Page 290 - Restructuring News Today

Manicure, getting car fixed, getting a lawyer or anything else. i assume that is not particularly attractive right now to the people in michigan? >> it is a whole restructuring. ive also suggested that we would give businesses a one billion dollar tax cut. so it would be restructuring the taxes to give businesses a billion dollar tax break. to lower the sales tax rate to 5 1/2% which would make us the 45th lowest in the country because we dont have local sales taxes and to spread services. right...

Manicure, getting car fixed, getting a lawyer or anything else. i assume that is not particularly attractive right now to the people in michigan? >> it is a whole restructuring. ive also suggested that we would give businesses a one billion dollar tax cut. so it would be restructuring the taxes to give businesses a billion dollar tax break. to lower the sales tax rate to 5 1/2% which would make us the 45th lowest in the country because we dont have local sales taxes and to spread services. right...

Operator of stubben glass. >> we were not contacted and stubben glass as you state is a u.s.-based company. consumer crystal company that has been known around the world producing the best glass crystal. weve had a strong, great reputation dating back to 1903 manufactured here in the united states. so we have not been given an opportunity to bid on the contract and get a chance to keep jobs here in the united states. >> how many employees do you have? >> we have about 100 employees? >> any in da...

Emergency financial manager robert bob defended the massive restructuring. >> some people may think, as i stated earlier, that our plan is too ambitious, but the bottom line is that we have lagged behind for far too long. >> so is the plan overdue? is it simply too disruptive? joining us now to talk about this is doug ross, who is the founder of the university preparatory system, a charter school that has been extremely successful in boosting graduation rates. welcome to you, sir. >> thanks. >> ...

Kansas citys school superintendent calls the decision to close almost half of the districts 61 schools unquestionably the right thing to do. the massive restructuring includes laying off 700 employees in an effort to avoid bankruptcy. a quick reminder for you. president obama live shortly. his plan to export more stuff made in the united states and create jobs for the americans who make it. ps neutralize odors in multiple cat homes... keeping your house smelling like it should. purina tidy cat...

Their parents so everything is in place by the fall. and, you know, one of the concerns are the high schools, because high schools will be incorporating seventh and eighth graders, so theyre going to have to have different starting times and bell schedules though theyre not in the hallway at the same time, tony. >> remind us, again, what is driving this restructuring? >> a lot has to with money. a $50 million deficit. the superintendent saying theyre operating way too many schools. heres what he...

A basis to build upon in the legislation thats being proposed now you? really want to start over with this? >> id like to restructure and rewrite the bill. >> thats not starting over. is that a slight change from earlier? i mean restructuring is not starting over. >> no, what we mean is basically rewriting a bill going step by step with the insurance reforms, with the way health care can be delivered more efficiently. focusing on quality. these things are missing in the bill. and we believe that...

Of better times ahead? >> this is one small part of the restructuring. bail if you look at the balance sheet, sales are up. incentives are down. there is a lot to be said for what gm is doing, the bankruptcy and there is some talk that it may actually be publicly offered this next year as a stock again. that would be great news for us, the taxpayers, because we own it. we put $50 billion into it. this dealership plan, they were forced to do this. by closing these dealerships, they went straight ...

For joining us this morning here on the fox news channel. jamie. >> jamie: a move could help out hundreds of communities nationwide. general motors not only reporting an 11.5% jump in february profits over the same time last year. but, the auto giant is also reinstating nearly 700 of its dealerships that were set to close. so, is gms restructuring putting it on the road to recovery? brenda buttner is our fox news senior business correspondent and anchor of bulls and bears, hi, good morning! >> g...

Part of their restructuring. now the automaker plans to give 600 dealerships the option to remain with the company. coming up, a newsroom knockout. television anchor doing his job in italy was oblivious to the combat happening right behind him. plus our special series, so long capitol hill. after seven terms in the house, vic snyder says hes through with congress. he will tell us why next. first some never before seen pictures of the first dog bo obama roaming around 1600 pennsylvania aven...