Archive for May, 2009

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Meet the new, government-owned GM

With General Motors poised to enter Chapter 11 reorganization, the question arises: What will the bankrupt company look like and how will it be different?


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Ugh! Gas hits $2.50

The price of gas, rising for the 33rd straight day, has reached $2.50 a gallon, motorist group AAA reported Sunday.


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GM’s Opel rescued in global deal

A Canadian auto parts supplier has come to the rescue of German carmaker Opel, negotiating a deal with the German government that will save the company from insolvency.


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Gas price surge may stall recovery

The rising price of gasoline is putting pressure on cash-strapped motorists and throwing barricades into the path of a speedy economic recovery.


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Monday’s the day for Chrysler

Read full story for latest details.


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Week ahead: Trying to make sense of economy

Wall Street will return for the first trading day of a new month Monday with the economic outlook still unclear and the bankruptcy of a major American business icon looming large.


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What to do if you own a GM car

Here’s the lowdown.


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What’s GM worth?

Once the bankruptcy process at General Motors plays itself out, what will the company be worth?


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Long-time BofA director steps down

Read full story for latest details.


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The food industry’s newest smell test

First came bottled water. Then food companies began “infusing” water, tea, and other bottled drinks with fruit flavors and vitamins. Next up? Smell infusions.


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