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Pennywise, Pound Foolish

Chris Komisarjevsky | Posted 06.14.2014 | Business
Chris Komisarjevsky

It might be easy just to do the numbers and compare the pennywise decision of a decade ago to the pound-foolish impact today.

GM CEO Makes Grim Admission

Reuters | Posted 05.18.2014 | Business

* New actions are unrelated to ignition switch problems * GM to take $300 mln charge in 1st qtr for all four recalls * C...

GM's First Female CEO Will Make A Lot More Than Her Predecessor

Reuters | Posted 02.10.2014 | Business

DETROIT, Feb 10 (Reuters) - General Motors Co's Mary Barra, the auto industry's first female chief executive officer, will be paid $14.4 million in ca...

Mary Barra Takes Over GM

David Kiley | Posted 02.09.2014 | Detroit
David Kiley

Barra, the first woman to run the world's largest automaker, and the first woman to run any car company, will face inevitable challenges of perception. Can a woman run a car company so dominated, as is the entire industry, by men.

GM Names Its First Ever Female CEO

Reuters | Ben Klayman | Posted 01.25.2014 | Business

DETROIT - General Motors Co Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Bar...

Bailed-Out Automaker Denies Damning Accusations

Reuters | Posted 04.28.2013 | Business

* Disputes reports saying automaker requested pay increase * Says requested $9 mln pay package, not $11.1 mln * GM says ...

GM CEO Makes BIG Out-of-Pocket Donation To Detroit Revitalization

The Huffington Post | Kate Abbey-Lambertz | Posted 03.02.2012 | Detroit

Just days before home-building charity Habitat for Humanity celebrates its 25th anniversary, the organization will launch a $25 million project to exp...

Did GM CEO Fritz Henderson's Daughter, Sarah Henderson, Rant On Facebook?

Posted 05.25.2011 | Business

Did the daughter of GM's resigned CEO Fritz Henderson write an incendiary message on the company's Facebook fan page, trash-talking the automaker's ch...

The Triumph of Symbolism over Substance

Tom Morris | Posted 05.25.2011 | Home
Tom Morris

To favor symbolism over substance is to allow the proverbial tail to wag the aphoristic dog. And that's never a good idea.

Edward Whitacre Jr.: New GM Chairman Is Former AT&T CEO

Yahoo! Finance | Tom Krisher, AP Auto Writer | Posted 05.25.2011 | Business

UPDATE: Edward Whitacre was the son of a railroad engineer, who grew up trapping frogs and shooting rabbits, according to Business Week. DETROIT (A...

GM Says It Has 16 Suitors For Saturn

CBS News | Posted 05.25.2011 | Business

General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand. ...

VIDEO: GM CEO Fritz Henderson Talks Bankruptcy | Posted 05.25.2011 | Business

General CEO Fritz Henderson appeared on CNBC earlier today to talk about bankruptcy and what the future holds for the the century-old automaker. Watch...

Glenn Beck Fails To Get GM CEO To Bash The United Auto Workers

Posted 05.25.2011 | Business

In an amazing interview on Thursday afternoon, Glenn Beck consistently attempted to goad recently-promoted GM CEO Fritz Henderson into bashing the aut...

Rick Wagoner's Home (PICTURES) | Posted 05.25.2011 | Business

Rick Wagoner lived a life of luxury as General Motors deteriorated. RadarOnline has pictures of his mansion....

Detroit: Obama Gets it Right

Philip G. Baker | Posted 05.25.2011 | Business
Philip G. Baker

Customers want to have a relationship with a company they can take pride in. Are you proud of companies that fight mileage standards and who opposed every safety innovation since seatbelts?

The Bailout Double Standard And The Revival Of Reaganism

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Obama took some flack last year for seeming to idealize The Gipper. I think we're seeing that they previewed an effort to emulate Reagan's tactics -- in particular, when it comes to bailouts.

GM CEO Rick Wagoner's $20 Million Retirement Package

ABC News | MICHELLE LEDER and JUSTIN ROOD | Posted 05.25.2011 | Business

Rick Wagoner will leave his post as CEO of bailed-out General Motors with a $20 million retirement package, the company's financial filings show. A...

Mortgage Mess Ends Honeymoon With Wall Street For GM Chief

Wall Street Journal | John D. Stoll | Posted 05.25.2011 | Business

The meltdown in the mortgage market and slumping car sales have combined to sour General Motors Corp. Chief Executive Rick Wagoner's brief honeymoon w...