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Chrysler Wins Plea to Shutter 789 Dealerships

Fiat gained ownership of most of Chrysler L.L.C.'s assets Wednesday, a day after a bankruptcy judge approved Chrysler's plan to terminate 789 of its franchises and the U.S. Supreme Court declined to rule on objections to the sale by a group of Indiana state pension funds, who argued that the bankruptcy favored unsecured creditors over secured lenders.

An Open Letter to My Daughters

Both of you are fortunate that you need not look beyond our family for role models; I can think of no better examples of women of power than your grandmother, mother, and aunt. I am so proud you’ve chosen to begin your professional lives as teachers, following in Gramma’s footsteps. However, Mom displayed so many other qualities worthy of emulation: selfless dedication to family and business; unwavering support to Poppa as a true partner in working to realize their shared dreams; and a relentless drive to uplift the less fortunate.

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