Money Minute: Delta, General Motors, WrigleyShow Video Details ↓ Mark Hamrick: AP Money Minute. General Motors says it should be able to put a portion of a $25 billion government loan package toward the development of the technology behind the plug-in Chevy Volt. CEO Rick Wagoner says many of the loan program's specifics must still be written by the energy department. But, GM says it can live with the version the house approved Wednesday. GM says technology for the Volt, a dual mode gas electric hybrid is also being expanded to include other GM models. Shareholders have given the go-ahead for Delta's purchase of northwest airlines. The deal still requires justice department approval. If completed, the new airline will operate under the Delta name and would be the biggest in the world in terms of traffic and biggest in the US in terms of annual revenue. Sweet deal. Shareholders of chewing gum maker Wrigley have approved the company's $23 billion sale to candy maker Mars, creating the world's largest confection maker. The sale bumps Britain's Cadberry from the position as the world's biggest candy company, though Wrigley Junior, the company's executive chairman, tells shareholders he expects the deal will be finalized October 6. I'm Mark Hamrick, with AP Money Minute. |