TAXPAYERS FACE LOSSES ON GM’S INITIAL PUBLIC OFFERING
By Mark Kleis Several sources familiar with the preparations of General Motors’ upcoming initial public offering are, according to the latest projections, suggesting that American taxpayers could take a loss on the offering, potentially pushing off payback for years. The U.S. taxpayers currently lay claim to a 61 percent ownership stake in GM, meaning taxpayers […]
In: Business Stories · Tagged with: American Taxpayers, Automaker, Economic Uncertainty, General Motors, Gm, Incentives, Initial Public Offering, Ipo, Likelihood, Market Valuation, November 2nd, Ownership Stake, Payback, Reuters, Roadshow, S Market, Salary Information, Selling Shares, Target Value, Wall Street
FRITZ HENDERSON NAMED CEO OF ENERGY SPIN-OFF
By Drew Johnson Former General Motors CEO Fritz Henderson has finally found himself a new job, landing the position of CEO at Sunoco spin-off SunCoke Energy. SunCoke is expected to be separated from Sunoco sometime during the first half of next year. Until SunCoke is spun-off from Sunoco, Henderson will serve as the company’s senior vice president. […]
In: Business Stories · Tagged with: Bankruptcy Proceedings, Company Source, Drew Johnson, Ed Whitacre, Exec Ed, Financial Expertise, Fritz, General Motors, Global Experience, Global Growth Strategy, Hoops, Independent Company, New Job, Recycling Company, Reins, Rick Wagoner, Salary Information, Senior Vice President, Suncoke, Sunoco
10 States With Ridiculously Low Unemployment
Every U.S. state experienced job losses during the recent downturn, but thanks to the right mix of industries, natural resources, and skilled workers, some states have a far lower unemployment rate than the 9.5% national average. Want to crack the jobs problem? Let’s start by studying these sources of American strength… Iowa — Outperforming with […]
In: Job Search Advice · Tagged with: Aerospace, Affluent Americans, Agriculture Energy, Agriculture Tourism, American Strength, Commodities, Diversity, Downturn, High Education, Job Losses, Magnet, Natural Resources, North Dakota, Raw Materials, Salary Information, Skilled Workers, South Dakota, Tax Policies, Transport Hub, Unemployment Rate
