Archive for the ‘Business Stories’ Category

Chrysler UAW Members Drinking and Smoking Weed at Lunch

Thanks to the attentiveness of a local Jefferson NC Fox News undercover film crew, a group of Chrysler workers have been exposed on a lunch break that includes consuming alcohol from the local liquor store and smoking marijuana.  It is unclear how the effects of these stimulants did not catch the attention of plant management. […]

The Ten American Industries Which Will Never Recover

As a result of research performed by 24/7 Wall St., there appears to be several sectors of the economy that have been so severely damaged by the economic collapse that they are in jeopardy of never recovering.  If other healthier sectors are unable to absorb these losses, then real recovery efforts for the US economy […]

New GM CEO Akerson To Receive $9M Pay Package

GM’s new CEO Dan Akerson’s compensation package for the next 3 years has just been filed with the SEC.  It outlines a total of $9 million dollars to be paid through a combination of salary and stock options. Mr. Akerson is replacing Ed Whitacre who has led General Motors through bankruptcy and the subsequent bailout […]