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Archive for May, 2009
GM trundles toward bankruptcy, but questions remain (Reuters)
Reuters - General Motors Corp and the U.S. government finalized plans on Sunday for the battered company to reorganize, setting the stage for America’s largest-ever industrial bankruptcy and heralding a new and uncertain era for the No. 1 U.S. automaker.
GM closer to bankruptcy as bondholders smooth way (Reuters)
Reuters - General Motors Corp and the U.S. government finalized plans on Sunday for the battered automaker to reorganize, as a majority of debtholders helped clear the way to a massive bankruptcy filing expected on Monday.
As Web communication shrinks, so do links (AP)
AP - On the short-messaging service Twitter, space is at a premium: You’ve got 140 characters to make your point, and you probably don’t want to waste half of it on a super-sized link to your latest YouTube obsession.
No CommentsPakistan city centre ‘destroyed’
The scale of war damage to the main city in the Swat valley becomes clear, a day after it was captured by Pakistan troops.
No CommentsUS abortion doctor is shot dead
Controversial US abortion doctor George Tiller has been shot dead at a church in his home state of Kansas.
No CommentsLast Titanic survivor dies at 97
The last survivor of the 1912 sinking of the Titanic, Millvina Dean, has died at the age of 97 in a care home.
No CommentsGM bosses discuss bankruptcy plan
Top executives at General Motors meet to finalise a widely expected filing for bankruptcy protection, the BBC learns.
No CommentsDisputed South Ossetia holds poll
Elections are taking place in South Ossetia, the first polls since it declared independence from Georgia last year.
No CommentsNato Georgian exercise nears end
A month of Nato exercises in Georgia are coming to an end amid continuing Russian anger over the “provocative” drills.
No CommentsGM bondholder deadline passes as bankruptcy looms (Reuters)
Reuters - General Motors Corp finished a key piece of business on Saturday before a bankruptcy filing planned for Monday as the deadline expired for bondholders to accept an exchange offer brokered by the Obama administration.