CNBC.com's News Now: GM's Wagoner on Stock's Plunge

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Thursday, Jul. 10, 2008

1. Revamping U.S. Financial System 2. PIMCO's Gross Denies Lehman Rumors 3. Stop Trading, Listen to Cramer! 4. GM's Wagoner on Stock's Plunge 5. CNBC 101: New Energy ETFs

Portfolio Watchlist Insider Trends Financial Glossary Stock Screeners Fund Screeners Earnings Screeners  GM's CEO Wagoner: No More Brand Cuts Planned The message from General Motors chairman and CEO was clear and direct: The company has no plans to cut anymore of its brands. I asked Wagoner about cutting the brands when I caught up with him after a speech here in Dallas... Click here to read more.

GE EARNINGS: General Electric, parent company of CNBC, reports earnings before-the-bell and holds an 830a ET conference call. Scott Cohn follows the news as the conglomerate hopes to bounce back from last quarter's miss. THE IPHONE RELEASED: At 800a ET, Apple-crazy Americans finally get their hands on the second-generation iPhone, the new hoping-to-be-business-friendly iPhone. Brian Shactman is live in New York City's meatpacking district talking shoppers. ALL THE PRESIDENT'S MEN: As President Bush meets with his econ team in the 1000a ET hour, John Harwood wraps up the highlights and comments on the administration's latest efforts and policies geared towards getting the economy on the right track. FOLLOW THE MONEY/ON THE MOVE/REAL-TIME FLASH: Matt Nesto follows the winners and losers in the market, breaking down the biggest stock and sector stories of the day.

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