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MADISON, WI (WTAQ) - In an unusual move, the Wisconsin Assembly passed the proposed two-year state budget without much of a debate. The abrupt vote was 55-42. Minority Democrats did not offer any amendments. Minority Leader Peter Barca says it became clear Republicans were not open to changing the $70 billion spending package. Included in the budget, is the statewide expansion of the school choice program – along with a $650 million income tax cut, a refusal to take new federal Medic...
MILAN (Reuters) - Italian carmaker Fiat
In July Fiat exercised its option for a first tranche of around 3.3 percent of Chrysler from the VEBA fund.
Fiat said it estimated the net amount to be paid for the purchase of this second tranche is $198 million.
The group said the Chancery Court of Delaware is expected to decide over the price for the transaction in the next months.
(Reporting by Antonella Ciancio)
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