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Washington, DC — Since Stephen Hayes became president of the Corporate Council on Africa in 1999, the Washington, DC-based organization has grown from 86 members to more than 200. A graduate of Indiana University with a Masters Degree in agricultural economics from Texas A&M University, Hayes served previously as a consultant to Winnington Limited of London, a private European holding company, ...
Highlights of what Big 3 want The Detroit Three automakers, making a second bid for federal loans, presented Congress with plans Tuesday. Highlights of each automaker's plan:
The Detroit Three automakers, making a second bid for federal loans, presented Congress with plans Tuesday to restructure their ailing companies and provide assurances that the funding will help them survive and thrive.
DETROIT/ WASHINGTON (Reuters) - A top lawmaker predicted Washington would approve a bailout for U.S. automakers after they submitted survival plans, and General Motors and Chrysler said they needed an immediate infusion of cash to avoid failures.
Detroit's Big Three automakers made a desperate plea for $34 billion in emergency government loans Tuesday, as General Motors and Chrysler warned they could collapse without immediate federal assistance.
By JULIE HIRSCHFELD DAVIS and TOM KRISHER WASHINGTON — Humbled and fighting for survival, Detroit’s once-mighty automakers appealed to Congress with a retooled case for a huge bailout Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline. General Motors said it wouldn’t last until New Year’s without an immediate $4 billion and could drag the entire ...
The Big Three pledge to slash as needed in return for a federal lifeline.
Electricite de France S.A. today announced that, through its subsidiary EDF International, it has sent a letter to the Board of Directors of Constellation Energy proposing to acquire a 50% ownership interest in Constellation's nuclear generation and operation business for $4.5 billion.
MySpace , the worls premier social network, and RipCode , an innovator of Internet and mobile video infrastructure solutions, announced today that MySpace Mobile users across the globe will now be able to enjoy MySpace video content from their video enabled mobile devices.
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