Geely to Buy Volvo for $1.8bn
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.
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Wal-Mart is back in the top spot of the Fortune 500 list. Leigh Gallagher, Fortune senior editor, discusses this and other notable changes.
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Kansas City Fed President Thomas Hoenig testifies to a House Field Committee on the economy and the issue of too big to fail.