U.S. rare earth minerals miner Molycorp Inc. (NYSE: MCP) announced after markets closed today that it had begun production at its Project Phoenix concentrate facilities in Mountain Pass, California. The company’s president/CEO…
Paul Ausick As a challenge to wisdom that the economy has slowed to a halt, U.S. car sales are expected to reach a four-and-a-half year high when August numbers are released. According to J.D. Power,…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
Asian stocks were mixed as China moved to alleviate a cash crunch and ahead of U.S. reports that are expected to show the world’s biggest economy is improving. China’s Shanghai Composite Index…
U.S. stocks are set to open higher, resuming gains following Friday’s upbeat July jobs report. No major economic reports are due on Monday. Tyson Foods Inc. (NYSE: TSN) and Chesapeake Energy Corp.…
Subject: Eight Cheap Cars the Richest Americans Drive The wealthiest Americans are cheapskates, as least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.…
Toyota Motor Corp. (NYSE: TM) made a lot of money last quarter, at about the same time that Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) were battered by problems…
The wealthiest Americans are cheapskates, at least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich. 24/7 Wall St. asked auto trends research firm…
It seems like years since Toyota Motor Corp. (NYSE: TM) had a series of recalls of millions of cars, which forced CEO Akia Toyoda to appear before Congress to defend the safety…
Douglas A. McIntyre The European Central Bank’s members will meet against the backdrop of a pledge by President Mario Draghi to help the finances of the region through the purchase of the sovereign debt of the eurozone’s most…
Douglas A. McIntyre San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp.…
New car sales for July in the US have slowed from the solid growth pace of the first six months of the year. General Motors Co. (NYSE: GM) reported sales down by…
BMW continues to invest in people and technology, even in the face of trouble in its home market of Europe and concerns that the balance of the world’s large economies may have…
GM (NYSE: GM) fired Joel Ewanick, its chief of global marketing. The car company said he “failed to meet expectations the company has for its employees”. The Wall Street Journal reported that…
Industry analysts Baum & Associates have released data on fuel efficiency for new passenger vehicles entering the U.S. in the first half of 2012. The firm found that from January to June…
