Today, General Motors announces its first quarter earnings. The CEO and chairman of General Motors, Dan Akerson, takes listener questions and talks about how the company has faired since it was restructured by the federal government in 2009.

Today, General Motors announces its first quarter earnings as Americans debate whether the auto bailout was worth the investment. Celeste interviews the CEO and chairman of General Motors, Dan Akerson, about how the company has faired since it was restructured by the federal government in 2009.

General Motors and the United Auto Workers union have released the details of their tentative new four year agreement, which was reached on Tuesday. The deal will close the salary gap between workers in the two-tier wage system that is in place at GM and the two other Detroit automakers. Paul Eisenstein, publisher of The Detroit Bureau, has the latest on the deal.

General Motors has announced its second quarter earnings of $1.3 billion. There had been much anticipation surrounding this report, as many were speculating that GM, which came out of Chapter 11 bankruptcy last year. This means that they earned more than $2 billion dollars in the first six months of this year. This is a major turnaround for the company, even though they have a long way to go to make up for the losses that forced them into bankruptcy.