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NEWSWEEK INTERNATIONAL EDITIONS: Highlights And Exclusives, April 3, 2006 Issue (RedNova)
COVER: Why Silvio Isn’t Smiling (Atlantic edition). Italian Prime Minister Silvio Berlusconi’s political machine is in meltdown. As the April 9 elections near, the billionaire turned politician prepares to face off against former European Commission President, and favorite to win, Romano Prodi.
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Ro’mania’ in Wapak (Wapakoneta Daily News)
They came to express their gratitude for gifts already received, they came for a chance to experience democracy in the United States, and they came to make a plea for more assistance.
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Malaysia opens up its car industry to foreign competitors (Radio Singapore International)
In a move to invite more foreign car makers to the country, the Malaysia government implemented several measures aimed at exposing the domestic automotive industry to greater competition.
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GM sells 78% stake in realty loan firm (Baltimore Sun)
KKR-led consortium to pay $8.8 billion The streamlining of General Motors Corp. continued yesterday with the sale of a majority stake in the commercial mortgage unit of the automaker’s prized finance business.
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Events Search (East Bay Express)
Anneli Rufus Breathing rarefied mountain air and working those quads sometimes just isn’t enough and you long for a lasting souvenir of your trek amid the clouds and granite.
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The New, Go-Go Camaro (BusinessWeek)
GM’s fifth-generation concept car drew raves at the Detroit auto show. Its designers say the challenge was striking a balance between classic and modern
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Intermap Reports 2005 Fourth Quarter and Year End Results (CCNMatthews via Yahoo! Finance)
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GM Finds Errors in Previous Earnings Reports (Youngstown Daily Business Journal)
Mar 20, 2006 11:57 a.m.
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GM Provides Updated Preliminary 2005 Results, Delays Filing 10-K (The Auto Channel)
DETROIT March 16, 2006; General Motors Corp. today provided updated preliminary financial results for 2005 and said it will delay filing its annual report on Form 10-K with the Securities and Exchange Commission due to an accounting issue regarding the classification of cash flows at ResCap, the residential mortgage subsidiary of GMAC.
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GM reported weighing bid for financing arm from KKR, Scotiabank, others (Canadian Press via Yahoo! News)
DETROIT (CP) – General Motors Corp. (NYSE:GM) is considering a bid of up to $13 billion US for control of its financing arm from a group led by a giant private-equity firm and some banks – including the Bank of Nova Scotia – the Wall Street Journal says.
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