Ed whitacre

DETROIT - In a signal moment for the turnaround of the American auto industry, General Motors is edging toward a public stock sale, and its profits are now solid enough that the demanding CEO will step aside, saying his work is done.

DETROIT - GM's board and CEO Fritz Henderson parted ways Tuesday, the board upset that the automaker was changing too slowly and Henderson frustrated with second-guessing, two people close to Henderson said.

DETROIT - General Motors Co. CEO Frederick "Fritz" Henderson stepped down Tuesday after the board determined that the company wasn't changing quickly enough.

Insurers stop selling new child-only health plans INDIANAPOLIS (AP) - Several health insurers say they will stop selling new child-only individual insurance policies as they face a health care reform provision that will prevent them from excluding children with potentially costly pre-existing conditions.