By IBTimes
Sam Zell, the Chicago real-estate mogul, has become so well-known for feasting on distressed assets that he's been called the "grave dancer." This week, Zell took the nickname to the next level: He's about to receive $70 million from a ghost. (May 25)
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LEHMAN BROTHERS, INVESTMENT, BANK OF AMERICA, BARCLAYS, NYSE, NEW YORK, MANAGEMENT, ATTORNEY FEES
By IBTimes
Margaret Whitman, the new CEO of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, decided to swing her ax Wednesday as the company reported dreadful second-quarter results. (May 23)
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CARLY FIORINA, IBM, NYSE, HP, RETAIL, CISCO SYSTEMS
By IBTimes
U.S. auto sales will likely reach a 14.2 million seasonally adjusted annual sales rate in May 2012, the greatest year-over-year gain in more than 12 months, as consumers take advantage of credit and low interest rates to replace aging cars. (May 23)
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GENERAL MOTORS, FORD MOTOR COMPANY, NYSE, S&P, TOYOTA, GDP
By IBTimes
Chrysler Group LLC is recalling 67,872 model year 2010 Jeep Wrangler cars equipped with automatic transmissions because of fire hazards associated with the transmission skid plate, the National Highway Traffic Safety Administration reported Monday. (May 21)
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S&P
By IBTimes
General Motors Company (NYSE: GM) rocked the automotive and advertising worlds with its announcement Tuesday that it will stop buying advertisements on Facebook Inc. (Nasdaq: FB), a value of roughly $10 million a year, on the eve of social networking site's monster IPO. (May 16)
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GENERAL MOTORS, FORD MOTOR COMPANY, NYSE, S&P, TOYOTA, TWITTER, FIAT SPA
By IBTimes
The world of auto racing lost a pioneer on Friday with the passing of Carroll Shelby. (May 11)
By IBTimes
It seems that everyone cannot stop talking about Mark Zuckerberg's roadshow to the Facebook IPO, where he angered Wall Street bankers by donning his standard uniform, a hoodie and jeans. But Zuckerberg isn’t the only CEO of a company who chooses to dress down than don a suit. (May 10)
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MARK ZUCKERBERG, STEVE JOBS, FACEBOOK, JAPAN, THE NEW YORK TIMES, NEW YORK