ThinkstockCar sales in Europe dropped 10.2% in March, according to the European Automotive Manufacturers’ Association (ACEA). The news not only shows how unlikely it is local car companies can rebound during the…
ThinkstockWells Fargo & Co. (NYSE: WFC) cuts the number of outside investment managers that its brokers can offer to clients. (Reuters) Thermo Fisher Scientific Inc. (NYSE: TMO) is likely to pay $13…
Wikimedia CommonsIf losses totaling more than $16 billion over the past dozen or so years are not so bad, General Motors Co. (NYSE: GM) apparently thinks adding another $5.2 billion to the…
Paul Ausick courtesy of General MotorsThe press made a great deal of noise about General Motors Co.’s (NYSE: GM) decision to test Facebook Inc. (NASDAQ: FB) as an advertising medium. When the car company…
courtesy of Facebook Inc.The FBI begins review of the relationship between a KPMG partner and Herbalife Ltd. (NYSE: HLF). (Reuters) Problems with lithium ion batteries hurt the growth of companies that make…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) announced that its Focus was the best-selling car in the world last year, at least based on data from research firm Polk. What Ford…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertChina’s Mild Inflation China released inflation data for March, and the numbers received mixed reviews. One set of analysts believes that a lack of…
courtesy Ford Motor Co.Hybrid car sales totaled 46,327 vehicles in March, with Toyota Motor Corp. (NYSE: TM) grabbing just over 68% of the total, with sales of more than 31,512 Toyota and…
courtesy of General MotorsNew car sales at General Motors Co. (NYSE: GM) rose 6% year-over-year in March to a total of 245,950 vehicles. That is up 10% from the 224,314 vehicles the…
courtesy of AOL, IncGlencore says it will delay its deal to buy Xstrata while China reviews the marriage. (Reuters) NASDAQ OMX Group Inc. (NASDAQ: NDAQ) buys eSpeed for $750 million. (Reuters) Apple…
ThinkstockCities may start to use bankruptcy as a tool to skirt obligations the way that airlines have for decades and car companies have done more recently. As AMR, the parent of American…
Douglas A. McIntyre ThinkstockChina has alienated U.S. companies and the federal government by what is clearly the hacking of American-based websites from inside the borders of the People’s Republic. The exact location of the hacking…
ThinkstockFor journalists and commentators who have nothing better to do, at least to attract readers, some have come up with the notion that the United States is something like Cyprus in several…
Douglas A. McIntyre ThinkstockThe issue of early warnings from companies that know their quarterly earnings are poor may be more an ethical than a legal one. The guess that is so is based on the number of public corporations that…
ThinkstockRoyal Dutch Shell PLC (NYSE: RDS-A) must face an investigation over its drilling activities in Alaska. (Reuters) Chesapeake Energy Corp.’s (NYSE: CHK) CEO search will go beyond a deadline set for the…
