ThinkstockGasoline and diesel fuel consumption in the United States has fallen in the past few years for a variety of reasons. High prices, improved fuel economy in new cars, fewer miles driven…
ThinkstockChina will lean on consumer spending to expand its economy. (Reuters) Facebook Inc. (NASDAQ: FB) faces more lawsuits over its initial public offering. (Reuters) The White House says it believes people should…
courtesy of General MotorsThere will be resistance from city officials, but the governor of Michigan, Rick Snyder, will appoint an emergency financial manager to run the virtually bankrupt city. He commented to…
courtesy of General MotorsFollowing the path set out earlier by Ford Motor Co. (NYSE: F) and Chrysler Group LLC, General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: TM) posted U.S.…
courtesy Ford Motor Co.February U.S. sales numbers are due out from most U.S. and foreign automakers today, and it looks like February was another good month for car sales. Chrysler Group, which…
ThinkstockThe public remains awed every time a U.S. car company adds even a few employees. Perhaps that is because so many tens of thousands lost jobs during the recession and bankruptcies of…
Douglas A. McIntyre ThinkstockEuropean Unemployment Rises Euro area unemployment rose again, a sign that austerity has not helped alleviate economic markets and likely has caused an erosion of jobs. According to Eurostat figures: The euro area (EA17) seasonally-adjusted unemployment…
courtesy of General MotorsIn December 2012, new car and light truck sales in the U.S. came in at a seasonally adjusted annual rate of about 15.4 million units sold. According to TrueCar.com,…
ThinkstockApple Inc. (NASDAQ: AAPL) aggressively moves into India, with discounts on the iPhone, to get a part of the huge market. (Reuters) Japan will spend $100 billion on infrastructure to boost its economy. (Reuters)…
courtesy of AOL, IncGermany’s low exports cause its gross domestic product to drop in the fourth quarter. (Reuters) United Continental Holdings Inc. (NYSE: UAL) will not fly the Boeing Co. (NYSE: BA)…
ThinkstockCanada — long considered a better nation than they United States because of its low violence rates, tolerance, spirit of equality and free health care — is home to just as many…
courtesy Ford Motor Co.The number of cars sold in Europe reached a historic low in January, and there is not a bit of evidence that the situation will improve soon. The storm…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of 2012, and…
Wikimedia CommonsGeneral Motors Co. (NYSE: GM) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the automaker posted diluted earnings per share (EPS) of $0.54 on revenues…
Paul Ausick 