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GMAC Files For Bank Holding Status (ClickOnDetroit)
GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the government's $700 billion bank rescue plan.
Read more...Interbank FX Repeats as Best Foreign Exchange Broker at 2008 Shares Awards in London (Business Wire via Yahoo! Finance)
SALT LAKE CITY----For the second consecutive year, Interbank FX , a worldwide provider of online off-exchange retail foreign currency trading, has been crowned Best Foreign Exchange Broker at the 2008 Shares Awards.
Read more...Guilty or Not, the Guy Can Blog (Fast Company Magazine)
Sports blogs are among the most widely read, but most of them aren't worth reading. Here, Fast Company takes a look at the six best sports blogs written by those who actually live the sports life -- athletes, owners, managers, and front-office executives.
Read more...Wal-Mart Holds the Key to Holiday Success for Dell (Update1) (Bloomberg)
Nov. 20 (Bloomberg) -- Move over Best Buy. Wal-Mart will determine the fortunes of Dell Inc. and Hewlett-Packard Co. this holiday season. The number of consumers planning to shop for electronics at Wal-Mart Stores Inc. rose 50 percent from a year ago, according to a survey this month by ChangeWave , a market researcher in Rockville, Maryland.
Read more...Yahoo's shares shoot up as CEO steps down (The Globe and Mail)
Shares of Yahoo Inc. rose sharply in early trading Tuesday as investors saw CEO Jerry Yang's decision to step down as a possible indicator that the company is leaning toward reopening takeover negotiations with Microsoft Corp.
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