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 Following the lead of Chrysler, which reported a year-over-year gain of 14% in August sales, Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both posted impressive U.S. sales gains…
U.S. sales in August topped 148,000 units at Chrysler, the company’s highest total in five years, the carmaker reported today. Sales of the company’s light trucks came in at more than 25,000,…
Hyundai has just settled a long and bitter strike with its auto workers. Lufthansa cabin crews have just disrupted its flight schedule. Talks between AMR’s American Airlines and pilots might scuttle “merger” talks with US Airways Group…
Douglas A. McIntyre Samsung will review 250 suppliers for labor violations. (Reuters) Oracle Corp. (NASDAQ: ORCL) will ask a court to review copyright damages against SAP A.G. (NYSE: SAP). (Reuters) Ericsson (NASDAQ: ERIC) is likely…
Moody’s cuts its growth forecast for emerging economies. (MarketWatch) Antony Jenkins, who runs Barclays PLC’s (NYSE: BCS) retail business, is made chief executive. (Reuters) Samsung launches new Microsoft Corp. (NASDAQ: MSFT) Windows-based…
In 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for August put new light vehicle sales at…
China’s official PMI hits a nine-month low in August. (Reuters) WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters) General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five…
