GM / Chrysler Updates May 29, 2009

GM’s Big End
Reuters – USA
By matthew.yeomans – The Big Money General Motors will file for bankruptcy
protection on Monday the Detroit Free Press, the Wall Street Journal and
the …

GM Suppliers Face New Threat as Bankruptcy Looms for Automaker
Bloomberg – USA
By Alex Ortolani May 29 (Bloomberg) — General Motors Corp.’s parts
suppliers, battered by losses from slumping vehicle production, face new
threats to …

Nardelli: Chrysler-Fiat deal could be done now
Detroit Free Press – United States
BY GREG GARDNER • FREE PRESS BUSINESS WRITER • May 29, 2009 Chrysler’s
outgoing Chairman Bob Nardelli said the sale of Chrysler assets to Fiat
could have …

Economy May 25, 2009

Governments pay more burial costs in bad economy
The Associated Press
She had lost her job as an advertising manager months before and couldn’t
find another in the slumping economy. “That’s the last thing I wanted to do
for …

Economy takes bite out of Missouri mobile dental program
Kansas City Star – MO,USA
AP COLUMBIA | State budget woes could force a nearly 50-year-old mobile
dental program for developmentally disabled children and adults to cut way
back on …

Auto
GM Borrows $4 Billion From US to Push Loans to $19.4 Billion
Bloomberg – USA
By Katie Merx May 23 (Bloomberg) — General Motors Corp., facing rising
cash needs before a June 1 bankruptcy deadline, tapped $4 billion more in
US aid to …

Alert – Unemployment May 25, 2009
World Bank chief warns about economic crisis
AFP
“What began with a big financial crisis and has become a profound economic
crisis is drifting today towards a crisis of unemployment. …

New York state’s replacing of unemployment checks with debit cards …
The Post-Standard – Syracuse.com – Syracuse,NY,USA
By Delen Goldberg Not so long ago, New Yorkers had to battle long lines and
bureaucratic red tape to collect unemployment benefits from the state. …

Economists say unemployment rate will get worse before improving
Prescott Daily Courier – Prescott,AZ,USA
New figures from the Arizona Department of Commerce show the tri-city’s
unemployment rate fell a tad in April. The seasonally-adjusted rate fell
from 8.9 …

Alert – Homeless May 25, 2009

No direction, no destination for Longview’s homeless
News-Journal.com – Longview,TX,USA
The two friends are among Longview’s dozens of homeless people who
alternate between low-cost motels, social service shelters and camping. …

Tribute to homeless veterans in Seattle
Seattle Times – United States
Bread of Life Mission in Seattle’s Pioneer Square will honor homeless
veterans at 4 pm Monday with a Memorial Day program that will include
music, …

San Gabriel Valley cities lining up for homelessness prevention …
Whittier Daily News – Whittier,CA,USA
Pasadena, El Monte, Alhambra and Baldwin Park have applied with the federal
government to start homelessness prevention programs that would provide
rental …

The New Face Of Homelessness
CBS News – New York,NY,USA
A school for homeless kids relieves the stress of being different,
especially for one child who has had to bring all of his belongings to
school with him …

They served, but now are homeless
Minneapolis Star Tribune – Minneapolis,MN,USA
Last week, hundreds of homeless veterans and their families gathered at
Fort Snelling for a StandDown, a one-stop shop for services and resources
sponsored …

Homeless Update May 23, 2009/ Homeless sue St. Petersburg

Homeless sue St. Petersburg, claim abuse of constitutional rights
Tampabay.com – St. Petersburg,FL,USA
PETERSBURG– Six homeless people backed by a handful of advocacy
organizations filed a federal class-action lawsuit against the city this
week that …

City Temporarily Stops Charging Rent to the Working Homeless
New York Times – United States
By JULIE BOSMAN The Bloomberg administration has stopped charging rent to
homeless people who have income and live in city shelters, temporarily
suspending …

School caters to homeless children
USA Today – USA
“If we’re feeling sad at school, Lazarus hops up on our desks and cuddles
with us,” says Justin, one of an estimated 1.5 million homeless children in
the US …

GM dealers in Colorado could be in for more trouble

Dealers could be in for more trouble if General Motors files …
Bizjournals.com – Charlotte,NC,USA
GM dealers in Colorado and elsewhere who thought they had months to wind
down their businesses after being told the automaker plans to drop them
could face …

Homeless Update May 20, 2009

Nashua, NH wants to clear out homeless camp
WCAX – Burlington,VT,USA
AP – May 20, 2009 8:35 AM ET NASHUA, NH (AP) – City officials in Nashua,
NH, want to clear out a homeless encampment at a park, hoping to discourage

Hillsborough residents pack meeting to say no to tent city for …
Tampabay.com – St. Petersburg,FL,USA
With nearly 10000 homeless in the county, its Hillsborough Cares project is
desperately needed, proponents said. “Street homeless need emergency
shelter, …

Charlotte homeless shelter can stay open
Sarasota Herald-Tribune – Sarasota,FL,USA
By CHRIS GERBASI Correspondent CHARLOTTE COUNTY – Facing a funding
shortfall, the Charlotte County Homeless Coalition found a way to keep its
shelter open …

Police identify fourth of homeless bodies
Anchorage Daily News – Anchorage,AK,USA
The dead man found submerged in Campbell Creek on Saturday has been
identified by police as Danny Wright, 56, of Anchorage. Wright’s body was
the fourth …

SF unemployment highest since 1984

TV stations share the air in bid to weather economy
Boston Globe – United States
As TV stations wrestle with a withering economy and decline in advertising,
they are pooling resources to reduce costs. In Philadelphia, Dallas, and
Chicago …

SF unemployment highest since 1984
Bizjournals.com – Charlotte,NC,USA
San Francisco’s unemployment rate rose to 9 percent in March, its highest
level since 1984, according to the city Controller’s Office. …

Chrysler updates May 20,2009

5 Houston-area Chrysler dealers not going quietly
Houston Chronicle – United States
Rogers Dodge of Alvin, Archer Chrysler Jeep West, Archer Chrysler Plymouth
Jeep, Archer Dodge and Baytown Chrysler Jeep Dodge are among 300 affected
dealers …

Mass. Chrysler dealers challenge closings
Boston Globe – United States
Westminster Dodge in Dorchester is among those dealerships seeking more
time to fight Chrysler’s plan to shut them down. (Globe Staff Photo / Wendy
Maeda) …

Chrysler Revamp Plan Could Block Lawsuits From Current Vehicle Owners
New York Times – United States
By CHRISTOPHER JENSEN If Chrysler’s bankruptcy plan is approved, current
owners of Chrysler, Dodge and Jeep vehicles may find that their right to
sue the …

Homeless Update May 19, 2009

The new homeless: Formerly middle class, families fall far after …
Bradenton Herald – FL, United States
But if you passed them on the street, you might not recognize them for what
they are: Homeless. They are among a growing number of newly homeless who don’t …

How does homeless feel? That is hard to explain
Benton County Daily Record – Bentonville,AR,USA
Editor’s note: This is the second in a series of stories exploring
homelessness in northwest Arkansas. The stories are written by David
Lanier, …

Help for the homeless highlighted as woman’s body found
TheDigitel – Charleston,SC,USA
On Friday night, homeless Janice Case met a violent end, but the act of
violence is also shedding light on the area’s growing homeless population
and what …

Anatomy of an economic meltdown

Anatomy of an economic meltdown
The Associated Press
The AP Economic Stress Index uses unemployment, bankruptcy and foreclosure
rates from each US county to calculate the economic impact of the recession
on a …