Recapping the day's news and newsmakers through the lens of CNBC.
Who'd have thought 30 or 40 years ago that in 2013 we'd still be seeing stories about the "first woman to...."? But we are. General Motors today named Mary Barra as its first female CEO. Barra, 51, is a three-decade GM vet who already was the highest-ranking woman in the U.S. auto industry. She currently serves as executive vice president of global product development, and will take over Jan. 15 from Dan Akerson, who is leaving to be with his wife, who has cancer.
The government has just finished selling the last of its shares in the automaker, which is recovering nicely from its crisis a few years ago. Barra is known for pressing GM to stop making "crappy cars" and to streamline its product lines around the world.
"This is the beginning of what could be a big dividend cycle. GM has done so many right things. They have so much momentum around the globe and in the United States."—CNBC's Jim Cramer