Results tagged “ford”

of cash left to keep operating. However, it's now a "race against the clock," because it appears it may fall short of the 60 votes needed to pass it as Senate Republicans have voiced opposition to the plan (they think the "Car Czar," appointed to oversee the plan, doesn't have enough authority). Rep. John Dingell (D-Michigan) said, "Without this bridge, we’re going to fall into the biggest calamity this country has known since the Great Depression. A terrible disaster looms."

General Motors released its third quarter results and announced it lost $4.2 billion. The NY Times says the automaker is "closer to running out of cash," as GM said, "G.M.’s estimated liquidity during the remainder of 2008 will approach the minimal level necessary to operate its business.” GM has suspended merger talks with Chrysler and will concentrate on ways to stop the bleeding, like cutting white-collar jobs and other restructuring. The Big Three automakers--GM, Ford, and Chrysler--and the United Auto Workers union are hoping the federal government will help bail out the auto industry. In other auto-related news, gas prices are down in the region.

Say goodbye to the maddening ear-poison of Kool Man’s “Pop Goes the Weasel,” and harken back to the more civilized jingle of a bygone era: the gently ringing bell of the retro Good Humor ice cream truck. On Sunday Adam Kuban got the scoop of the week when he happened upon this atavistic enabler of sweet teeth outside the Museum of Modern Art.