It might be easy just to do the numbers and compare the pennywise decision of a decade ago to the pound-foolish impact today.
Things happen. People mess up. It is how you handle the mess-up that defines you. GM messed up when it knew about a part that needed to be replaced and did nothing about it.
Consumers, employees, investors, and members of the broader community look to a company's top leader to understand what that company stands for -- in good times and in bad. With social media, CEOs have a unique opportunity to be tell their story directly, immediately, and openly.
The executives at GM knew for 13 years that their cars had a defective ignition switch that would, well, kill people. But they did a "cost-benefit analysis" and concluded that paying off the deceased's relatives was going to be cheaper than having to install a $10 part per car.
Bob Shrum and Torie Clarke diagnose Obamacare on April deadline. Growing from six enrollees on website's first day to nearly seven million now, is the biggest comeback since Kentucky, down 31, beat LSU by 2 in 1994?
What is needed is an ethical rule that prohibits lawyers from demanding or accepting confidentiality as a condition of settlement if there is a good faith belief that a product is defective and dangerous.
How unusual has the weather been? No one event is "caused" by climate change, but global warming, which is predicted to increase unusual, extreme weather, is having a daily effect on weather, worldwide.
Here are the top 10 examples of corporate welfare and welfare for the rich. There are actually thousands of tax breaks and subsidies for the rich and corporations provided by federal, state and local governments, but these 10 will give a taste.
We can hear the 'wolves on Wall Street' howling at rising profits and executive salaries -- while the sucking sound you hear are jobs and families flung into poverty. 2014 will require a vigilant vote and voice to make a real difference for a very real problem.
As information increasingly dulls the senses and muddles our brains, and as transparency becomes the norm, building enduring reputations grows in importance.
The biggest single step any nation has taken to fight global warming is working. Now if the auto industry -- finally selling cleaner cars and making real profits -- would just stop fighting it.
On the surface, it's a fantastic thing. It's always a fantastic thing when one more positive first for any target identity is achieved. But as an 18-year-old female going to college today and expecting to head into the job market myself in the near future, it's also disappointing.
Now, that the U.S. Treasury has exited its partial ownership of General Motors, the bill to the tax-payer is reported to be $10.5 billion. Libertarians and many a Tea party Republican decry the bill. But are we forgetting the $24 billion the Republican led government shutdown cost the economy?
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.
For me, a young guy looking to help build the Detroit of the future, I hope we accept that the mythology of car ownership doesn't need to be our death sentence. We aren't some antiquated city that can't adapt to world of tomorrow.