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With 1.5 million readers a month, Heather Armstrong's website, Dooce.com, might very well be the most popular personal blog on the Internet. Dooce began in 2001 and rose to infamy after Armstrong became one of the first bloggers fired for writing about her employer on the Internet. But now...
Maurice (Hank) Greenberg has said that all he ever wanted in life was "an unfair advantage," an insurance man's credo that propelled American International Group into a global powerhouse. Greenberg grew up with the now infamous company, becoming a world business power who dined with heads of state and...
First Things First Before planning for the future, however, Detroit still has to get through the present. GM has been on life support since Dec. 19, when the outgoing Bush Administration threw it a short-term loan and told the company that it had until March 31 to come up...
Even worse, in the eyes of Obama's task force, is that GM was immodest in its assumptions. For instance, GM had forecast a market-share loss of 0.3% per year until 2014. The task force noted that GM has been losing market share at a rate of 0.7% per...
Lastly, the auto demand curve is a leading indicator out of a recession. Any GDP growth will correlate directly with auto sales - until growth reaches 4%. At that point, sales growth then turbocharges to about 7%, if the past is any measure. Analysts insist that when you combine the replacement...