as it emerges from bankruptcy the once mighty general motors corporation could become the smaller general motors company half its brands are being sold off or phased out leaving only chevy buick g.m.c. and cadillac and the new g.m. reportedly is considering changing its logo background from blue to green when for size its commitment to smaller more fuel efficient cars you know i've seen them before they went bankrupt or seen them after and honestly i don't see any change. i see a lot of marketing. and i see a lot of hype but i don't really see a whole lot of effort. in the twenty first century making a car that gets twenty mpg just isn't acceptable i've worked on projects with. and they might say one thing to you in the beginning you know they'll say ok do your research come up with an idea the bottom line is there i'm going to listen to it they don't consider ideas unless there's some hot sketch on the war and i think that's just completely backwards of how a car company should operate they were so focused on just making one type of pickup truck changing the headlights you know for them changing the gr

i think general motors at one time represented kind of the pinnacle of the industrial era. how company could become so dominant in a market just through sheer brute force. general motors simply became too large for their own good it's so many brands that they couldn't even keep up with they just basically became a dinosaur. i guess it's just almost fitting that the solutions are going to come from the same place that generated the problems and hopefully you know myself and the people at the school can do our best to find those solutions. the fischer body plant where pretty much all cars were built from g.m. before they had their own design all the design work and all the bodywork was done by fisher. to me it just represents the glory days of detroit and it's just so strange to see. to see the site and. interest environment around it is just so peculiar. detroit used to be a very diverse city people lived downtown people walked people took the tram in a sense it was one of the most european cities in its design densely populated easy to get about and it had a very very good public trans

imagine in coming from detroit where we had the successful loans to both chrysler and general motors that both companiescome back. they're paying the loans off. it's a success story. it's a success story here in michigan. we have hiring going on. we have new industries going on. i can't believe that he's talking this way and i don't know who he's addressing but it's not going to work in michigan. >> james hoffa is the president of the teamsters union. thank you for this time on your labor day. we'll keep in touch an the campaign unfolds. still to come, u.s. baess worldwide go on higher alert as the tenth anniversary of 9/11 approaches and a mix of wildfires, winds and heavy rains puts is much of the country in emergency response mode. >>> take a look at this ireport video. a tornado crossing the highway near albany, new york, on sunday. [ marge ] psst. constipated? phillips' caplets use magnesium, an ingredient that works more naturally with your colon than stimulant laxatives, for effective relief of constipation without cramps. thanks. [ professor ] good morning students. today, we're gonna... as luxu

cronyism that we're suffering from right now bailouts of the banks bailouts of companies initialisation of general motors by the american government and what's happening in other countries around the world as well is cronyism we see is a real crisis of interventionism which is what caused this crisis so i would have let them curl would have let them crash. i absolutely would have let them was reluctant to let that's part of the wood you were going to get out if you were to start on a me is firms can rise if they produce value and satisfy customers and they go out of business literally with. this ok i want to room i want to go. to system we have now we say we have capitalism for the rich and we have nothing else for i want so we have socialism for the rich and we have capitalism for the poor how do you like that do you agree with that phrase or not. i think that's a very very way recording it and i think that richard brings up an important point in terms of yes something had to be done what we see free marketers like. the house down. let it burn down is that what's happened is now what happened with the c

the company has been plagued with problems including a cash crunch that stalled production. they have also delayed paying its workers. general motorse parent company of saab but sold it last year to a company now known as swedish automobile. >> wow. >>> a silicon valley giant is saying good-bye to its boss and looking for a new one. >> here now to talk about it jason brooks with kcbs and cbsmoneywatch.com. what's it all mean? >> reporter: carol bartz being fired at yahoo 2.5-year turnaround plan just not come to fruition for bartz. company's stock basically flat during that time. also, this year, yahoo losing its lead position in ad display sales its bread and butter, to google and facebook is breathe thing down its neck. investors haven't been happen which bartz's performance. yahoo has been losing position in search, tying up a deal with microsoft. big question is, whacks to yahoo now? a -- what happens to yahoo now? some say it could be broken up, sold to a large media company. there's lots of anticipation. the company has gone through three chief execs in just four years. groupon is reportedly going to delay its ipo because of

unadulterated cronyism that we're suffering from right now bailouts of the banks bailouts of companies the nation of general motors by the american government and what's happening in other countries around the world as well is cronyism we have seen is a real crisis of interventionism is what caused this crisis so i would have let them cry but you have let them crash. absolutely would have let them if you let them kill that's part of the what your comment about if you were in charge condom me is firms can rise if they produce your value and satisfy customers and they go out of business literally but i agree with richard this is ok i want to room i want to go see the type it looks like just system we have we have capitalism for the rich and we have nothing else for we have socialism for the rich and we have capitalism for the poor how do you like that do you agree with that phrase or not. i think your way are you considering it and i think that richard brings up an important point in terms of yet something had to be done what we see free marketers. peddle this ideology of burn the house down. let it burn down that w

now the companies are supplying door lines to all lines of general motors. >> translator: they provide a thundershower o'education to its u.s. employees. this factory has a special section to instruct workers based on the belief that people should be trained fast to produce something good the company passes on all its expertise to its employees. much different company here. >> reporter: they demonstrated the supplier making it impossible to procure the pass necessary for making it. to manage the problem, the company's employees made their rounds of their u.s. clients every day to explain the situation. >> translator: we strongly felt we had to do all we could to meet our clients' expectations. we didn't want to disrupt their output due to the problem in our supply chain. >> as devastating as everything was, how accurate the communication, i say, you know, perchly over some markets the relationship is stronger. we went through a lot. >> translator: the thriving economy may have zapped some some of japan's, but japan's promise of sincerity and meticulousness remains their strength in the

products known to man without a shred of regret the jury finds the tobacco companies guilty and the final corporate defendant general motors several c.e.o.'s that corporation are accused of manslaughter in the deaths of over eight hundred people between one nine hundred seventy three and two thousand as a result of defective fuel tanks installed in general motors vehicles a side set of fuel tanks were known to explode in minor car accidents and general motors did nothing to address the problem and instead covered it up it would have taken only it would have only cost the company eight bucks to make the fuel tank safer as court documents later showed after an internal quasi benefit analysis was done the corporation determined it would actually save money by simply paying out legal claims to the families of people who died when their gas tanks exploded like b.p. the c.e.o. of g.m. general motors chose profits over safety and as a result of exploding gas tanks killed nearly two thousand people so on the charge of manslaughter the jury finds general motors' guilty so now that we've determined all these corporations are guilty

general motors had owned them and tried to sell the company off as a way to cut costs. >>> the wrong side of the law. >> it is a perfect cover for the other side of the law. >>> they were caught with a car filled with marijuana. >>> the reason why they abruptly called off their protest. >>> good morning, if you are driving on the richmond bridge traffic is looking very nice, we will tell you more about the morning commute. ♪ [ male announcer ] some people say... good things come to those who wait. truth is... good things come to those who work. ♪ this is l.a. and this is what we do. ♪ [ male announcer ] now lease the all-new 2011 chrysler 300 for $339 a month for well-qualified lessees. . >>> good morning, we had some thick fog on the golden gate bridge inland it is clear, highs today it will be sunny and warm with 80s to 90s inland and 60s and 70s by the beaches. >>> protests by berkeley is over at least for now. they recently took over this big cedar tree. they were protesting what they called the harassment of the counterculture and they put their protests on old after something f

other companies are building plants. general motors, ford and chrysler are thriving.ized. that doesn't work. that just won't work. we basically have good jobs here. we have to start employing people here. the president should be job owning. people are sitting on record amounts of money. they've got it here. they've got it in their coffers. pfizer, general motors, caterpillar. tell them to start bringing that back here and put americans back it work. that should be the message that we do. >> all right. teamsters union president. thanks for being here. >> thank you. >> i don't believe what the white house or john boehner said in the scheduling kerfuffle what it says about la we can expect going forward. you're watching "hardball" only on msnbc. >>> yesterday's scheduling flap between the white house and the house was a stark reminder of the dysfunction in washington. and if they'd fight about that, it doesn't bode well for the next 15 months. i get that this coming weekend, labor day weekend, marks the unofficial end of summer and that tuesday is back to work and school

this is general motors' first labor negotiations since returning to life as a publicly traded company. separate negotiations continue between the union and automakers ford and chrysler. >> susie: and some deal-making for yahoo could be in the works as well. microsoft and the private equity firm silver lake are reportedly looking to buying yahoo! the web giant could be worth more than $19 billion, but it has struggled to keep up with rivals google and facebook. darren gersh reports. >> tom: finding a buyer with deep-pockets and a hunger to turn around a troubled company is one obvious solution for yahoo. but that's one tough search, says morningstar equity analysts rick summer. >> they've been trying to liquidate assets in asia in yahoo japan and alibaba group. they've been unable to do so. they have big tax liabilities associated with any liquidation. both of those problems will travel with the company to the acquirer, so it's not clear the acquirer can solve these problems any better than yahoo can, so why should they pay up to be able to solve those problems? >> reporter: yahoo has

other companies are building plants. general motors, ford and chrysler are thriving.t work tp that just won't work. we basically have good jobs here. we have to start employing people here. the president should be job owning. people are sitting on record amounts of money. they've got it here. they've got it in their coffersç pfizer, general motors, caterpillar. tell them to start bringing that back here and put americans back it work. that should be the message that we do. >> all right. team stars un teamsters union president. thanks for being here. >> thank you. >> i don't believe what the white house or john boehner said in the scheduling kerfuffle wlaen it says about la we can expect going forward. you're watching "hardball" only on mooes mooes. [ oswald ] there's a lot of discussion going on about the development of natural gas, whether it can be done safely and responsibly. at exxonmobil we know the answer is yes. when we design any well, the groundwater's protected by multiple layers of steel and cement. most wells are over a mile and a half deep so there's a tr

this car again it is general motors, chevrolet, american brand, owned by an american company.nts in canada, overseas, they are using parts from all over the world. >> greta: assembled in the united states has foreign parts in it. maybe the mercedes is 100% german. >> no a lot are assembled in the united states. the auto industry is a a great example of -- >> greta: i don't think she will do it again. >> for sure. >> greta: ed, thank you. remember joran van der sloot? he just got slapped with a taste of reality. now officially charged with first degree murder and robbery in connection with the death of 21-year-old stephanie flores. accused of killing flores last year in peru. her body was found beaten and strangled in his hotel room. she was murdered five years to the day natalee holloway disappeared in aruba. prosecutors are asking for a 30 year jail sentence and restitution of more than $70,000. no date set for trial. >> straight ahead, the best of the rest. one man strikes it big while attending to his garden. what he does next might surprise you. >> check out this bizarre s

money will be injected by the end of next year the company will invest the money construction projects for the sochi winter olympics and general motors. that's all the business news for now if the north star is it could always have talked about science that's called slash business. in the faraway land where human life is ruled by nature. the distant past of planet earth is scarcely preserved one of the. interim animals lie hidden in the deep permafrost. and for those who knew with them restored times are still not good for. more news today violence is once again flared up. these are the images the world has been seeing from the streets of chess.