GM to close most US factories for up to nine weeks
Two unnamed sources say General Motors will shutter most US plants for up to nine weeks this summer amid weak sales and high inventories. The plan includes a July two week model year change and comes as GM faces a June 1 restructuring deadline tied to government loans and potential bankruptcy. A separate NOAA report notes a research vessel struck a right whale off Massachusetts causing a non life threatening tail fluke laceration.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Boston
Federal Agency
Massachusetts
National Oceanic and Atmospheric Administration
Freddie Mac CFO Kellermann Dies in Suspected Suicide
Freddie Mac chief financial officer Kellermann, 41, was found dead in his basement in an apparent suicide. The death follows a series of blows to the lender after government seizure, with the firm posting heavy losses and ongoing oversight and leadership changes.
MENTIONED IN THIS ARTICLE
Washington, D.C
Freddie Mac
David Kellermann
Kellermann
Treasury Department
David Moffett
Richard Syron
Anthony S
Buddy” Pizsel
Fairfax County, Va
Vienna
Sri Lankan troops close in as rebels surrender
Sri Lankan forces tighten control of a coastal war zone as two leading guerrillas surrender and thousands of Tamil civilians flee by boat under a navy escort. The captures and mass exodus reflect mounting pressure from a months long government offensive to end the 25 year conflict.
MENTIONED IN THIS ARTICLE
Colombo
Sri Lanka
Also Mentioned on This Page
Dunagan’s Sewing & Vacuum Center
Cttiken Antique Mall
Sun
Laurens Street
Aiken
Tamil Tiger Controlled
Knapp Law Firm
H. Marie V. Young
Knapp
Lindafarron
Ainer, Bir
Giant Fabric Sale
Tassle Shop
Dougherty Road
Richland
Wat
Railsridges
TSM
Enema Emi Mehr
Agro Msu
Aiken-Augusta
Bet
Drs
Clay Bolton
Aiken Community Church
USC Aiken Business and Education
University Parkway
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