Kirk Kerkorian says he's selling 14 million GM shares at $33 (U.S.) each
Move follows a key Kerkorian adviser's resignation last month from the GM board, citing a board environment unreceptive to extensive probing and “grave reservations” about GM's abilities against Asian competitors.
Bombardier signs contract with French railway
Bombardier Transportation has signed a previously announced $3.5-billion (U.S.) contract with French National Railways for the supply of 372 trains
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