GM sells shares to Ally Financial to boost its own books

Mar 25, 2011 Brian Bradley

General Motors has announced the sale of the rest of its preferred shares to Ally Financial for approximately $1 billion. The move not only strengthens Ally's standing in the auto financing market, but the sale is expected to result in


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Analysts question business value of Groupon

Mar 25, 2011 Karen Umpierre

Groupon has taken consumerism by storm in recent months, with its ability to decrease consumer expenses in a wide range of products. Recently, its surging popularity and whispers of an initial public offering later this year led the company


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Washington, D.C., considering new debt collection practices

Mar 25, 2011 Kyle Duncan

Washington, D.C., considering new debt collection practices

Lawmakers in Washington, D.C., are considering new measures that will help the city recover millions in owed money, WTTG-TV reports. On Tuesday, Ward 3 D.C. Council member Mary Cheh introduced a bill called the Delinquent Debt Recovery Act


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Use financial benchmarking to stay competitive

Mar 25, 2011 Karen Umpierre

Use financial benchmarking to stay competitive

Businesses that use financial benchmarking to compare their performance with that of competitors can better target opportunities in the market, set goals and lay out strategy, according to entrepreneur and business author Kate Lister.Valuable


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Consumers must protect themselves from dishonest debt collectors

Mar 24, 2011 Kyle Duncan

With more and more people unable to pay off their debts due to the tough economy, the debt collection industry has seen an increase in demand for its services. But with the increased demand has come an increase in the number of collectors and


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