January 22, 2011
At a press conference on Wednesday, General Motors Co. announced Tom Stephens as the Global Technology Chief. Stephens has been working for GM for approximately two years and was promoted from product chief to the newly created position. Stephens, who is 62 years old, is going to stay in GM’s Executive Committee and will keep ...
January 20, 2011
Thailand’s Board of Investment is concerned about the political stability of its country as the value of planned foreign investment drops. Opposed to last year the expected foreign investment decreased last year by almost one-third. According to reports, the country received applications for 865 foreign projects worth $7.7 billion, which was almost 33 percent less ...
January 15, 2011
U.S. taxpayers’ investment in GM, Chrysler Financial and Ally Financial has improved more than it was originally expected. According to sources it has “starkly improved” but at the same time it has also caused taxpayers’ ability to get back some of their money. This current state of limbo was caused by the U.S. Treasury’s conflicting ...
November 18, 2010
General Motors Co. is back. This news of a company, which was on the New York Stock Exchange for almost a century and then went bankrupt last year are very surprising. On November 18th, 16 months after it went bankrupt it returned to public trading after raising more than $20 billion in an initial public ...