General Motors Co. (NYSE: GM) today issued a recall of more than 475,000 Chevrolet Cruze sedans to correct a problem that could lead to fires in the car’s engine compartment. The recall…
In the race for leadership in vehicle quality, American car companies have chased their Japanese rivals for two decades. Data from industry research firm JD Power show that U.S. manufacturers have started…
The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters) Spain may request more financial aid for its troubled banks. (Reuters)…
Jon OggToday’s announcement from The Procter & Gamble Co. (NYSE: PG) included a statement that the company expects to experience a negative impact on sales of -4% due to foreign exchange transactions.…
Huntington Asset Advisors has announced the launch of an actively managed exchange-traded fund via Huntington Strategy Shares called the Huntington EcoLogical Strategy Shares ETF (HECO). This is the first of two ETFs the firm…
The Federal Reserve may act to spur the faltering economy. (Reuters) The G20 backs aggressive actions to combat Europe’s financial problems. (Reuters) Microsoft (NASDAQ: MSFT) did not tell its PC customers, including…
Automaker Ford Motor Co. (NYSE: F) today released its annual sustainability report, claiming a 22% reduction in energy used to build cars over the past 6 years and a plan to cut…
General Motors (NYSE: GM)Â lost $747 million, before interest and taxes, in Europe in 2011 and has lost $15.6 billion since 1999, the last year GM made money in the region. The big…
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers like EnerSys…
China’s auto dealers are taking more deliveries of new cars than they can sell. Deliveries totaled 1.28 million vehicles in May, higher than the consensus estimate of 1.22 million and the third…
A rate cut in China prompts some economists to worry that May economic data will be weak. (Reuters) In the wake of its ratings downgrade by Fitch, Angela Merkel says that the…
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller…
The Bureau of Economic Analysis released its data on GDP growth by state for 2011. One of the trends the data show are that many of the states most badly hurt by…
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…
Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters) Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters) JP…
