Automaker General Motors Co. announced Friday that it will increase U.S. production capacity of Chevrolet Volt by 50% in 2012, citing strong public interest in the Chevrolet Volt, the new 340-mile extended range electric vehicle.
Archive for July, 2010
Home Federal Bancorp, Inc. (HOME) announced Friday that its subsidiary, Nampa, Idaho-based Home Federal Bank has acquired the banking operations of Eugene, Oregon-based LibertyBank in a Federal Deposit Insurance Corp. or FDIC, facilitated transaction. The FDIC estimates that the cost to the Deposit Insurance Fund or DIF, will be $115.3 million on this transaction.
As the world’s largest economy is expected to expand at a slower pace in the second-quarter of 2010, the advanced GDP report could spur further weakness in the U.S. dollar and lead the central bank to hold a loose policy stance throughout the second-half of the year as the outlook for future growth falters.
