Word: cashes
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...sales in the U.S. are improving, aided by cash-for-clunkers, as well as positive consumer response to the Camaro, Buick LaCrosse and Cadillac SRX. In addition, new compact crossover vehicles, the GMC Terrain and Chevrolet Equinox, have sold so well that GM is adding a third production shift at an assembly plant in Ingersoll, Ont. Since mid-September, when it began offering to take back vehicles from dissatisfied customers, only a tiny fraction of the cars GM has sold have come back to dealers, Docherty notes. "We've sold 300,000, and we've had 163 physical returns...
...date contemplated by the Treasury Department when it helped GM reorganize during the bankruptcy is the first step toward an initial public offering of stock in the new GM. While GM received more than $50 billion in federal aid, only about $6.2 billion will be repaid in cash; the U.S. Treasury agreed to take stock in lieu of cash for much of the remainder, which gave the government a 60.8% stake in the new GM. Earlier this week, Treasury Secretary Geithner told a congressional committee that he did not expect to be fully repaid on TARP loans made to three...
...being land-rich and cash-poor does not have to cause a Harvard paralysis. Harvard’s land in Allston and Brighton is full of potential because of its proximity to the beautiful Charles River, the North Allston/North Brighton residential neighborhood, downtown Boston, Harvard, and more...
Francesca Cardullo, a co-owner of Cardullo’s Gourmet Shoppe, said that her store has made improvements for this holiday season, including accepting Crimson Cash and re-carpeting their store...
...broad strokes, Obama set out a framework for using more federal money to create jobs. In addition to the infrastructure piece, which aides said could cost as much as $50 billion, Obama proposed new incentives for consumers who retrofit their homes (a program some have already dubbed Cash for Caulkers), an elimination of the capital-gains tax for small businesses and extensions of several other programs from the last stimulus to help small businesses. He also said he would instruct the Treasury Department to use funds that have already been appropriated to increase the flow of credit to small businesses...