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...Chairman Edward E. Whitacre announced he would serve as the interim chief executive in a press conference Tuesday, making him G.M.’s third chief executive in nine months...

Author: By Julia L Ryan, CONTRIBUTING WRITER | Title: GM Ousts HBS Alum | 12/3/2009 | See Source »

Although G.M. has not provided details on its search for a new chief executive, Bower said that the company would most likely look for an outsider who “would do things that were just too difficult for Henderson [as an insider...

Author: By Julia L Ryan, CONTRIBUTING WRITER | Title: GM Ousts HBS Alum | 12/3/2009 | See Source »

...Most people have no idea how they are going to pay their bills, no idea how they are going to feed their family!” said Edward B. Childs, a cook in Adams House and the Co-Chief Steward of Unite Here Local...

Author: By Jacob D. Roberts, CONTRIBUTING WRITER | Title: Workers, Students Rally Against Layoffs | 12/3/2009 | See Source »

...Meanwhile, as the President gathers lawmakers, chief executives and union heads on Thursday at the White House for a jobs summit, business groups are pushing for an array of tax cuts. The National Federation of Independent Business would like to see a payroll tax holiday. The U.S. Chamber of Commerce is asking for a reduction of the capital-gains tax, renewal of popular research and development and other soon-to-expire business tax breaks and a permanent elimination of the estate tax, among a long wish list of tax provisions. The AFL-CIO, the nation's largest umbrella union, would...

Author: /time Magazine | Title: Congress Looks Toward a Jobs Stimulus | 12/3/2009 | See Source »

...During the most recent bout of political warfare, however, former Prime Minister Thaksin Shinawatra and his followers accused the king's chief adviser, Privy Council Chairman Prem Tinsulanonda, of masterminding the military putsch that toppled him in September 2006. They have demanded that the powers of Prem, who has denied the charge. and other "palace elites" be reduced. Anti-Thaksin forces have in turn accused Thaksin of disloyalty to the monarchy. Thaksin has denied the accusations, and to show respect for the king on his birthday, called on his supporters to cancel massive anti-government street demonstrations they had planned...

Author: /time Magazine | Title: No Birthday Bash this Year for Thai King | 12/3/2009 | See Source »

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