brands of cars alongside Chrysler, but GM dealers almost exclusively deal with GM models, NPR.

Armed security forces fired tear gas and shots into the Arabic daily newspaper al-Ayyam’s offices on Wednesday. On Monday, forces attempted to arrest the paper’s editor-in-chief Hisham Basharheel in connection to a death at his home last year when armed men attacked the house and security guards fired back, killing one attacker. However, Amnesty International reports that they believe he is being sought after the paper’s coverage of protests in southern Yemen, Amnesty International.

PBS is considering stripping affiliation of any PBS channel that broadcasts religious programming. PBS voted in 1985 to only allow nonpartisan, nonreligious, and nonsecular programming because the station wants to ensure fairness as it is receives government programming and public donations, Washington Post.

Watch a slideshow of this week’s biggest stories in science, including the Atlantis space shuttle launch and the discovery of roaming black holes, Discovery News.

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600 People Feared Dead off Libyan Coast

Libyan officials say a boat carrying more than 250 migrants to Europe has sunk. Only 20 people have been rescued. Reuters reported another shipwreck carrying 342 migrants, but that has not been confirmed, BBC News.

The two American journalists detained in North Korea last week will be tried for committing “hostile acts” against the country. If found guilty, they could be kept for years in a labor camp. The reporters are Laura Ling and Euna Lee from Current TV, NY Times.

Take a look at our post on Obama’s auto industry speech for video, articles, and reactions.

And the #1 World News Story: Pakistan Taliban Chief Claims Lahore Attack.

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Obama’s Auto Industry Speech

BNO has posted the prepared remarks of President Obama’s speech here. Video and reactions will be posted here as soon as they are available. Downloads of the White House’s viability statements on GM and Chrysler under the cut.

CNN: Obama announces plans for GM, Chrysler. Continue reading

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Pakistani Police Back in Control of Sieged Compound

The siege by gunmen of the Manawan police training school in Lahore, Pakistan is over. Gunmen dressed as police stormed the facility on Monday. The initial attack is thought to have killed 20 cadets. Pakistani security forces, who surrounded the compound as up to 800 were held hostage by the gunmen, were able to gain access to the compound and subdue the terrorists using tear gas. Although several arrests have been made, it is also reported that some of the gunmen may have blown themselves up. More information will be posted as official reports come in, Sky News.

Earlier this month, Lahore was the site of an attack on the Sri Lankan cricket team which killed six police, two civilians, and wounded several players, AFP.

U.S. President Obama to announce restructuring plan for troubled automakers General Motors and Chrysler. The address is scheduled to begin at 11 am EDT, The Oakland Press.

The Red River continues its retreat from flood levels near Fargo, North Dakota; Winnipeg, Manitoba prepares for ice jams and floods, CBC.

Computer security experts are warning of the “Conficker” worm, a sleeper worm which is thought to be set to trigger on April 1. The worm is believed to infect over 10 million computers worldwide. Windows users can install the Conficker patch at microsoft.com/conficker. Experts advise backing up data before the worm, whose intentions are unknown, is released, National Business Review.

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General Motors CEO Resigns

General Motors CEO Rick Wagoner has resigned from the company as of early Monday morning. White House officials say his resignation was part of the government’s federal bailout deal. Wagoner has been a controversial figure during the economic crisis and many felt he was not doing enough to get GM out of bankruptcy, CNN.

As we reported earlier, 8 people have been killed at a nursing home in Carthage, North Carolina by a single gunman, who was injured during the shooting. A nurse was among the fatalities and the others dead were residents. The gunman is 45-year-old Robert Stewart and not believed to be related to any of the victims or residents at the home, BBC News.

22 fans were killed at a World Cup qualifier between the Ivory Coast and Malawi on Sunday after a stampede caused a wall to collapse. More than 130 were injured, CNN.

Reporter’s Notebook: NPR reporter Marisa Peñaloza takes a look at the startling difference between the Juarez, Mexico of the past and the violence-ridden town it has become, NPR.

And the #1 World News Story: BREAKING NEWS: 20 Dead at Pakistan Police Academy, Gunmen in Standoff With Police.

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