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If GM wants the government loans they have their hopes set on, they can surely count on searching for a new CEO. The Obama administration told CEO Rick Wagoner to step down from his position as chairman and CEO of GM ahead of the president’s …

Christopher Cox, chairman of the Securities and Exchange Commission, resigned today and left his post as one of the five members of the SEC.
The resignation was expected. President Obama nominated Mary Schapiro to lead the SEC and is waiting for her to be confirmed by …

In previous posts, I’ve said that many organizations have written Congress to asking to delay the digital television conversion that is set to take place February 17. However, FCC chairman Kevin Martin doesn’t support a delay citing confusion.
In an interview at the International Consumer Electronics …

The Federal Reserve just announced that it will cut the federal funds rate that banks charge each other from zero to 0.25 percent. That is down from the 1 percent target rate in effect since the last meeting in October.
Many analysts were calling for the …

Today, as expected, the Fed cut the key interest rate to 1%. Some analysts are saying that the Fed won’t stop at 1%, if it needs to, the rate could go lower. A rate below 1% hasn’t been seen since the Eisenhower administration in the …