G.M. Offers Buyouts to 74,000
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The buyout offer, which covers G.M.âs entire unionized work force, came as G.M. announced a $722 million fourth-quarter loss.
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General Motors Corp  said on Tuesday it will offer a new round of buyouts to some U.S. hourly workers, making way for the automaker to hire new employees at lower wages.
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Citigroup (CN: Quote, Profile, Research) said it agreed to sell its truck-financing business to GE Commercial Finance for $4.4 billion, concluding a recent spate of divestitures in its leasing operations.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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Management leads a $4.7 billion buyout bid. Are other bids on the way?
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Telstra today announced the price range for its $750 million off-market buyback, which was part of its capital management program.
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General Motors Corp.  will inject $1 billion into GMAC, its former finance arm said on Tuesday, a capital infusion needed to complete the sale of the automaker's majority stake in the face of escalating defaults in the U.S. mortgage market.
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General Electric Co., the world&#39;s biggest company by market value, said it will buy back as much as $15 billion in stock and raise its dividend as Chief Executive Jeffrey Immelt&#39;s growth strategy generates more cash and profit.
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Advertising giant WPP is to buy US firm Grey Global, in a deal which could be worth as much as Â£750m ($1.3bn). The UK-based group won the auction for Grey Global, the seventh-largest advertiser in the US, against
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A $55 million purchase could be bigger than investors think.
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General Motors Corp  would be  able to buy out as many as 24,000 UAW workers and replace them  with lower-paid hires under a tentative contract agreement, the  Wall Street Journal reported on its Web site on Friday.
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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Roughly 5,600 German employees of General Motors Corp. have agreed to accept buyouts offered as part of the world's biggest automaker's efforts to slash jobs in Europe, a labor official said Friday.
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General Electric Co., the world&#39;s biggest company by market value, will buy back as much as $15 billion in stock and raise its dividend as Chief Executive Jeffrey Immelt&#39;s growth strategy generates more cash and profit.
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Mengniu sale   An investor in China Mengniu Dairy Co has offered 65 million shares for sale, which may raise as much as HK$1.4 billion, Sing Tao Daily reported yesterday, citing unnamed sources.
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PepsiCo. Inc., the world&#39;s No. 2 soft- drink maker, plans to buy General Mills Inc.&#39;s stake in their European joint venture for $750 million in cash, giving it complete ownership of Europe&#39;s largest snack-food company.
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LONDON : Drinks giant Diageo said it had raised 2.26 billion dollars (1.84 billion euros) from the sale of 49.9 million shares in US food company General Mills Inc.