Federal officials may consider cuts in food stamp programs that serve 46 million people. (Reuters) Housing prices probably continued to fall in July. (Reuters) Toyota (NYSE: TM) and Ford (NYSE: F) to…
Two of the world’s largest car makers have announced a development project that could lead to a gasoline/electric hybrid drive train for light trucks and SUVs by the end of the decade.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Agrium Inc. (NYSE: AGU) Cut to Underperform at BofA/ML. Intrepid Potash,…
General Motors (NYSE: GM) will build a Cadillac fueled by electricity. And it will be added to a long line of new electric-powered models that are unlikely to have many buyers. The…
China became the largest car and light truck market in the world when it passed the U.S. two years ago. This has prompted all of the big auto manufacturers to quicken their…
Chrysler has tried to rebuild its image under the management of Italian car company Fiat. The number three U.S. manufacturer even makes money. The issue that continues to nag the firm is…
Saab is one of the major brands that will go under this year. Once owned by GM (NYSE: GM), it has not been able to find financial backers to take it forward.…
Wall St. had its worst sell-off in two years (Reuters) Regulators have begun to tussle over interpretations of the Dodd-Frank financial reform bill (Reuters) LinkedIn (NYSE: LNK) posted strong earnings and a…
Honda (NYSE: HMC) and Toyota (NYSE: TM) had horrible domestic sales in the U.S. in July, mostly because of parts shortages caused by the Japanese earthquake. GM (NYSE: GM) barely hit forecasts,…
Toyota (NYSE: TM) is supposed to be a company in trouble. BMW, on the other hand, is the car industry’s darling. But both raised their sales forecasts for the balance of the…
The House approved a debt-ceiling compromise (Reuters) Fake Ikea stores have been set up in China (Reuters) Central Falls, RI declared Chapter 9 (Reuters) Canalys says Google’s (NASDAQ: GOOG) Android has 50%…
Last week’s announcement on new corporate average fuel economy rules, known as CAFE, got a lot of coverage for its headline number of average fleet mileage of 54.5 miles/gallon by 2025. The…
GM (NYSE: GM) was supposed to be one of the largest beneficiaries of the recovery of the US car market. It had been through a bankruptcy with federal government aid which helped…
In the absence of an agreement on a new US debt ceiling, the US government will stop paying its bills on Tuesday, August 4th, and, just like the rest of us, when…
Chrysler is no longer an American-controlled company. Fiat bought the last stake owned by the U.S. government and now has 53% of the equity in the No.3 U.S. car firm. Taxpayers did…
