Admitting that it had overestimated both the market for all-electric vehicles (EVs) and the ability of battery makers to meet consumer requirements, Toyota Motor Corp. (NYSE: TM) announced this morning that it…
Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters) Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung,…
The three large American auto firms have to hope that their negotiations with the United Auto Workers will be as easy as the ones they have had with the Canadian Auto Workers. The…
iPhone 5 Sales Forecasts The launch of the Apple Inc. (NASDAQ: AAPL) iPhone 5 began in Asia and has moved toward the United States, where it will be available for sale today. The…
The management of one more car company says it expects huge sales improvements over the next few years. There is hardly a large manufacturer that has not forecast double-digit growth or better in roughly that…
Alan Mulally, CEO of Ford Motor Co. (NYSE: F), said today that he has no plans to leave the automaker any time soon: “My plan is to continue to serve as the…
Paul Ausick Chinese companies cut costs for items like safety features to bring down production costs. (Reuters) Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours.…
Tepid demand in Europe and declining sales in China will stymie growth in the global auto industry in 2013, according to new report from Moody’s. Global demand growth estimates have been cut…
If there is one chief executive who deserves significant accolades in the U.S. auto sector, it is Alan Mulally of Ford Motor Co. (NYSE: F). Now the public is going to have…
Three pieces of news came out of the auto industry recently. The first involves the decision of the Canadian Auto Workers union to target Ford Motor Co. (NYSE: F) in its negotiations over…
A government investigation into J.P. Morgan Chase & Co. (NYSE: JPM) focuses on whether its monitoring of illicit money transactions was adequate. (Reuters) The U.S. will initiate a case at the WTOÂ against…
Updated throughout the day on the 24/7 Wall St. Wire: Ford Motor Co.’s (NYSE: F) board will soon pick Mark Fields to replace Alan Mulally as CEO later this year or next. (WSJ)…
We tracked the short interest in the following NYSE most actively traded stocks: Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE: BAC), Advanced Micro Devices Inc. (NYSE: AMD), American International Group…
At the end of August, automaker General Motors Co. (NYSE: GM) reached a deal with the German government allowing the company to go to a short-time schedule, which cut workers’ hours but…
Mark Zuckerberg makes a rare public appearance and expresses disappointment about Facebook Inc. (NASDAQ: FB) shares but says that the company will push forward in mobile. (Reuters) Apple Inc.’s (NASDAQ: AAPL) share…
