GM is defaulting on its loan payment. The WSJ has more.
Other recent stories
Somali Pirates Have a Good Business Model
Spiegel interviewed former FBI agent Jack Cloonan, now a negotiator with Somali pirates. Here’s an excerpt from the fascinating piece: SPIEGEL: From your experience with the Somali pirates, are they intelligent people? Or are they simply… Read more
How to Set Up a Green Home Office for $1,000 or Less
The beauty of going green is that it’s usually cheap. Buying used stuff, recycling, and driving less also happen to save you a lot of money. Solar panels do not, but then again, you don’t need those for your home office. Below are three… Read more
Chrysler’s Peapod Car Now for Sale
The prototype. See Wired article for most recent images. Fast on the heels of GM’s P.U.M.A., Chrysler subsidiary GEM has released the Peapod, a $12,500 electric vehicle marketed at city commuters. Wired has more: The long-awaited,… Read more
Freddie Mac CFO David Kellerman Found Dead
David Kellerman, Freddie Mac’s acting CFO, was found dead in his Washington house early this morning. Bloomberg reports: There were no signs of foul play, and the death is under investigation, Fairfax County, Virginia, Police Officer Shelley… Read more
Are You Too Busy to Shop?
Are you too busy to shop? If you’re a woman, the answer is yes. That’s the premise of a new book by marketing expert Kelley Murray Skoloda. “Too Busy to Shop: Marketing to Multi-Minding Women” is based on research, interviews, and… Read more
Cheap Living Websites the New Way to Make Money Online
Looking to make money online? Try creating a cheap living website. EBay and Craigslist are the forefathers of the genre, which attracts budget-conscious Web surfers looking for good deals. Now that the recession has made budgeting a… Read more
NUTRO Dog Food Issue Dates Mars’ PR Approach
The FDA was rumored to be investigating Mars’ NUTRO pet food after collecting a number of consumer complaints and lab results. Consumer Affairs has more: ConsumerAffairs.com…uncovered a worrisome trend among dogs and cats across the… Read more
50-cent Iced Coffee at Dunkin’ Donuts
Dunkin’ Donuts is offering 50-cent iced coffees today, in support of Home for Our Troops. More here…. Read more
5 Ways to Honor Your Administrative Assistant on Secretary’s Day
Wednesday is National Administrative Professional’s Day, formerly known as Secretary’s Day. The holiday was established in 1952 to honor people working in secretarial or administrative careers. Today, the name has changed, but the spirit of… Read more
The Financial Crisis is Making Self-Promotion Easier
Yesterday’s Turner Radio Network bank stress test “leak” doesn’t prove much. It doesn’t prove that Hal Turner has inroads to exclusive information. It doesn’t give the public a good reason to follow Turner Radio. It doesn’t give Turner, a white… Read more
Calculate Break Even Point to Predict Business Future
The right business idea will thrive in any economy. But no idea is good enough if the numbers don’t make sense. One of the best first things you can do with your business plan is calculate the break even point. It’s one of the most important… Read more
Business Notes
Why Netflix increased its prices.
NPR takes a look at the money, promotion and risks behind Charlie Sheen's antics.
Bing wants to share daily deals, too--and just launched an aggregator to do it.
Forbes offers a solution to the Wisconsin standoff.
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