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Richard Branson's letter to Obama (from Corporate Dealmaker)

With possible approval around the corner for a deal where British Airways plc and AMR Corp.'s (NYSE:AMR) American Airlines can coordinate flights and schedules across the Atlantic, Virgin founder Richard Branson is stepping up his campaign against the competition. Not only has he plastered Virgin planes with the logo "No...

Posted on August 13, 2009 12:45 PM


Quallion uses gov stimulus in li-ion battle (from Corporate Dealmaker)

As automakers such as General Motors Corp. revamp business models to profit from "green" cars, suppliers of technology -- such as lithium-ion batteries -- to run them are rushing to churn out more product. And they're using some government funds to do it. As part of President Obama's larger...

Posted on July 9, 2009 10:51 AM


Pepsi investing another $1B in Russia (from Corporate Dealmaker)

PepsiCo Inc. (NYSE:PEP) chairman and CEO Indra Nooyi is in Russia this week with U.S. President Obama -- and other corporate execs -- to increase business ties between the nations. The relationship could be significantly increased if companies feel there is stability in Russia, which has a rep for...

Posted on July 6, 2009 11:37 AM


Ford skipped bailout, now gets $5.9B from DoE (from Corporate Dealmaker)

Ford Motor Co. (NYSE:F) had the foresight to secure credit when it was still available, keeping it off the dole while rivals Chrysler LLC and General Motors Corp. got government bailout money and went into bankruptcy. And staying out of bankruptcy has kept it eligible for a more dignified form...

Posted on June 23, 2009 4:40 PM


GM in bankruptcy: What to watch (from Corporate Dealmaker)

The widely expected news of General Motors Corp. filing for Chapter 11 bankruptcy has news outlets -- and Americans for that matter -- in a frenzy. GM will get $30.1 billion in financing as it cuts jobs and debt, and looks to a greener future.The Deal has reporters in bankruptcy...

Posted on June 1, 2009 9:17 AM


CAT posts loss, calls infrastructure stimulus too small (from Corporate Dealmaker)

Three months ago, Peoria, Ill.-based Caterpillar Inc. (NYSE:CAT) announced 20,000 job cuts among other restructuring measures. Just six months before that it was riding profits from sales of equipment as commodity prices soared and mining companies, among others, were demanding more products. Now, the world's No. 1 construction equipment maker...

Posted on April 21, 2009 1:16 PM


GE invests $200M in J.P. Morgan clean tech affiliate (from Corporate Dealmaker)

GE Energy Financial Services is investing $200 million for Noble Environmental Power LLC to create three windparks in northern New York. While many are struggling with credit, Noble, majority-owned by funds affiliated with J.P. Morgan Partners LLC, is receiving long-term debt, including letters of credit, totaling about $440 million.Noble says...

Posted on April 6, 2009 3:10 PM


Bankruptcy may be White House's preferred path for GM (from Corporate Dealmaker)

Citing members of Congress who were briefed on the dire situation at General Motors Corp. (NYSE:GM) and Chrysler LLC, Bloomberg News is reporting that President Obama believes a quick, negotiated bankruptcy is the most likely way for GM to restructure and become a competitive automaker. Such a move may satisfy...

Posted on April 1, 2009 8:23 AM


GM considers Chapter 11, Obama picks panel over car czar (from Corporate Dealmaker)

General Motors Corp. CEO Rick Wagoner, once resolutely opposed to a GM bankruptcy, is now considering that very option, according to a Wall Street Journal report. On Tuesday in Washington, GM and Chrysler will present the Treasury with an update on their progress thus far and restructuring options as they...

Posted on February 16, 2009 1:35 PM


The inauguration as econ tutorial (from Corporate Dealmaker)

Among the points that stood out for one listener in President Obama's inaugural address:How blunt he was about this being a time of economic crisis.How wonkily detailed he was about what the stimulus is meant to go for.How professorial he was about the respective roles of the government and the...

Posted on January 20, 2009 2:24 PM


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