General Motors is reportedly actually paying PSA Group to buy its Opel and Vauxhall brands. PSA Group agreed to pay about $2.33 billion for the European units.
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PSA Group will be the second largest carmaker in Europe if the deal pushes through. General Motors, meanwhile, will no longer have presence in the continent.
Did Apple have something to do with it?
Rolling Stone owner Wenner Media LLC is bracing itself for major changes. The media company has managed to get rid of its debt after selling one of its magazines.
Bill Ackman's blind faith on Valeant Pharmaceuticals International Inc. proved to be his undoing. His company suffered nearly $4 billion in losses because of it.
Starting a service business should not take huge amounts of capital. Carwashing and delivery services can be done with just a small amount of money.
Success is not easily achieved. Make sure that you learn lessons from every failure and success that you experience along the way.
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