It’s the end of an era in Detroit… At Wednesday’s General Motors (GM) shareholders meeting, the company threw its business strategy into reverse gear. GM will chuck its heavy dependence on the truck, and go green instead…giving its alternative hybrid-electric car the go-ahead.

Bear Stearns Shareholders Approve JPMorgan Sale; Sears Expects More Pain After Loss; Weak Economy Emboldening Costco; Pacific Rim GDP Growth; Staff Reduction at GM.