Volkswagen to Invest $108 Billion in Expansion
It is hard to believe that any company could invest over $100 billion in anything. It turns out that company is auto manufacturer Volkswagen.
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Douglas A. McIntyre
Americans Rate Postal Service Highest, VA Lowest
Among 13 federal agencies, the one with the most positive impression is the U.S. Postal Service, according to Gallup research.
iPhone 6 Outsells iPhone 6 Plus by Wide Margin
According to new research, people would rather have the traditionally sized iPhone 6 than the larger iPhone 6 Plus.
As Chrysler Sales Falter, It Launches New 300
The Chrysler brand needs a turnaround so it will not weigh so heavily on the results of the parent company. Management hopes this will come in the form of its new 300.
U.S. Attacks on Drone Use May Trigger Trouble for Amazon
The use of drones it could be severely restricted by a ruling set by the National Transportation Safety Board that drones may not fly unregulated.
Eurozone PMI Well Below Forecast — Markit
ThinkstockIn a sign that the recession that ravaged the eurozone continues to drag on its economy, its most recent Purchasing Managers Index (PMI), as measured by Markit, missed most expectations on the low side.…
Could Takata Go Bankrupt?
Takata faces huge fines, and almost certainly lawsuits, over its defective airbags. If Takata goes bankrupt, claims against the company would be in limbo.
Jaguar Launches New Car to Challenge Audi and Mercedes
Jaguar, hoping to become more mainstream, has released all-wheel drive cars of its own, like rivals BMW and Audi.
Will Cold Weather Damage Fourth-Quarter GDP?
Another snap of frigid weather has occurred over the past several days. As the holiday retail period begins, weather threatens GDP growth again.
GM Continues to Take a Beating in Europe Car Sales
Overall car sales in Europe continue to grow as the EU slowly emerges from its deep recession. But not for GM.
Seven CEOs Made More Than Their Companies Paid in Taxes
Seven CEOs among those who run the nation's 30 largest companies made more than their firms paid in federal income tax.
Toyota Launches Hydrogen-Powered Car
Toyota has launched a new fuel cell powered car called the Mirai. The vehicle refuels in a remarkably fast five minutes.
Is Japan’s Recession Good for America?
Is it possible that a recession in one of the world's largest economies can help another? Yes, at least in part.
Cadillac to Challenge Best German Performance Cars, Again
Cadillac has been bested year after year in sales by its larger Germany rivals, and its new models have received modest regard from most auto experts.
Tim Cook Could Run Apple Another 10 Years
There is no reason to believe the board at Apple will not prolong CEO Tim Cook's job at the top as long as he is doing it well.
Only 38 Shopping Days Until Christmas
Christmas is five weeks away. Based on the aggressiveness of retail promotions, it would seem the holiday is only days off.
Ford F-Series Sales Continue Lead Over Silverado and Ram
The new aluminum F-Series is probably the largest gamble Ford has made since it struggled to stay out of Chapter 11 when Chrysler and Ford went in.
Miami and LA, Least Affordable Housing Markets
They are at opposite ends of the country, but Miami and Los Angeles are the two least affordable housing markets in America.
Does J.C. Penney Need to Close 100 Stores?
J.C. Penney has more than 1,000 stores, and the retailer still loses money. So it stands to reason many locations are not profitable.
Video Games Can Make You Smarter
Research shows that playing video games can make people smarter -- at least as far as "multitasking" is concerned.