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UAW News  Mon, 14 Apr 2008 11:38:10 EST
Freep.com - RSS - Autos   EST
  • Document: Kerkorian first told Ford executives of interest in early April  Top Ford Motor Co. executives were told in early April that billionaire Kirk Kerkorian was interested in investing in the company, according to a document filed this morning with the federal government.
  • GM offers $200 million to settle American Axle strike  General Motors Corp. issued a limited-time offer Thursday of $200 million to American Axle & Manufacturing Inc. and the UAW to settle an 11-week strike at the supplier. The money is intended to help American Axle pay for buydowns, early-retirement offers and buyouts that are expected to be part of an eventual settlement between the UAW and the Detroit supplier.
  • Read Ford's statement  The following is a statement from Ford Motor Co. on the document filed today that reveals billionaire Kirk Kerkorian first made his intentions known to the company in April.
  • Mulally's work at Ford praised  Ford Motor Co. shareholders gave Ford CEO Alan Mulally resounding approval during the company's annual meeting in Wilmington, Del., Thursday, applauding his performance several times and voicing their praise of the former Boeing Co. executive, who came to Ford in late 2006 when Executive Chairman Bill Ford hired Mulally as his replacement.
  • TOM WALSH: Kerkorian's interest in Ford is glossed over  WILMINGTON, Del. -- Kirk Kerkorian was the elephant in the room, the subject almost nobody wanted to discuss Thursday in the DuPont Theatre at Ford Motor Co.'s annual shareholders meeting.
  • Profit sends ECD stock up  Energy Conversion Devices Inc., the Rochester Hills firm that has long struggled to make money in alternative energy, reported its first quarterly profit since 2004 on Thursday, sending its stock soaring 43%.
NYT > NYTimes.com Home  Fri, 09 May 2008 16:38:36 GMT
NYT > Business  Fri, 09 May 2008 16:45:29 GMT
 
 

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