Monday, May 6, 2013

US to Sell Remaining GM Stocks

The US Treasury Department has announced that it will begin selling off it's remaining General Motors shares.

In 2009, the US government bailed out GM and took over ownership.

Since then, they've sold off most of the company's shares, but are still left with an eighteen percent stake.

With GM, eighteen percent is more than two hundred and forty million shares.

Due to the large amount of shares, the government simply can't offer them up all at once, but they will do so as quickly as is deemed safe.

GM is hopeful that, once the shares are sold, they will be able to get away from the image of being government owned and work back towards having an untarnished image.

25 Pakistanis Killed in Suicide Bombing

The Taliban continued their attacks on political rallies, on Monday.

Twenty-five people were killed and sixty-five injured when a suicide bomber struck in the Kurram region of Pakistan.

Previously, attacks on rallies had all been against secular groups, but Monday's attack hit a Jamiat Ulema-e-Islam rally.

Pakistan's election, which is to be held on May 11, is the first ever transition between civilian governments and the Taliban has declared it to be un-Islamic.

3 Car Bombs Kill 11 in Baghdad

Three separate car bombs targeted police in Baghdad, on Monday.

Two of them struck at police checkpoints, while the third hit a restaurant frequented by officers.

While the targets may have been the police, most of those killed were civilians.

Between the three bombs, ten civilians and one police officer were killed and thirty-three people were injured.

No one has claimed responsibility for the attacks, but Al Qaeda is considered the likely suspect.

US Air Force: Technical Sergeant Herman Mackey III

Technical Sergeant Herman Mackey III, thirty of Bakersfield, California, died on May 3.

He and two others were killed when their KC-135 crashed near Chaldovar, Kyrgyzstan.

Mackey was assigned to the 93rd Air Refueling Squadron out of Fairchild Air Force Base, Washington.

US Air Force: Captain Victoria A. Pinckney

Captain Victoria A. Pinckney, twenty-seven of Palmdale, California, died on May 3.

She and two others were killed when their KC-135 crashed near Chaldovar, Kyrgyzstan.

Pinckney was assigned to the 93rd Air Refueling Squadron out of Fairchild Air Force Base, Washington.

The Captain was a graduate of the US Air Force Academy.

US Air Force: Captain Mark T. Voss

Captain Mark T. Voss, twenty-seven of Boerne, Texas, died on May 3.

He and two others were killed when their KC-135 crashed near Chaldovar, Kyrgyzstan.

Voss was assigned to the 93rd Air Refueling Squadron out of Fairchild Air Force Base, Washington.

The Captain was a graduate of the US Air Force Academy.