GM Cracking Down On Employee Health Care Abuses

The Wall Street Journal today reports that General Motors is beginning a comprehensive health care plan audit in an effort to trim waste and fraud among hourly employees. The company spends nearly $5 billion per year on health care, a number that experts say could be cut by as much as 5% simply by removing ineligible… » 8/13/08 10:30am 8/13/08 10:30am

Breaking! Mr. Wagoner Goes To Washington


Talk about going from one firing squad to the other. The day before GM CEO Rick Wagoner's set to meet with Renault-Nissan CEO Carlos Ghosn on Kirk Kerkorian's desired topic of "Why Carlos Should Be The New Rick," he's got to make the trek out to Washington DC to testify in front of the Senate's Select Committee on… » 7/11/06 10:21am 7/11/06 10:21am

GM Going Limp On Boner Pills?


It turns out the General is dropping $17 million a year on prescriptions for Viagra, Cialis and other get-er-done pills. While the little blue pills are only a tiny drop in GM's $10 billion plus health care bucket, it still may make one wonder certain things. Maybe about the rising costs of health care insurance?… » 4/16/06 5:07pm 4/16/06 5:07pm