GM Invests in Lightweight-Steel Maker
To improve the fuel economy of its future cars and trucks, the automaker is investing in a company that has designed a new type of lightweight, high-strength steel.
Illinois to Spend More on Pensions Than on Education
The state of Illinois faces at least $83 billion in unfunded liability between its five pension systems, and is on track to spend more on its government pensions than on education by 2016, a new study released by Governor Pat Quinn’s office says.
TNT Express Convinced UPS Deal Will Go Ahead
United Parcel Service Inc.'s (UPS) planned acquisition of TNT Express NV (TNTEY, TNTE.AE) is on track to win approval from European regulators in the fourth quarter, executives of both companies contend.