Recent Business News
DETROIT - General Motor Co's incoming president has gone to great lengths to prove that while he is the U.S. automaker's chief financial officer, he is not just a "bean counter."
SAN FRANCISCO - Investors piled into Twitter Inc for the second straight day, lifting its shares to more than $52 and setting a new intraday high on Tuesday even in the absence of any significant announcements from the social media debutante.
WASHINGTON - The U.S. Supreme Court on Tuesday ruled for a Sprint Nextel Corp subsidiary locked in a dispute with the utilities regulator in Iowa.
WILMINGTON - Fisker Automotive Holdings Inc might not be making its plug-in Karma sports cars anymore, but it still knows speed. The company's lawyers convinced a bankruptcy judge on Tuesday that its Chapter 11 should proceed at an unusually rapid pace.
Today, GM announced its new CEO will be Mary Barra, the company's current head of global product development.