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The Wall Street Journal (Free subscription) | 11/16/2009
Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit Subscriber Content Preview NOVEMBER 16, 2009, 7:52 A.M. ETGM Reports $1.15 Billion Loss, Plans Repayments more in »BY SHARON TERLEP DETROIT -- General...
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The Wall Street Journal (Free subscription) | 11/05/2009
More IndustriesNOVEMBER 5, 2009, 1:40 P.M. ETGM Will Pick New Managers for Opel Unit BY SHARON TERLEP DETROIT—General Motors Co. Chief Executive Frederick "Fritz" Henderson said Thursday he will pick a new management team for the auto maker's Opel/Vuaxhall unit within "weeks or days." Mr. Henderson also told reporters he is confident GM can secure financing for its €3 billion ($4.5 billion)...
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The Wall Street Journal (Free subscription) | 11/04/2009
BY JOHN D. STOLL AND SHARON TERLEP In a dramatic change of course, General Motors Co. is backing out of a deal to sell the company's European operations to car-parts supplier Magna International Inc., and now plans to spend billions to restructure the money-losing business itself.The decision to keep control of Opel of Germany and its British sister company Vauxhall was made at a board...
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The Wall Street Journal (Free subscription) | 11/03/2009
BY JOHN D. STOLL, SHARON TERLEP AND CHRISTOPH RAUWALD In a dramatic change of course, General Motors Co. is backing out of a deal to sell the company's European operations to car-parts supplier Magna International Inc., and now plans to spend billions to restructure the money-losing business itself.The decision to keep control of Opel of Germany and its British sister company Vauxhall...
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The Wall Street Journal (Free subscription) | 10/30/2009
... OCTOBER 30, 2009 Detroit Casinos Fare Surprisingly Well in Tough Times more in »BY A.D. PRUITT AND SHARON TERLEP Detroit has lost jobs, residents and much of its auto industry. But its gambling business is doing surprisingly well.While the city's unemployment is 29%, gaming revenue at its three casinos has been off only 2% from a year ago so far this year. Atlantic City's gaming revenue...