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After not meeting the New York Stock Exchange’s requirements, Six Flags will be taken off the exchange.
Six Flags President and CEO Mark Shapiro said, “The delisting of our common stock is a by-product of the inherited debt load on our balance sheet and the overall …

President Obama has been very strict when it comes to the auto industry. Even after GM and Rick Wagoner came to an agreement and Wagoner stepped down from the top job at GM, the Obama administration may still be looking for the company (as well …

GM posted another loss of $9.6 billion for the fourth quarter totaling over $30 billion for the year. They are also burning through the “loan” that the government gave them.
The nation’s biggest domestic automaker said Thursday it lost $30.9 billion for the full year and …

Rumors around the internet are saying that Yahoo will see some management reorganization this week and Wednesday is the day.
Problems have been following Yahoo since the failed buyout from Microsoft, which made investors angry.
The reorganization is expected to include a structure where executives like chief …

GM will be cutting 10,000 salaried global positions (about 14% of its total salaried workforce) this year to help the company restructure. Most jobs will be cut before May first. Also, those who will still have salaried jobs can expect pay cuts ranging between 3 …