Money Minute: GM, Digital TV, Mountaintop Mining

  • Print
  • Post a Comment
  • Favorite
  • Report an error Report error
    • Thank you for your submission.
      Error report or correction
      Contact name (optional) Contact phone/e-mail (optional)  
      Sending report
    • Close

[Notes:ANCHOR VOICE]AP Money Minute Delivering on promises to shrink its work force, General Motors has begun its dreaded white-collar job cuts. One hundred and sixty people at its engineering operations plant in Warren, Mich. were told their jobs would be eliminated effective April 1st. The reductions are part of 3,400 salaried layoffs in the U.S. and 47,000 worldwide positions GM wants to jettison by the end of the year.----------------------------------If you have an expired coupon for a digital TV converter box, you can now apply for a replacement. Seventeen million of the $40 coupons have already expired, but funding in the recent stimulus package has allowed the government to issue new ones. Analog TVbroadcasts will be shutdown on June 12. After that, the converters will be required for older TV sets to receive digital broadcasts.-------------------------------------The Environmental Protection Agency is putting on hold hundreds of mountaintop coal-mining permits until it can evaluate the environmental impact the practice has on streams and wetlands. The EPA also denied two permits the Army Corps of Engineers was planning to issue that would allow companies to fill thousands of feet of streams with waste in West Virginia and Kentucky.I'm David Melendy with AP Money Minute ___ ___, The Associated Press.()



  • Print
  • Post a Comment
  • Favorite
  • Report an error Report error
    • Thank you for your submission.
      Error report or correction
      Contact name (optional) Contact phone/e-mail (optional)  
      Sending report
    • Close