Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…
Bankrupt video-rental company Blockbuster may put itself up for sale as early as next week, The Wall Street Journal reported Thursday. The company had previously planned to reorganize, but creditors couldn’t agree on a plan to …
Verizon Wireless stores were braced for a crushing wave of customers seeking the newly available Verizon iPhone Thursday. But thanks to a strong pre-order campaign, the crowds were lighter than expected, and happy shoppers got …
Gevo, part of Richard Branson’s Virgin Group companies, went public this week on Nasdaq. The firm sold 7.15 million shares at $15 each, which was at the high end of its estimated range of $13 to $15. On its first day of tradin…
Coca-Cola’s strong earnings drew only a tepid response from investors. One reason could be the company’s go-slow approach to unloading global bottling operations that it has painstakingly rebuilt. But Muhtar Kent says he’s not …