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York pushed for an alliance between GM, Nissan Motor Co. (nasdaq: NSANY - news - people ) and Renault S.A., but after exploring the possibility for three months, GM's board scrapped the idea.
FORBES: Ford Circles The Wagons
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As another baseball season is quickly coming to a close, there is a distinct possibility that three elder statesmen amongst the fraternity of managers could join Lou Piniella and hang up their spikes for the final time.
FORBES: A Fond Farewell To The Golden Age Of Managers
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Under Chinese law, the courts will have six months to come up with a restructuring plan that is then presented to creditors, with the possibility of an additional three-month extension.
CNN: Top solar panel maker goes bankrupt