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GM CEO Auctions Off 1958 Corvette to Help Habitat for Humanity

Just 510 Chevy Corvettes painted in the the Royal Turquoise hue were manufactured in 1958 and it was Dan Akerson's childhood dream to own one. Today Akerson is the Chairman and CEO of General Motors -- which owns Chevrolet, still the maker of the Corvette. On Friday the CEO placed his beloved mint 1958 turquoise convertible on the auction block so he could give all the proceeds to Detroit's Habitat for Humanity.

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Chrysler Sales Up 30 Percent, Ford and GM Post Big Gains

U.S. auto sales remained an economic bright spot in May, with Chrysler reporting US sales up 30 percent. Meanwhile, a monthly survey of consumer confidence showed American sentiment at its highest level in four-and-a-half years, partly because gasoline prices have dropped.

Pepsi Free Vows to Go Fossil Fuel Free

The British branch of PepsiCo, the umbrella corporation that makes Tropicana, Quaker Oats, chips and soda, has made an ambitious promise to use 100 percent renewable energy by 2023. They're also shooting for zero landfill waste; packaging that is entirely renewable, recyclable, or compostable; and zero water intake at their main manufacturing sites.