(click for more) Description
Stats
|
Coverage
General Motors Co., the automaker 61 percent owned by the U.S., is seeking to raise $12 billion to $16 billion in an initial public offering, said a person familiar with the plan.
Bloomberg's Lindsey Arent reports on the outlook for Toyota Motor Corp. after U.S. Transportation Secretary Ray LaHood stepped up pressure on the automaker to fix defects that have caused the recall of millions of vehicles because they may suddenly accelerate, causing drivers to lose control....
Dow component Alcoa posted disappointing fourth-quarter results despite signs of an improving economy.
