News of the automaker’s massive recall came just days after Japan Airlines filed for bankruptcy, and as Sony has lost its lead in consumer gadgets to the likes of Apple.
Tagged apple, apple-experts, automaker, embrace-the, its-lead, japan-, japan-airlines, likes, perils, say-the, some-common, struggles-have, the-automaker, the-likes, the-perilsFinancial woes forced the decision.
Tagged a-possible-bankruptcy, after-the, among-the, among-the-options, explore-ways, filing, final, leaving-its, options, woes-forcedNEW YORK — (Mealey’s, Jan. 29) In a motion filed in a New York federal court on Wednesday and made available yesterday, the trustee in the Bernard L
Tagged 220-million, and-made, bernard, blmis, court-on-wednesday, family, investment, madoff-investment, motion-filed, moved-for, new, the-family, trustee, yorkBarclays Capital moved late Thursday to defend itself against a lawsuit by Lehman Brothers’ bankruptcy estate, arguing that it did not make a windfall profit by secretly negotiating a big discount for the collapsed firm’s core operations in September 2008. See more here: Barclays Seeks Dismissal of Lehman’s Lawsuit
Tagged a-big-discount, a-windfall-profit, barclays, capital, collapsed, collapsed-firm, core-operations, defend-itself, dismissal-, lehman, lehman-brothers, more-here, september, thursday, windfall-profitNEW YORK – (AP) Henry Paulson was gripped by a “jolt of fear” and felt ill as the financial crisis threatened to plunge the U.S.
Tagged financial, follow, henry, link, secretary-says, the-financial, the-former, treasury, yorkBANGKOK – (AP) The Thai unit of General Motors Co. has secured $409 million of loans from local banks and a cash infusion from GM, allowing it to restart expansion plans. The funds, which include $118 million from GM, will finance construction of a diesel engine plant in the easter Continue …
Tagged 118-million, 409-million, continue, general, has-secured, loans-from, the-easter, which-includeA union and the bankruptcy trustee questioned a $45.6 million incentive program for top executives and managers after thousands of layoffs. Visit link: Bankruptcy Judge Approves Bonus Payments for Tribune Executives
Tagged 45-6-million, bonus-payments, for-top, judge-approves, managers-after, payments, tribune, tribune-executives, trustee-questionedAP – Ford, the only U.S. automaker to avoid bankruptcy court, clawed its way to a $2.7 billion profit in 2009 and expects to stay in the black in 2010
Tagged 2-7-billion, 2009-and, automaker, black, clawed-its, first, four-years, only, read-the-rest, rest, the-black, the-rest, yearsDETROIT – (AP) A small Dutch automaker will try to do what U.S. auto giant General Motors Co. couldn’t make money by selling Saab brand automobiles in an increasingly competitive global marketplace
Tagged auto-giant, automaker-will, continue, global-marketplace-, make-money, reading-here, sell-, spyker, spyker-cars