- Layoffs in US become rarer even with unemployment high
A bigger factor is that cos have become more productive. After slashing jobs during recession, they discovered they could produce same, or ...
- GM sells Hummer to Chinese manufacturer Tengzhong
Financial terms were not disclosed, although a person briefed on the deal said sale price was around $150 mn. Electric & hybrid cars I Trab...
- GM to sell Hummer to Chinese company
General Motors Corp. took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese manu...