MICHAEL MacDOWELL | GM makes it big second time around
In April 2010, General Motors Chairman Ed Whitacre announced that GM would pay back $8.1 billion in government loans. It was greeted by cheers from employees and no doubt from U.S. treasury officers as well. Of course, much of the $52 billion loaned to General Motors by the federal government – and the $1.4 billion loaned to General Motors by the Canadian government – has been converted to stock, which you and I as taxpayers own. This may be a good investment, for it appears that General Motors has learned its lesson.
- Real estate transactions 05/12/2013
NICK MASSEY | Beware of stock indexes
One of the basic rules of military strategy is that when aggressively pursuing the enemy, you have to be sure you don’t outrun your supply lines. If the guys bringing the food, ammo and fuel can’t keep up, it doesn’t take long before bad things happen.
Business people: RE/MAX ranked in top producers
Agents with RE/MAX Team, REALTORS ranked among the top producers in the RE/MAX Pennsylvania-Delaware Region for 2012. The agents and staff were recognized for giving back to the community, with contributions to Children’s Miracle Network Hospitals topping $45,000 since 2006.
DAVID MASTOVICH | Success, like beauty, is in eye of beholder
While preparing a speech for a group of college seniors, I focused on the importance of a lifelong thirst for knowledge and achieving positive, incremental change.
THOMAS SEITZ | New estate tax rules bring calm after storm
Some individuals were in a panic late last year as the favorable estate and gift tax rules were set to expire in 2013. With Congressional action uncertain, no one knew how their plans might be affected.
- Real estate transactions 05/05/2013
- Business in brief 5/3/2013
Area labor data changes mixed
The March labor market report showed mixed changes, according to information released Tuesday by the state Department of Labor and Industry.
On the jobs front, it was not the news that many were hoping for as the seasonally adjusted job level edged downward in each of the first three months of this year.
Record sales year
The landscape of the auto industry changed from 2008 to 2010, when two of the “big three” car manufacturers – Chrysler and General Motors – declared bankruptcy and were rescued by the government.
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- MICHAEL MacDOWELL | GM makes it big second time around