NPR Story
12:25 am
Tue June 4, 2013

Business News

Originally published on Tue June 4, 2013 3:10 am

Transcript

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

NPR's business news starts with GM's continued revival.

Four years after being kicked out of the Standard & Poor's 500, General Motors returns to the index this week. The Detroit automaker will rejoin both the S&P 100 and 500 indices this Thursday after the stock market closes. GM replaces H.J. Heinz, which will no longer be a publicly traded company.

GM's return is seen as another sign of its financial turnaround since emerging from a 2009 bankruptcy with the help of an almost $50 billion government bailout. Transcript provided by NPR, Copyright NPR.

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