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Articles in the Financial News Category

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[21 Dec 2009 | No Comment | 201 views]
General Motors Selects Finance Chief to Replace CFO Ray Young

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…

Business Credit, Business Loans, Equipment Leasing, Featured, Financial News, Headline, Small Business Financing, Small Business Leasing, Small Business Lending, Small Business Resources »

[15 Dec 2009 | No Comment | 367 views]
Obama Urges Financial Institutions to take ‘Extraordinary’ Steps in Assisting Economic Recovery-

President Obama recently held a meeting with some of the nation’s largest commercial banking groups, stressing the importance of taking “extraordinary” steps to restore the U.S. economy after obtaining taxpayer bailout dollars. Financial service institutions were monetarily assisted by taxpayers to avoid bankruptcy, which was “largely of their own making,” he said; rendering them indebted to homeowners and small businesses alike.

Business News, Featured, Financial News »

[27 May 2009 | No Comment | 392 views]
World Business Leaders Call for New Climate Treaty

A group of world business leaders issued a clear call for change this Tuesday, issuing “The Copenhagen Call,” a demand for a global climate treaty. This came after Al Gore, on Sunday, called on attendees to pressure governments around the world to cut greenhouse gas emissions.”The clock is ticking…” Gore Said. “We have to do it this year. Not next year. This year… because Mother Nature does not do bailouts.”"The Copenhagen Call” encourages businesses around the world to adopt a treaty which will help reach GHG reduction targets in 2020 and 2050, and cut global emissions by at least 50% by 2050…