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After 101 years, why GM failed

General Motors (GM) was founded in September of 1908. On June 1, 2009, at 8 a.m. -- almost 101 years later -- it ceased to exist, and control was han[...] read more »
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Euro-Area Inflation Rate Falls to Zero for First Time

The euro region’s inflation rate fell to zero for the first time in at least 13 years in May as energy costs retreated and the worst recession in mor[...] read more »
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Oil hits 6-month high above $62

Oil prices rebounded Tuesday to their highest level this year as a triple-digit rally on Wall Street pulled crude off its earlier lows. read more »
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Donate PCs

Here is a list of places where you can donate used computers, monitors, and TV sets. Get a tax receipt for most donations, plus you can promote your [...] read more »
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Obama's Top 10 stocks - May. 15, 2009

When it comes to policy, President Obama is moving like lightning. But when it comes to his investments, he's playing it cool. read more »
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U.S. to Use Bailout Repayments to Aid Small Banks - NYTimes.com

Treasury Secretary Timothy F. Geithner said on Wednesday that the administration would provide a new round of capital assistance for smaller banks an[...] read more »
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25 Biggest Bank Failures in History

In celebration of this week’s bank stress tests, which promise that no bank will fail, we’ve decided to release a list of 25 banks that did kick the [...] read more »
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10 companies that may go bankrupt this year - MSN Money

The B-word is in the headlines like never before. There were 7,843 commercial bankruptcy filings in March, according to AACER, a bankruptcy data mana[...] read more »
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7 Things Entrepreneurs Do When Nobody’s Looking - Business Opportunities Weblog

1. Google themselves.
2. Pantomime handing their business card to Donald Trump (without staring at his hair). read more »
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Citigroup, Bank of America Decline on Capital Report (Update2) - Bloomberg.com

Citigroup Inc. and Bank of America Corp. fell in New York trading on concern the companies may be forced by regulators to raise additional capital. read more »
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Apple profit beats expectations on iPhones, iPods

Apple Inc's quarterly profit soared past Wall Street expectations on strong sales of iPhones and iPods, underscoring the popularity of the company'[...] read more »
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Exxon bumps Wal-Mart to top Fortune 500

Energy giant Exxon Mobil Corp (XOM.N) beat discount retailer Wal-Mart Stores Inc (WMT.N) to regain the top of Fortune magazine's list of the 500 big[...] read more »
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GlaxoSmithKline Is Said to Be Close to Buying Stiefel - NYTimes.com

GlaxoSmithKline is nearing a deal to acquire Stiefel Laboratories, a large maker of dermatology products, for as much as $3 billion, people with know[...] read more »
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PoliGazette » Consumer prices fall for first time in 54 years

It is a logical byproduct of a serious recession, but it is troubling nonetheless. Prices only fall when demand decreases. Demand only decreases when[...] read more »
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Chicago, IL - Nation's Second-Biggest Mall Operator Files for Chapter 11

General Growth Properties Inc., the nation's second-largest mall operator, said early Thursday it had filed for bankruptcy protection after failing [...] read more »
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