The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the automaker and announced plans to completely exit the Detroit automaker by March 2014. The Detroit automaker said it will...
A majority of owners of midsized businesses in the Chicago area plan to expand in the next three months, but only a third say they will hire more workers in that time, according to a new survey. … The most recent poll … found that nearly 60 percent of...
General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent. … Government officials weren’t...
General Motors Co. announced the temporary suspension of Chevrolet Volt production and the layoffs of 1300 employees, as the company is cutting Volt manufacturing to meet lower-than-expected demand for the electric cars. “Even with sales up in February over...
Recently published is a series of stories on where it’s easier/better to start and run a business. Whether we like it or not, businesses employ people; people do not employ businesses. Creating and maintaining a pro-business environment is not easy. But sure...