The Opel division of General Motors Co. (NYSE: GM) has been unprofitable for so long that the U.S. automaker has more than once considered shutting the operations down. Today, however, Opel lives…
The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters) HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters) Hewlett-Packard…
The rule proposed by the National Highway Transportation and Safety Administration (NHTSA) and the U.S. Environmental Protection Agency that would require automakers to achieve a miles-per-gallon average of 54.5 across their fleets…
Paul Ausick Updated throughout the day on the 24/7 Wall St. Wire: General Motors Co. (NYSE: GM) is close to a deal to cut worker hours at its German plants. (WSJ) Greece hopes that new…
Douglas A. McIntyre General Motors Co. (NYSE: GM) will recall more than 249,000 midsize sport utility vehicles to correct a potential fire hazard, according to the National Highway Traffic Safety Administration. In its filing with…
Trey Thoelcke Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
Facebook Inc. (NASDAQ: FB) is testing an advertising service that allows companies to place more promotional messages in the News Feeds of users, even if those members or their friends have not…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings showing that there have been some significant changes in the positions of the Berkshire…
General Motors Co. (NYSE: GM) may soon be much closer to Ally Financial again. An SEC Filing this morning shows that GM, via its wholly owned captive finance entity General Motors Financial…
Jon C. Ogg Ford Motor Co. (NYSE: F) is getting a positive review from Standard & Poor’s this Friday afternoon. The ratings agency has changed the outlook to Positive and has maintained Ford’s BB+ credit…
Chesapeake Energy Corp. (NYSE: CHK) sells assets to improve earnings. (Reuters) Standard Chartered may lose its New York banking license over allegations it hid $250 billion in transactions tied to Iran. (Reuters) Acer…
The venture capital arm of General Motors Co. (NYSE: GM) has invested an undisclosed amount in a Series C round of financing for lightweight steel maker NanoSteel Co. GM joins seven other…
Paul Ausick Dutch auto maker Spyker said Monday in a statement that it will sue General Motors Co. (NYSE: GM) for $3 billion on behalf of its subsidiary Saab. Spyker accuses the U.S. automaker…
Trey Thoelcke Subject: Eight Cheap Cars the Richest Americans Drive The wealthiest Americans are cheapskates, as least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…
