The most aggressive economic stimulus in the Federal Reserve’s 100-year history has the wheels turning for Detroit automakers. Cheaper borrowing costs and rising stock portfolio values are giving Americans the confidence to make big-ticket purchases. It’s welcome news for a...
Read more »Detroit Automakers Offer More Octane for Economy
Lobbyists Get Head Start on Potential EU Trade Accord
From Bloomberg Government’s Congress Tracker blog More than two dozen companies, trade associations and farm groups already had a head start lobbying on a potential trade accord with the European Union when President Barack Obama announced in his Feb. 12 State...
Read more »Dodge Ram Loaded w/ Paul Harvey’s ‘God Made a Farmer:’ ‘Most Clever’
Chrysler and Fiat Chairman Sergio Marchionne should be expecting a call from Transportation Secretary Ray LaHood. No, his company’s not in trouble – far from it. Touring the floor of the Washington Auto Show this morning, the departing DOT leader...
Read more »Fiscal Cliff: Corporate Eyes Watching
The fiscal cliff. It’s on many people’s minds. It’s on the stock market’s collective mind, say analysts explaining the recent ride there. Among the many corporate filings to the Securities and Exchange Commission in November, the term has shown up...
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Photograph by Frank Polich/Getty Images
Jim Messina, center, campaign manager for the re-election of President Barack Obama, talks with reporters during a tour of the re-election headquarters in Chicago.
Messina: Romney’s Chrysler Ad One of Campaign’s Biggest Missteps
President Barack Obama’s 2012 campaign manager, Jim Messina, said one of the campaign’s biggest missteps by Republican Mitt Romney’s campaign was a controversial ad suggesting that Chrysler Group LLC is moving Jeep productions to China. “They were spending the last...
Read more »Chrysler Employees Get Day Off to Vote — Salaried as Well as Union
Chrysler Group LLC, which recently found itself thrust into the presidential contest, gave its 64,200 U.S. employees the day off to vote, a company vice president said on Twitter. The automaker found itself in cameos in recent ads, with Republican nominee...
Read more »Worst Ads of the 2012 Campaign
Throughout this election campaign, some enterprising journalists at Storyful.com have been tracking the TV ads, Web videos and home-baked YouTube statements of a raucous 2012 election campaign, the tweets and other social media messages of a wired voting public. At...
Read more »Revenge v. Love: Campaign Closing
Reported by Lisa Lerer and Julianna Goldman Campaigning in New Hampshire this morning, Republican Mitt Romney called out President Barack Obama for talking about “revenge.” He was pointing to Obama’s own campaign words in Ohio the day before. “No, no,...
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Photograph by Justin Sullivan/Getty Images
Mitt Romney makes a "U" with his hands next to Florida Gov. Jeb Bush during a campaign rally at University of Miami on October 31, 2012 in Coral Gables, Florida.
In The Hunt: Trouble in Campaign’s Final Days
Defense is the last position a politician should be in during the final days of a campaign, Bloomberg’s Al Hunt says in today’s “In the Hunt.” When former President Bill Clinton campaigns for President Barack Obama in Minnesota and Republican...
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Photograph by Jim R. Bounds/Bloomberg
A sales manager ties balloons to General Motors Chevrolet vehicles at a dealership in Wake Forest, North Carolina.
Obama’s Auto Bailout: Moody’s OK
The Obama administration managed quite a deal for U.S. taxpayers when it rescued General Motors Co., Chrysler Group LLC and their financing arms in 2009, according to Moody’s Investors Service. The bond rating service issued an endorsement of the auto...
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