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Keys to GM’s success after bankruptcy protection

07/11/2009 12:27 AM

General Motors Corp., coming out of bankruptcy protection faster than expected, pledged Friday to make nimble action its standard way of operating. Reaction to GM’s plans and promises was generally favorable, though analysts noted that GM had to make its big changes in the face of the worst auto sales slump in a quarter-century.

Mark Davis

California IOUs are laughable

Poor, poor, California. It gets no respect. The recent Rodney Dangerfield of states has become the butt of jokes for its decision to pay IOUs instead of cash.

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AP HEADLINES

Gas prices fall 16 cents

07/10/2009 07:37 PM

Save your penniesFilling up the family cruise-mobile this weekend will cost a few pennies less than a week ago. According to the latest AAA Fuel Gauge Report, the average price of a gallon of regular unleaded is $2.292 on the Missouri side of the metro area, down from $2.376 a week ago. read more

BUSINESS CALENDAR

Steve Rosen

Glitzy shopping district drives home economic reality for teens

The air was warm and the sidewalks were packed on a recent Saturday afternoon when a woman driving a black Mercedes pulled alongside a couple in a red Corvette. “Don’t cut me off ever again,” shouted the woman, who sneered at the other driver and seemed ready to run through an intersection of pedestrians that included my son and two teenage friends.

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Cityscape

Cityscape | Big Momma’s Bakery-Cafe moves to Crown Center

Big Momma’s Bakery-Cafe has relocated from Raytown to Crown Center Shops. Two of the three sister/owners — Jackie Buycks and Joyce Brown — made the move. They are still selling their giant cinnamon rolls and homemade dinner rolls, which customers lined up for during the bakery’s opening last week.

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Kevin Collison

In a market response, condos shift to rentals

Kevin McGowan arrived from St. Louis in 2005 with the ambitious goal of assembling a 2 million-square-foot portfolio of downtown residential properties by the end of the year. He started big — the H.D. Lee and J.I. Case buildings in the Crossroads Arts District — with the goal of renovating them into 223 luxury condominiums.

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Randolph Heaster

TWA staff will leave American

When the parent company of American Airlines bought Trans World Airlines in 2001, more than 4,000 TWA flight attendants joined the merged airline. After American goes through another round of layoffs in October, the remaining 210 ex-TWA flight attendants will be let go and thus end their presence at American.

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Dan Margolies

Legal ethics course helps out charities

As part of continuing legal education, a prerequisite for maintaining law licenses, local lawyers must take two hours of legal ethics courses annually.

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Diane Stafford

Not quite a victory for Rosie

This recession may do what Rosie the Riveter and Gloria Steinem never intended: We could end up with more women on payrolls than men.

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Keith Chrostowski

One way to pay for health care reform: Eliminate wasteful spending

The debate over health care insurance reform pounds away like a throbbing headache. The pain becomes most intense when you focus on the projected cost of a comprehensive plan from the Congressional Budget Office: $1.6 trillion over 10 years. But play along with me while I administer an analgesic.

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