archive
Thursday, May 31, 2007
Monday, May 21, 2007
Business
From Aircraft to Autos: Ford CEO Alan Mulally
May 21, 2007 Ford is in the midst of a major restructuring, closing plants and laying off workers. At the helm of the company is Alan Mulally, who played a key role in Boeing's turnaround but has no real experience in the auto industry. Is he up to the job?
Friday, May 18, 2007
Monday, May 14, 2007
Business
Private Equity Group in $7.4 Billion Deal for Chrysler
May 14, 2007 German automaker DaimlerChrysler has announced that it is selling 80 percent of its struggling Chrysler division to Cerberus Capital, a private equity firm. Cerberus will pay $7.4 billion for the U.S.-based entity, but little of that money will go to Daimler. In the transaction announced this morning, Daimler will actually end up paying to get out from under Chrysler's crushing liabilities.
Business
DaimlerChrysler Cuts Deal to Sell Chrysler Group
May 14, 2007 The German auto giant DaimlerChrysler will sell a controlling stake of the struggling Chrysler Group for $7.4 billion. The buyer is a private-equity firm, Cerberus Capital Management. DaimlerChrysler will keep a 19.9 percent stake in the new Chrysler Holding LLC.
Tuesday, May 01, 2007
Your Money
Relocating Tougher When Home Sales Are Slow
May 1, 2007 Relocating to another city for your job is hard enough. Trying to sell your home during a time when the housing market is falling or flat in many places makes it tougher.
Friday, April 20, 2007
Tuesday, April 17, 2007
Monday, April 16, 2007
Friday, April 13, 2007
Tuesday, April 03, 2007
Your Money
As Foreclosures Rise, Analyst Predicts Wide Impact
April 3, 2007 There are more signs that the overall housing market will take a hit from the woes of the subprime mortgage sector. The real estate industry's main trade group expects that unsold homes will pile up as foreclosures mount. That is likely to slow the pace of home sales in coming months.
Monday, April 02, 2007
Thursday, March 29, 2007
Tuesday, March 27, 2007
Monday, March 26, 2007
