General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
General Motors boosted Chairman and CEO Dan Akerson's pay package by 44 percent last year, as the value of his stock awards significantly increased.
From sluggish PC sales to Facebook regaining an important advertiser to a department store chain finally ousting its inept CEO, here are the wonders and blunders of the week.
General Motors plans to invest $332 million into four factories in three Great Lakes states to build new, more efficient engines and transmissions.
Automakers are expected to report Tuesday that U.S. car and truck sales hit their highest level in nearly six years in March.
The NCAA basketball tournament doesn’t get nearly the hoopla that the Super Bowl garners, but it’s a bonanza for advertisers, including official sponsors GM and Nissan.
The federal corporate tax rate is 35% but that's not what most big companies pay, and the disparities can be huge: Some pay billions, while others pay nothing.






