Charting Stocks

General Motors has announced the acquisition of Delphi’s steering operations. Terms of the deal  were not yet disclosed, though GM agreed to increase its credit commitments to Delphi to $450 million from $300 million, effective March 24.
GM gained media attention recently for essentially black mailing the US government for an extra $17 billion on top [...]

Bank of America has announced its plans to cut 30,000 to 35,000 jobs over the next 3 years. The reductions reflect it’s upcoming acquisition of Merrill Lynch  and the “weak” economy.
Should Bank of America be allowed to layoff 35,000 workers?
I know the question would anger some free market economists but let’s remember that [...]