GM, Philips nearly bought Pixar, almost stopped ‘Toy Story from being made

Over the years, Pixar has produced some of the greatest animated motion pictures ever made: "A Bug’s Life," "Toy Story," "Finding Nemo," "Monsters, Inc.," "Ratatouille" and much more. What if these films were never made and they never entered the imaginations of children … [Read more...]

US Treasury is Expected to Lose Billions on General Motors Stock Buyback

The US Treasury is expected to lose billions of dollars when it sells its remaining stake in General motors over the next 12 to 15 months. General Motors plans to pay $27.50 per share—an 8 percent premium over the Dec. 18 closing price—but well below the $33 price set in November … [Read more...]