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NEW YORK -- A federal bankruptcy court on Tuesday allowed Delphi Corp. to end salaried retiree health and life insurance benefits for 15,000 people, the starkest example of the auto supplier's mounting financial woes.
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Detroit's automakers have lost their mojo and not even some of the stellar products they have today are doing much to bring it home.
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Negotiations between General Motors Corp. and its bondholders are progressing, with major investors signaling that they are now willing to accept less money than originally sought in exchange for forgiving billions in unsecured notes -- but only if the fe
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