The board of General Motors Corp met on Sunday to review a restructuring plan intended to cut costs and win support for up to $12 billion in emergency funding from the U.S. government, a person familiar with the deliberations said.
Detroit, November 29, 2008: General Motors’ milestone 100th anniversary will likely be remembered as much for what’s ahead than what has come before.
OPEC deferred a decision on reducing production this year by two weeks to gauge the impact of earlier cuts, as it seeks to push oil prices back up to $75 a barrel.
Detroit, November 29, 2008: General Motors’ milestone 100th anniversary will likely be remembered as much for what’s ahead than what has come before.
Santa Rosa, CA November 29, 2008: President-elect Obama plans to “put 1 million Plug-In Hybrid cars — cars that can get up to 150 miles per gallon — on the road by 2015,” according to his website Barack Obama . The problem with this plan is that it comes in the middle of economic turmoil and financial collapse of the Big 3 automakers.
BANGALORE, India - If the challenges from India’s long-established automakers and parts suppliers weren’t enough to turn heads in the United States, some of the nation’s most progressive and brightest minds are hard at work refining a fully electric car, the REVA. Since its launch in 2001, REVA Electric Car Co. - a joint India-U.S. venture based in Bangalore in partnership with AEV LLC of …
Beginning Monday, state regulators will hold hearings that promise to be as combustible as the topic. That’s when the Public Service Commission will listen to arguments on whether expanding nuclear power is the best way to meet South Carolina’s energy needs. Specifically, the panel will consider a proposal from SCE&G and its partner Santee Cooper to build two new reactors costing $9.8 billion at …
Editor’s note: This is the first of two stories on one of the most influential women in South Carolina. The pragmatic Grande Dame of South Carolina receives her guests by the Steinway & Sons grand piano, nestled in a front parlor niche of her luxurious South of Broad home. She introduces her husband, Richard Rainwater, as “Dr. Doom.” He is holding a can of soda, chatting and a little …
