Small car rush may create U.S. oversupply
A new lineup of small cars slated for showrooms next year may create an oversupply of compact vehicles in the U.S. market at a time when gas prices remain stable, an industry forecasting firm said on Tuesday. Read Full Article here.
U.S. industry sharpens attack on financial reforms
U.S. industry is freshening its attack on financial reform, pledging more cash to defeat a new consumer agency and raising concerns over a provision that could force secured creditors to shoulder losses. Read Full Article here.
GM board moving fast on CEO, CFO hires
The board of General Motors Co will get an update on the search for a new chief executive by next month as a recruiting firm compiles a short list of candidates, a person familiar with the process said. Read Full Article here.
U.S. job openings, hirings slip in October: govt
U.S. job openings and hirings fell in October, government data showed on Tuesday, highlighting the continued distress in the labor market. Read Full Article here.
U.S. CEOs' economic view brightens; wary of hiring
U.S. chief executives' outlook on the economy improved in the fourth quarter, although most still are not ready to step up hiring or increase capital spending, according to a Business Roundtable survey released on Tuesday. Read Full Article here.
PepsiCo lowers top end of 2009 revenue, profit view
PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North American soft drink sales. Read Full Article here.
Yahoo open to sell HotJobs for right price
Yahoo Inc CEO Carol Bartz put a 'for sale' sign on HotJobs on Tuesday, saying Yahoo was open to selling the non-core unit for the right price even though an improving economy could help its prospects. Read Full Article here.