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Unless GM Share Prices Triple, Taxpayers Wont Break Even
2013-07-25 18:32:53| AutomotiveDigest.com - Automotive Industry News
GM shares have been rising, and have gained over 25% so far in 2013. All good news, but not good enough for the U.S. taxpayers who got 61% equity in GM in exchange for a $50 billion bailout due to the company's 2009 bankruptcy. "Theres no question that Treasury, the taxpayers, are going to lose money on the GM investment," Special Inspector General Christy Romero told the Associated Press. Read MoreThe Article Unless GM Share Prices Triple, Taxpayers Wont Break Even appeared first on Automotive Digest.
Tags: share
prices
break
triple
Gov't needs $95.51 per share to break even on GM
2013-07-24 08:22:24| Automakers - Topix.net
General Motors stock would have to sell for $95.51 per share for taxpayers to break even on bailing out the company, according to a government watchdog's report released Wednesday.
With Push From Tax Break, Wind Industry Moves Forward
2013-07-23 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: More than six months after Congress extended a vital tax break for U.S. wind energy developers, the industry is showing signs of strengthening as electric utilities and high-profile companies such as Wal-Mart, Google, Microsoft and Apple chart their growth strategies around the use of wind and other renewable energy resources. But in measures of direct U.S. jobs and manufacturing activity, the story has been more mixed, suggesting the fallout from last years slowdown in wind energy development...
Tags: industry
forward
break
tax
Grass fires break out in London as heatwave bakes Britain
2013-07-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Grass fires broke out in east London on Friday, requiring intervention by 120 firefighters as Britain sweltered in a heatwave that has prompted health warnings from the authorities. In scenes unusual for famously wet Britain, two swathes of yellowed grass, firs and gorse were on fire, sending smoke high enough to be visible from the Olympic Park several miles away. The London Fire Brigade said one of the areas affected at Wanstead Flats, just south of scenic Epping Forest, measured around nine...
Tags: london
break
britain
grass
Violent Storms to Break Heat Friday: Toronto, Montreal
2013-07-18 19:35:36| Chemicals - Topix.net
Plenty of heat and humidity combined with an approaching cold front will create a volatile mix Friday afternoon and evening from Chicago to Quebec City, ripe for severe thunderstorms.
Tags: friday
break
heat
toronto
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