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Stephens Global Technology Chief of GM

Stephens Global Technology Chief of GM

January 22, 2011 No Comments

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 ...

Concerns About Political Stability At Its Highest

Concerns About Political Stability At Its Highest

January 20, 2011 No Comments

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 ...

U.S. Taxpayers’ Investment In GM

U.S. Taxpayers’ Investment In GM

January 15, 2011 No Comments

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 ...

General Motors Co. is back

General Motors Co. is back

November 18, 2010 No Comments

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 ...