Obama Praises GM Bailout as Shares Gain 4% in IPO

Following General Motors’ historic return as a publicly traded company Thursday, President Obama said the U.S. government, despite the many critics, is on track to more than recoup the nearly $50 billion it invested in the Detr…

GM IPO Isn’t Closing Early, Goldman Sachs Says

Goldman Sachs Group won’t stop taking orders for General Motor’s initial public offering at noon Friday, the investment banking giant now says, despite an email sent by the bank to clients on Thursday that said it would, Dow Jo…