Business News by Speeple

General Motors hires Microsoft CFO

Tue, 22 Dec 2009 10:06:08 -0600

General Motors Co. has hired the chief financial officer of Microsoft Corp. to take over the troubled automaker's books, tapping a cost-cutter who is now widely seen as a potential candidate to be GM's next CEO.

South Africa: Hard Lessons for Small Business on the West Coast

Tue, 22 Dec 2009 10:06:08 -0600

The sound of sewing machines fills the room with a low, continuous hum. A handful of women sit behind the machines, their heads bent in concentration on their work.

Bad weather keeps shoppers away

Tue, 22 Dec 2009 10:06:08 -0600

Retailers suffered a disappointing final weekend before Christmas due to bad weather, shopper numbers suggest.

UN urges sustainable approach to ESCWA�s rural development

Tue, 22 Dec 2009 10:06:08 -0600

Saab hopeful after Spyker removes bid deadline

Tue, 22 Dec 2009 10:06:08 -0600

STOCKHOLM : Saab said Monday it was hopeful about its future after Dutch company Spyker removed the deadline for US automaker General Motors to respond to its new bid for the loss-making Swedish brand.

OPEC plans no output changes at Angola meeting, Saudi Minister says

Tue, 22 Dec 2009 10:06:08 -0600

OPEC will make "no changes" in production quotas when it meets today in Angola, Saudi Oil Minister Ali al-Naimi said.

The Corporate Curmudgeon : Innovation occurs only if demanded

Tue, 22 Dec 2009 10:06:08 -0600

"I never touched a gun in my life. That and that alone forever doomed to me to middle management." — Steve Martin in "My Blue Heaven"

High stakes

Tue, 22 Dec 2009 10:06:08 -0600

Are UK government debt levels really that high

Trader to be paid $2.5bn for the year

Tue, 22 Dec 2009 10:06:08 -0600

An American hedge fund manager is set to collect a $2.5bn (£1.55bn) pay package for the year after staking huge bets that global banks would recover in 2009.

Pay czar agrees to boost AIG exec's package

Tue, 22 Dec 2009 10:06:08 -0600

A top executive of American International Group Inc. has been granted a $4.3 million pay-package bump by the troubled insurance giant's majority owner — the U.S. government — because the executive has decided to remain …