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About 35,000 hourly workers at General Motors Corp. have taken buyout or early retirement offers
Jun. 26, 2006
About 35,000 hourly workers at General Motors Corp. have taken buyout or early retirement offers, surpassing the company's expectations as it tries to cut costs by paring its hourly work force, GM Chairman and CEO Rick Wagoner said Monday.
BIZ/FINANCE ARTICLES
Central banks will have to move faster to raise interest rates because global inflationary pressures are rising
Media Release
...the economy remains vulnerable to a bang of market turbulence
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Central banks will have to move faster to raise interest rates because global inflationary pressures are rising
Media Release
...the economy remains vulnerable to a bang of market turbulence
READ MORE>>
New sources of ethanol are required to meet the U.S. demand for energy - Corn is not the answer: Chevron CEO
Media Release
Fifteen percent of the corn crop today goes into fuel, but it's only 2 percent of the fuel
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Berkshire Hathaway fortune, worth well over $40 billion going to Bill & Melinda Gates Foundation
Media Release
Within months, he said, he would begin to give away his Berkshire Hathaway fortune, worth well over $40 billion. Most of it is going to the Bill & Melinda Gates Foundation, he said.
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Oil prices rose this week, while metal prices fell
Media Release
Oil rises on Norwegian strike fears
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Lakshmi Mittal, the billionaire Indian steel tycoon considers raising Arcelor bid
Media Release
Lakshmi Mittal, the billionaire Indian steel tycoon, was Wednesday night weighing up whether to increase his company's €25.8bn ($32.7bn) offer for Arcelor...
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Yoshiaki Murakami, the Japanese corporate raider, was on Friday indicted on charges of insider trading
Media Release
Yoshiaki Murakami, the Japanese corporate raider, was on Friday indicted on charges of insider trading after he admitted in public to breaking the law inadvertently.
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Oracle reported a 25 per cent increase in revenues in the final three months
Media Release
US software maker reported a 25 per cent increase in revenues in the final three months of its latest fiscal year.
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Government bonds weakened and yields rose
Media Release
Government bonds weakened and yields rose this week as markets around the world continued to be driven by interest rate rise speculation
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