Tag Archives: U.S. President
Chrysler preparing to file Bankruptcy
Chrysler LLC is preparing to file for Chapter 11 bankruptcy protection as soon as next week, whether or not it reaches a deal with its lenders or forges an alliance with Fiat SpA, said several people familiar with the matter.
If an agreement with the car maker’s lenders can be reached, Chrysler would file for bankruptcy [...]
US Govt, Fiat to Decide Chrysler Future
Chrysler LLC’s future leadership will be determined by the U.S. government and Fiat SpA if Chrysler succeeds at merging with the Italian auto maker.
Chrysler Chief Executive Officer Bob Nardelli, in a note to employees obtained by Dow Jones Newswires, said a new board of directors will be appointed by the federal government and Fiat once [...]
First puppy for the Obamas
The identity of the first puppy — the one that the Washington press corps has been yelping about for months, the one President Obama has seemed to delight in dropping hints about — leaked out yesterday. This despite White House efforts to delay the news until the big debut planned for Tuesday afternoon.
The little guy [...]
Chrysler has 19 days to decide on debt plan
With 19 days to go, talks among Chrysler LLC, the Obama administration and Chrysler’s creditors have yet to produce a firm proposal for how the company’s debt should be reduced, people familiar with the process said on Friday.
President Barack Obama’s auto task force says it believes reducing the debts of Chrysler and General Motors Corp. [...]
Obama and Manmohan Singh to meet with High-profile team
The much awaited meeting between Indian Prime Minister Manmohan Singh and US President Barack Obama will include a high-profile team from Washington, including Secretary of State Hillary Clinton.
Officials accompanying the Prime Minister to the G20 meeting here said both countries attached much importance to the first meeting Manmohan Singh will have with Obama since he [...]
Obama invites for Energy Forum
On Saturday the White House announced, President Barack Obama has invited the leaders of 16 major economies to Washington for a forum on energy and climate next month.
Obama, who recently turned his attention to the need for more clean-energy funding, has also asked U.N. Secretary-General Ban Ki-moon to attend.
The forum, scheduled for April 27-28, seeks [...]
