SINGAPORE, April 1 (Reuters) – President Barack Obama has
determined that a prepackaged bankruptcy is the best way for
General Motors Corp. to restructure and become a
competitive automaker, Bloomberg reported, quoting people
familiar with the matter.
Some banking companies, already under fire for having their own private aircraft, are seeking ways to scale back their partial ownership of other jets.
Colonial reportedly is closing in on $300M in outside funding that would hand over control of the company to an investor group led by Taylor, Bean & Whitaker Mortgage Corp.
Wells Fargo told employees in a memo this month that it’s considering cutting foreign workers, citing political pressure stemming from the government’s bailout of …
Executives from Accenture’s financial services industry risk management practice write that, of four potential G-20 summit outcomes, continuation of the status quo is most likely.
The U.S. Border Patrol is erecting 16 more video surveillance towers in Michigan and New York to help secure parts of the U.S.-Canadian border.
Obama reportedly thinks bankruptcy is best way for GM, Chrysler to restructure, become competitive automakers
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Details are emerging about a Chinese-developed ‘kill weapon’ that could potentially target and destroy a U.S. aircraft carrier in a single strike, the U.S. Naval Institute reports
