NEW YORK (Reuters) - Stocks snapped back on Tuesday from the previous session's huge losses after General Electric, a global bellwether, lifted optimism by pledging to leave its dividend intact in a tough economy.
DETROIT (Reuters) - General Motors Corp on Tuesday asked the U.S. government to save it from failure by extending $12 billion in loans and another $6 billion in credit as part of an unprecedented federal intervention into the struggling auto industry.
DETROIT/WASHINGTON (Reuters) - Distressed U.S. automakers began submitting plans to Congress on Tuesday as they tried to show that they have a viable future and deserve federal aid, while new reports showed that vehicle sales continued their freefall in November.
DETROIT/LONDON (Reuters) - The auto industry reeled from further sales declines in the United States as a slowdown that began there showed signs of spreading to Europe, Asia and Africa, forcing automakers to slash production.
WASHINGTON (Reuters) - House of Representatives Democratic Leader Steny Hoyer said on Tuesday he hoped Congress will be able to take action next week on struggling U.S. auto manufacturers' requests for federal financial aid.
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