xxxx

While GM decides if it will file bankruptcy, it is likely to give away the stake in Opel/Vauxhall it currently has.  Even though GM is hurting for the money, it will be “giving away” the companies.
Rather than seeking money for Opel/Vauxhall, the automaker would ask …

Just after noon eastern time, Barack Obama became the 44th President of the United States. He gave an inaugural speech that told Americans to be hopeful but hard times are still ahead.
Here is the text of the speech:
“My fellow citizens:
I stand here today humbled by …

Next week’s issue of BusinessWeek will feature a list of the 50 top American philanthropists for the past 4 years. Topping the list will be Warren Buffet, who pledged in 2006 to donate most of his fortune to the Bill and Melinda Gates Foundation. …

President-elect Barack Obama said that the economy is likely to get worse before it gets better, and so he wants the new Congress to pass a quick economic stimulus bill and also pledged help for the troubled U.S. automakers.
During the press conference, the Dow’s 300 …