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.…
GM’s management has done a lot to badly cripple the company recently. Now, with its stock price down at least in part because of poor management decisions, GM wants the government to…
Douglas A. McIntyre 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…
Updated throughout the day on the 24/7 Wall St. Wire: General Electric Co. (NYSE: GE) has retained Morgan Stanley (NYSE: MS) to review its $2.2 billion investment in Thailand-based Bank of Ayudhya. (Reuters)…
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 WTO against…
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…
The Federal Reserve likely will release plans for a stimulus package after members meet today. (Reuters) EADS and BAE hold merger talks. (Reuters) Apple Inc.’s (NASDAQ: AAPL) iPhone 5 may have more…
A JP Morgan Chase & Co. (NYSE: JPM) analyst speculated that sales of the new Apple Inc. (NASDAQ: AAPL) iPhone 5 could add “between 0.25% and 0.5% to annualized economic growth in the fourth quarter.”…
A look at the headlines across Reuters, the Wall Street Journal, Bloomberg, the Financial Times and the New York Times business section shows that all cover the same major stories in much the…
George Soros says Germany should back the European Union or leave it. (Reuters) The new Apple Inc. (NASDAQ: AAPL) iPhone could boast fourth-quarter gross domestic product by 0.5%, according to a J.P. Morgan Chase…
General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters) China…
General Motors Co. (NYSE: GM) has lost$16 billion on its Opel/Vauxhall division in the last dozen years, and the company may lose even more in the next dozen according to an analyst…
Paul Ausick The municipal government of Guangzhou will use lotteries to lower the number of cars in the city, according to the New York Times. It is the third largest city in the People’s…
Douglas A. McIntyre 
