Verizon (NYSE: VZ) faces a strike of 45,000 of its workers. Members of the Communications Workers of America and the International Brotherhood of Electrical Workers walked out because Verizon wants sharp cuts…
Wall St. had its worst sell-off in two years (Reuters) Regulators have begun to tussle over interpretations of the Dodd-Frank financial reform bill (Reuters) LinkedIn (NYSE: LNK) posted strong earnings and a…
General Motors Company (NYSE: GM) is back. That is what the stream of headlines would indicate this morning after the company blew past earnings expectations with a big win. The auto-maker’s earnings…
Honda (NYSE: HMC) and Toyota (NYSE: TM) had horrible domestic sales in the U.S. in July, mostly because of parts shortages caused by the Japanese earthquake. GM (NYSE: GM) barely hit forecasts,…
Toyota (NYSE: TM) is supposed to be a company in trouble. BMW, on the other hand, is the car industry’s darling. But both raised their sales forecasts for the balance of the…
Last week’s announcement on new corporate average fuel economy rules, known as CAFE, got a lot of coverage for its headline number of average fleet mileage of 54.5 miles/gallon by 2025. The…
GM (NYSE: GM) was supposed to be one of the largest beneficiaries of the recovery of the US car market. It had been through a bankruptcy with federal government aid which helped…
In the absence of an agreement on a new US debt ceiling, the US government will stop paying its bills on Tuesday, August 4th, and, just like the rest of us, when…
Credit Suisse (NYSE: CS) cut 2,000 jobs as the bank’s results faltered (Reuters) Investors tried to move to safe investments as a default became more likely (Reuters) A new Boehner plan will…
Harley-Davidson, Inc. (NYSE: HOG) is not exactly a true economic indicator like you could claim against Ford Motor Co. (NYSE: F) or General Motors Corp. (NYSE: GM). What is interesting though is…
Short sellers often invest in stocks that have had sharp short-term gains and may have reached peak valuations. That would put Netflix (NASDAQ: NFLX) on most of those lists, along with Sirius…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
It makes sense for a car rental company to offer drivers insurance. The car does belong to the rental company. The idea that an auto manufacturer would offer free insurance makes less…
Douglas A. McIntyre June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales…
Nissan said it plans to have 8% of the global market for light trucks and cars by the end of 2016. The Japanese manufacturer did not mention that every other global car…
