Reporting its sixth consecutive profitable quarter, General Motors today announced second quarter net income attributable to common stockholders of $2.5 billion, an increase of over 90 percent on Q2 of 2010.

Revenue for the quarter ended 30 June 2011 increased $6.2 billion to $39.4 billion, compared with the second quarter of 2010. Earnings before interest and tax (EBIT) adjusted was $3.0 billion compared with $2.0 billion in the second quarter of 2010. There were no special items in either period.

Valiant Investments has announced that it has invested a further US$50,000 into Trilith Resources.

Valiant said that the funds will be used by UK-based Trilith to acquire natural resource projects in Zambia and Tanzania, with a principle focus on gold and copper mineralisation.

UK-based Valiant has now invested a total of $150,000 (approximately €104,000) into Trilith.

A hot celebrity can get press coverage for a brand, product or fashion designer’s name. Here are four easy steps to red hot, red carpet product placement from Susan J. Ashbrook.

The elephant in the room is a global economy that’s too big NOT to fail. It’s about to go rogue and make localization a cutting-edge survival skill, says contemporary issues writer Ellen LaConte. We must start living more locally…before it’s too late.

Service recovery means doing whatever it takes to solve a customer’s problem—and doing it quickly, says John Tschohl.

Service recovery. Those two words can make the difference between success and failure. And yet most people in management positions don’t know what the term means, let alone how to use service recovery to establish a loyal customer base and increase sales.

Today’s enterprise application forecast: cloudy with a chance of transformation. Rob Prinzo is the weatherman.

Acquisition decisions and integration processes must evolve dramatically to be in tune with the markets and the competition of the twenty-first century, say David G. Hartman and George F. Brown, Jr.

After reporting strong profits for the half year ending 30 June, Swiss-based mining group Xstrata intends to expand its Canadian operations.

Operating profit rose 31 percent to $4.25 billion with the company’s cost reduction initiatives achieving $52 million of real unit cost savings.

In a separate announcement, Xstrata said it had approved two Xstrata Nickel projects totaling US$649 million as it continues its investment in growth options within its Canadian portfolio.

Saudi Arabia’s Kingdom Holding Company (KHC) has announced the signing of a contract to construct the country’s tallest building.

Construction of the Kingdom Tower, which will measure over 1,000 metres in height, will begin imminently in Jeddah, Saudi Arabia, the company said.

The building is set to be the centrepiece and the first construction phase of Kingdom City, Jeddah Economic Company’s new urban development of over 5.3 million square metres of land in North Jeddah, overlooking the Red Sea and Obhur Creek.

For many, achieving the American Dream means taking control of their destiny, quitting their 9 to 5, and opening the doors to their very own business. These brave entrepreneurial souls have shaped American enterprise, and today, they’re playing the very important role of helping to drive the nation’s economic recovery.