Verizon Names Wireless Unit Exec as New COO

Early Monday, telecom giant Verizon Communications (VZ) named Lowell McAdam president and COO, which would put him in line to eventually succeed longtime CEO Ivan Seidenberg. McAdam currently serves as the CEO of Verizon Wirele…

GM CEO Says Government Bailout Was Right Thing to Do

The federal government’s controversial decision to step in and save General Motors from insolvency was the right thing to do, says the automaker’s new Chief Executive Daniel Akerson.
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Two Years After Lehman, Corporate Credit Is Flowing Again

Many aspects of the financial crisis are still with us. But when it comes to one of the most profound economic impacts of the 2008 meltdown — the downright seizure of credit markets — things could hardly be more different now…