ThinkstockHurricanes, floods, heat waves and snow storms. Any can be powerful enough or widespread enough to actually chip a piece of U.S. GDP improvement in a given quarter. With two-thirds of the nation wracked…
Google has lined up powerful allies as part of its push into the world of auto software. The new Open Automotive Alliance was launched Monday and includes Audi, GM, Honda, Hyundai and Nvidia.
Ford edged past Toyota and Honda in 2013 in terms of sales in China, helped by redesigned cars and the ongoing effects of a territorial dispute between China and Japan. It still lags sales…
ThinkstockThe NBA season is now well under way, and some teams are much bigger revenue generators than others. These teams drive up TV ratings when they play, and tickets at their arenas are among…
courtesy of Sirius XM RadioSirius XM Radio Inc. (NASDAQ: SIRI) is now in-play under mergers and acquisitions. The virtual parent Liberty Media Corp. (NASDAQ: LMCA), under John Malone, has offered to buyout Sirius XM…
ThinkstockAutomaker General Motors Co. (NYSE: GM) has confirmed its layoff of more than 1,000 employees at its Brazilian operations in Sao Jose dos Campos in Sao Paulo state. The layoff has been in the…
courtesy of Sirius XM RadioIn a deal that may not be good enough to resist, Liberty Media Corp. (NASDAQ: LMCA) has offered to buyout shareholders of Sirius XM Radio Inc. (NASDAQ: SIRI) in a…
courtesy J.C. Penney Co. Inc.Investors in retailer stocks already know two things about holiday results. The first is that, over the past month of 2013, the rising tide of the stock market helped lift…
ThinkstockThe dollar value of global merger & acquisition (M&A) transactions in the oil & gas industry plunged by nearly 50% in 2013 from a record high level in 2012. The transaction count fell by…
Boeing Co.By a margin of 51% to 49%, union employees of The Boeing Co. (NYSE: BA) have approved a new contract that will keep production of the company’s new 777X aircraft and wing in…
thinkstockJanuary 3, 2014: Markets opened higher on Friday following yesterday’s sell-off. Gains and losses were modest throughout the trading day, with the three major indexes not moving far in either direction from the flat…
Thinkstock As Americans across the country rang in the new year, many were unaware that, at midnight, more than 50 different tax breaks expired. According to the Tax Foundation, among them were credits for everything…
ThinkstockAfter reporting a 10% increase in passenger revenues for the month of December on Friday morning, Delta Air Lines Co. (NYSE: DAL) raised its estimate for the company’s fourth quarter operating margin from 5.5%…
Sales prices of automobiles rose by more than $1,000 month-over-month in November. However, sales prices declined $159 when compared with December 2012 prices.
Automakers reported December U.S. sales Friday morning. Two of the companies projected 2013 sales to reach an annual rate of less than 16 million new vehicles sold in 2013, a drop from last month's…