GM plans management shakeup, to reassign Lutz: report

Written by Administrator
Friday, 04 December 2009 14:33
DETROIT (Reuters) - In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co Chairman and Chief Executive Officer Ed Whitacre is expected to announce a management shake-up on Friday that includes reassigning Vice Chairman Bob Lutz, the Wall Street Journal reported.

Stocks end higher as jobs data brightens outlook

Written by Administrator
Friday, 04 December 2009 22:49
NEW YORK (Reuters) - U.S. stocks advanced on Friday as data showed the economy shed far fewer jobs than expected last month, brightening the outlook for the economy and profits.

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