Canada -- long considered a better nation than they United States because of its low violence rates, tolerance, spirit of equality and free health care -- is home to just ... Read Full Story »
JPMorgan has issued some very mixed analyst initiations this morning pertaining to the U.S. auto sector, which includes many of the key parts and systems providers in the group. Ford ... Read Full Story »
Specialty fiber maker Zoltek Companies Inc. (NASDAQ: ZOLT) has signed a deal with auto parts manufacturer Magna International Inc. (NYSE: MGA) to develop low-cost carbon fiber sheeting molding compounds for ... Read Full Story »
Last Friday, President Obama pointed to the improving labor market as a sign the economy is recovering. According to the jobs report released last week, companies hired more than ... Read Full Story »
GM has decided to keep its European operations, Opel and Vauxhall. Now, it has to figure out how to pay for them. Opel owes the German government over $1.3 billion ... Read Full Story »
The German government went to a great deal of trouble to finance a bid for Canadian parts firm Magna (NYSE:MGA) and a Russian financial group to buy GM's Opel and ... Read Full Story »
The German government got in trouble with EU regulators because it only offered $6.7 billion in aid to one of the bidders for GM's Opel unit. That bidder was Canadian car ... Read Full Story »
When GM"s board was mulling its options for its European operation including Opel, there were rumors that it might simply choose to keep the company and ride out the car ... Read Full Story »
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting.Reuters says that Congress challenged banks on how they would use bailout funds.Reuters reports that ... Read Full Story »