PHOENIX (Reuters) - The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year. Pay czar Kenneth Feinberg said he plans to release the 2010 compensation decisions next ...
Jerome York, Apple director, auto industry reformer and Kerkorian adviser dies at 71 Jerome York, an Apple Inc. board member and a financial wizard credited with turning around Chrysler and IBM, died Thursday of a brain aneurysm. He was 71. He died ...
DETROIT (Reuters) - Jerry York, a long-time adviser to billionaire investor Kirk Kerkorian and executive whose career spanned the auto and technology industries, has died, Apple Inc said on Thursday. York, who sat on Apple's board, once worked as chief financial officer ...
UAW OKs severance agreement in shutdown of Toyota plant in Calif. Workers at the New United Motor Manufacturing Inc., known as Nummi, have voted in favor of a proposed severance package for the 4,600 workers about to lose their jobs when the ...
DETROIT (Reuters) - Toyota and its luxury Lexus brand slipped for the second consecutive year in an influential vehicle dependability study released on Thursday. Toyota Motor Corp's <7203.T> Lexus fell to fourth in the J.D. Power and Associates Vehicle Dependability Study. Lexus ...
SAN FRANCISCO (Reuters) - Apple Inc <AAPL.O> board member Jerry York was hospitalized on Wednesday near his home in Detroit after suffering a collapse, a person familiar with the matter said. Details on York's condition were not immediately available. Jerry York once ...
Porsche leaps to top of closely watched dependability study; Toyota loses ground to rivals Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday. The German sports ...
General Motors' Australian subsidiary GM Holden on Thursday recalled 9,000 Cruze sedans over a faulty fuel hose, after a raft of damaging glitches hit Japan's Toyota and Honda. A company spokesman said some of the hoses on 1.8-litre MY10 JG Cruze models ...
The essential role of private enterprise After a great deal of hype and hope, the Copenhagen climate summit produced no more than a vague promise to continue to work together. The only real point of consensus was to agree to meet again ...
DETROIT (Reuters) - General Motors Co <GM.UL> has a "reasonable chance" to show a profit in 2010 and could sell shares by late this year though it has no timetable for an IPO that would reduce the U.S. government's majority stake, Chief ...
