Traders work on the floor of the New York Stock Exchange Aug. 4, 2011, in New York. (AP Photo)

Stock Market Plummets, Auto Stocks Among Hardest Hit

The Dow Jones industrial average plunged more than 500 points Thursday.

WWJ Newsradio 950–08/04/2011

fiat image

Fiat Looking To Increase Ownership Stake In Chrysler

Fiat is preparing to raise its ownership stake in Chrysler from its current 30% to 46%, spending 1.3 billion dollars in order to increase its interest in Chrysler.

WWJ Newsradio 950–04/21/2011

Ford Motor Company CEO - Alan Mulally. iStockphoto

Mulally Earns Over $26 Million: Ford Motor Releases 2010 Proxy

Ford’s proxy statement released Friday indicates he earned over $26 million in salary and compensation.

WWJ Newsradio 950–04/01/2011

Stocks Rise Sharply On Signs Of Economic Growth

Global stocks surged on signs that U.S. unemployment may fall and reports that Europe’s central bank is closer to containing the region’s financial crisis. Bond prices and the dollar fell as investors moved money into […]


GM-IPO 11/18

Joining us to talk more about what is being called a historic move by G-M, is CBS Moneywatch Editor and Chief Eric Schorenberg


Stock Market Takes 200 Point Dive

The Dow Jones industrial average lost 200 points, dipping below 11,000 for the first time in nearly a month.


Stock Market Forecast 11/11

Sam Stovall, Chief Investment Strategist with Standard and Poors Equity Research Group offers a snapshot of what may be ahead for wall street in this interview with WWJ Newsradio 950’s Pat Sweeting. Stoval later spoke […]


Stocks Surge A Day After Fed Reveals Stimulus Plan

Stocks rose sharply Thursday, one day after the Federal Reserve announced a $600 billion plan to stimulate the economy.  The Dow Jones industrial average rose 199.51, or 1.7 percent, to 11,414.82 in afternoon trading, a […]


GM To Cut $11B In Debt, Pension Obligations

General Motors is taking steps to be a more attractive to potential private investors. The automaker Thursday announced it is cutting its debt and pension obligations by $11 billion. GM will buy back nearly $3 billion in stock, […]


Stocks Give Up Early Gains On Mixed Earnings

Stocks turned lower Thursday as investors dug through a raft of earnings reports that painted a mixed picture about the economy. The Dow Jones industrial average fell more than 30 points in midday trading. The […]