Mitsubishi seeks 13 billion yen from ex officials over defects
Mitsubishi Motors demands up to 13 billion yen in damages from seven former executives over responsibility for hidden auto defects. The company says the former management failed recalls, bore managerial responsibility in the cover up, and mishandled disclosures after defects surfaced.
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Tokyo
Mitsubishi Motors Corp
Mitsubishi Motors
Osamu Masuko
GM and DaimlerChrysler push hydrogen fuel cells
GM and DaimlerChrysler sign five year agreements with the U S Department of Energy to develop hydrogen fuel cell vehicles. GM plans 40 vehicles with $44 million in DOE support. DaimlerChrysler to invest over $70 million.
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Washington
General Motors Corp
DaimlerChrysler AG
U.S. Department of Energy
New York
California
Michigan
Energy Department
DaimlerChrysler
Samuel Bodman
National Hydrogen Association
Bodman
ChevronTexaco
Hyundai Motor Co
Ford Motor Co
Ballard Power Systems
Shell
NASA
Shell Hydrogen LLC
Seaboard
U.S. Army
Fort Belvoir
Quantum Technologies
Lake Forest
Calif
Bush
America
New York Stock Exchange
U.S
NYSE
GM China chief resigns amid slowing sales shakeup
GM confirms top China executive Phil Murtaugh has left after nearly five years as chairman and managing director. Details on his replacement are pending. GM insists sales in China remain on track with expected double-digit growth despite a planned annual profit outlook cut and credit rating concerns.
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Shanghai
China
General Motors Corp
Phil Murtaugh
Murtaugh
Daphne Zheng
Zheng
Shanghai Automotive
SAIC
Wuling Automotive
Wells Fargo home equity financing and tax benefits
Wells Fargo home equity financing can be a smart tax solution for many reasons. First, a home equity account might help you save on your taxes because the interest is deductible under certain conditions. The article discusses how to qualify and the potential limits that apply to deductibility.
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Wells Fargo
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