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Friday, March 19, 2010
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Friday, March 19, 2010
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The UAW will emerge from a GM restructuring as the second-largest stockholder in the reorganized automaker.
May 25 was the final day for Irish banks to list their assets with the National Treasury Management Agency.
Sales of new U.S. homes rose slightly in April, while fewer workers filed for first-time jobless aid last week.
Most UAW workers approved an agreement with GM that will give the union a stake in the U.S. automaker.
GM said it had reached a deal with some major bondholders that would give them a bigger stake in a reorganized automaker.
General Motors Corp moved closer to filing the largest bankruptcy ever for a U.S. industrial company.
Concerns about the debt burden facing countries trying to spend their way out of the economic downturn...
GM's offer to exchange shares or $27 billion in bond debt has met with a tepid response from investors.
A lack of advertising revenue has forced De Morgen, one of Belgium's major newspapers, to lay off 15 staff members.
Time is running out for General Motors Corp. in its fight for survival.