According to a statement released Tuesday, General Motors Co. will be charging a whopping $41,000 for its brand new Chevy Volt EV when it goes on sale in November. The price will be roughly $8,000 more than its adversary, the Nissan Leaf, although GM says it will offer a $350/month lease deal that is relatively identical. GM said it is confident that the payment plan will help put the Volt within reach of many people. To boot, both EVs…

Jeff Wilcox, a businessman in California’s Bay Area, recently persuaded Oakland to legalize industrial-sized cannabis farms by promoting a study which promises millions in city taxes and hundreds of high-paying union jobs. According to Wilcox, his nonprofit business model will be less like Google or Apple and more like Trader Joe’s — a low cost California gourmet grocery chain…

While certain financial institutions are emerging on the up and up compared to this time last year and beginning to repay government issued TARP funds, there are still exceptionally diminutive means to starting up a green business. Opportunely, there are many resources for struggling business pioneers that can help gain strong financial foothold in the industry. As most well know, competition to receive American Recovery and Reinvestment Act (ARRA) funded projects is rigid at best, giving way to the optimal resource in green initiatives…

General Motors has recently selected Chris Liddell – Microsoft Corp’s chief finance officer – as vice chairman and CFO to replace Ray Young. Liddell, age 51, has been CFO at Microsoft Corporation since May 2005 but is leaving his position there as of December 31st. Despite his demotion, Ray Young is staying with the company as vice president of international operations; leading the unit’s finance projects, with additional responsibilities to be “clarified in the near term,” GM said…

According to the Fitch Ratings 2010 outlook report, U.S. structured finance sectors indicate a significant instability even with recent signs of economic recovery. The Fitch credit rating report also specifies that U.S. consumer heath and unemployment will play an important part in consumer ABS (asset backed securities) performance in 2010. Fitch expects unemployment rates reaching 10.5 percent by mid 2010, credit card charge-off rates at 12 percent, and annualized auto net losses between 2 and 25 percent…