In Opel Talks, a High-Stakes Game of Poker - NYTimes.com

Negotiators from General Motors, Magna International and the German government reached a tentative agreement on Friday that would have Magna take a major stake in G.M.’s European operations,

Magna puts together the BMW X3, a sport utility vehicle, and in 2012 it will begin assembling the Porsche Cayman, and its convertible sibling, the Boxster.

With the 1.7 million vehicles a year produced by G.M.’s European operations, Magna might be a player

Click on the following for the rest of the story:  In Opel Talks, a High-Stakes Game of Poker - NYTimes.com

Consider defense for life after Chrysler - Rockford, IL - Rockford Register Star

Mr. Wise’s blog posting gets on RR Star .

Today, a new industrial development plan is needed that will bring jobs to Belvidere before time runs out on Chrysler and this once mighty industrial giant closes its doors.

Consider defense for life after Chrysler - Rockford, IL - Rockford Register Star

Boone chief wants to pick next board rep - Rockford, IL - Rockford Register Star

 

“The chairman can only appoint with the advice and consent of the board and sometimes the chairman seems to want the consent part, but not the advice part,”

Boone chief wants to pick next board rep - Rockford, IL - Rockford Register Star

Iacocca losing pension, car in Chrysler bankruptcy | Reuters

 

Chrysler CEO Robert Nardelli told a U.S. bankruptcy court on Thursday that Iacocca's pension would be among the obligations Chrysler will no longer have to pay if it gets bankruptcy court approval to sell itself to a "New Chrysler"

Click on the following for the rest of the story:  Iacocca losing pension, car in Chrysler bankruptcy | Reuters

Boone County Journal: “ Salary Questions Fester in County Courthouse”

The following is a photocopy taken from  the Boone County Journal’s May 29, 2009 edition, page 3 and 7.  This is also available at:  http://boonecountyjournal.com/news/2009/Boone-County-News-05-29-09

Click on  the photocopy to enlarge:

Journal Editorial: Disband the County Ethics Committee

The following is a photocopy taken from  the Boone County Journal’s May 29, 2009 edition, page 3.  This is also available at:  http://boonecountyjournal.com/news/2009/Boone-County-News-05-29-09

 

Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? - Yahoo! News

 

Saudi Oil Minister Ali al-Naimi - OPEC's key power player - said Wednesday that oil prices ought to rise to between $75 and $80 a barrel by the end of the year.

about 2.6 billion barrels are currently stored in commercial tankers around the world. "There is some risk we will run out of storage space in the next four to six weeks,""If we run out of storage it could prompt a collapse in the price," says Wardell. Oil producers might then choose to dramatically cut output in order to run down the surplus.

Over the past two months, investors have plowed billions of dollars into oil futures.

Click on the following for the rest of the story:  Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? - Yahoo! News

Delphi in Talks to Emerge From Bankruptcy - NYTimes.com

 

Delphi won permission on Thursday from a bankruptcy court judge to delay a crucial hearing on its restructuring plan until Tuesday, one day after G.M. is expected to file for bankruptcy

As part of Delphi’s reorganization, G.M. has agreed to take back five Delphi plants, although the terms of that transaction have not been settled.

Click on the following for the rest of the story:  Delphi in Talks to Emerge From Bankruptcy - NYTimes.com