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Crippled by high labor, pension, health care and materials costs as well as by sagging demand for sport utility vehicles, General Motors Corp. (GM) announces that it will eliminate 30,000 manufacturing jobs, close or reduce operations at 12 plants in North America and slash the number of vehicles it produces as it struggles to avoid bankruptcy.
Is this the beginning of the end of benefits we've come to expect? We'll get answers from the "Cashin' In" crew:
• Wayne Rogers of Wayne Rogers & Co.
• Jonathan Hoenig of Capitalistpig Asset Management
• Jonas Max Ferris of MAXfunds.com
After initial high hopes, it's now looking more likely that Al Qaeda's leader in Iraq was not killed in Sunday's raid in Mosul. But, with Jordanians turning against him, is Zarqawi as good as a dead man walking? We'll ask former Supreme Allied Commander Gen. Wesley Clark, FOX News military analyst.
Does the media go out of its way to make President Bush look bad? We'll get a read from Bill Press, radio talk show host and author of "How the Republicans Stole Christmas."
Plus, gas prices are on the decline again this week. Good news, right? Not so fast! Syndicated columnist Charles Krauthammer, FOX News contributor, explains why — in the long run — higher gas prices are good for America.
Real journalism: fair and balanced. That's why we're No. 1 — FOX News Channel.
About the Show
"Your World with Neil Cavuto" offers news and insight on Wall Street and other market activities, while wrapping up the business news of the day. Named "the best interviewer in broadcast business news" by The Journalist and Financial Reporter, Neil Cavuto identifies why and how events happen.
"We bring the most influential players in the business world to our viewers, offering insights on the day's news and the market's broader trends," said Cavuto. "This is business news that matters — information we need to know to make the right choices."
More than just facts and figures, "Your World with Cavuto" gets to the heart of the matter with in-depth reporting from Dagen McDowell, FOX Business correspondent, and analysis from our FOX Business News All-Stars:
FOX News Channel is the No. 1 name in business on cable news.