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GM, Chrysler Likely to Need New UAW Accord on Trusts (Update1) - BloombergOct. 30 (Bloomberg) -- General Motors Corp. and Chrysler LLC probably will need a new agreement with the United Auto Workers for union-run medical trusts before the money-losing automakers can complete a merger, people familiar with the matter said ...
GM-Chrysler Union Funds Said to Be Hurdle in Merger (Update1) - BloombergOct. 29 (Bloomberg) -- Merger talks between General Motors Corp. , the largest U.S. automaker, and Chrysler LLC face a possible hurdle in the union-run trusts created to manage retiree health benefits, people familiar with the matter said. A tie-up ...
District faces tough decision - Topeka Capitol-JournalThis wasn't the economy officials in Auburn-Washburn Unified School District 437 foresaw when they made a $68 million bond issue pitch to voters last year. Officials said the district needed the money to build an elementary school and make ...
Don't Expect a Rebirth, Even if GM Does Sell Its Renaissance Center - Wall Street JournalWhen the hulking complex now known as the GM Renaissance Center was conceived in the wake of Detroit's 1967 riots, civic and business leaders hoped its construction along the Detroit River would help revive the city's downtown. These days it's the ...
Sunday: Highlights from today's Birmingham News - Everything Alabama BlogJefferson County Commission and Gov. Bob Riley are hoping the $700 billion bailout could help the county refinance $2.7 billion of its sewer debt on more affordable terms, avoiding bankruptcy. Both presidential candidates pledge strong support of ...
Chrysler deal may rely on fed aid - Detroit NewsTalks between Chrysler LLC owner Cerberus Capital Management LP and suitors for the automaker are progressing at a rapid clip, say people familiar with the discussions. But with credit markets still reeling from the banking crisis, a deal may hinge ...
GM, Chrysler likely to need new UAW accord on trusts - Windsor StarGeneral Motors Corp. and Chrysler LLC probably will need a new agreement with the United Auto Workers for union-run medical trusts before the money-losing automakers can complete a merger, people familiar with the matter said. That adds a hurdle for ...
Faneuil Hall, Natick Collection Owner In Trouble - WBZ-TVBOSTON (WBZ) ― The company that owns several popular malls in New England says it may have to file for bankruptcy - just before the holidays. General Growth Properties Inc. of Chicago owns the Faneuil Hall Marketplace , the Natick Collection ...
Viewer Stories: Housing Market Victims - WSB-TV AtlantaI lost my house a few months ago because I did not have the money for the elevating arms that came when the mortgage went from $1,222.00 to $2,000.00 in three years. I feel that the mortgage was a joke when no one would talk to me at the table before ...
Student Loan Potpourri - Inside Higher EdIf the air seemed to be going out of the multifaceted controversy over college student loans, Wednesday pumped it back up. The day produced three noteworthy developments: New York Attorney General Andrew M. Cuomo issued a new salvo in his six-month ...
Today's Mortgage Terms starting with G
Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.
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