Motor World: Henderson's GM departure is no surprise
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Fortune
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Tue 6:14 pm ET As one veteran Detroit observer put it, General Motors' board of directors gave Rick Wagoner an endless amount of time to flop around, but they nearly strangled his successor Fritz Henderson on a short leash.
GMs new CEO Whitacre: Uncompromising
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at Fortune
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Tue 6:11 pm ET “When Ed Whitacre decides, it’s not negotiable. If he decides against you, you’re done.” –Coca-Cola exec Wendy Clark, about General Motors’ new CEO, whom she worked for when he headed AT&T .
Where's the next Dubai?
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Fortune
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Tue 3:12 pm ET Dubai's not the only onetime highflier that risks drowning in debt.
Drexel CEO Fred Joseph, R.I.P.
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at Fortune
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Tue 12:59 pm ET “Investment banking is funny. You do one transaction, then you do another of the same type and then a third. Maybe then you’ve got a business. Do ten, and it is a business.” - Fred Joseph, former CEO of Drexel Burnham Lambert, who died of multiple myeloma, at 72 on Friday.
What on earth is happening with "Russia's GPS"?
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at Fortune
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Tue 11:39 am ET Much ballyhooed satellite communications system suffers technical setbacks and paucity of devices. Who will guide Father Frost? By Julia Ioffe, contributor Late last month Moscow celebrated the birthday of Father Frost, the Russian iteration of Santa Claus, with a new-fangled announcement: Father Frost's retinue would move through the holiday skies aided by Glonass, the Russian answer to [...]
Charlie Wolf: How the Mac roared back
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at Fortune
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Tue 11:39 am ET Needham & Co.'s senior analyst explains how Apple outgrew the PC market seven fold Needham's Charlie Wolf was as surprised as anyone when Apple reported that it had sold a record 3.05 million Macintosh computers in its fiscal fourth quarter — a 16.4% increase compared with just 2.3% growth in the PC market.
The deal: Junk mortgage story just gets worse
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at Fortune
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Tue 9:35 am ET In 2007 we dissected one toxic issue. The horror story continues, but can we still learn from our mistakes?
How Best Buy plans to beat Wal-Mart
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at Fortune
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Tue 9:08 am ET Best Buy's chief thinks the electronics store of the future will focus on service and connectivity, not just gadgets.
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