A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes…
Tony Bennett may have left his heart in San Francisco. Twitter may swipe everything else. Officials in San Francisco last week approved a 6-year exemption from what the San Francisco Chronicle dubbed…
Douglas A. McIntyre GM (NYSE: GM) workers will probably get about $3,000 in profit-sharing for 2010. The reward would cover 53,000 union members who are also hourly workers. The program is part of a plan…
Toyota Motor (NYSE: TM) posted mediocre results for its fiscal third quarter which ended on December 31, and the nine months which ended on the same day. The world’s largest car company…
Regulators will push to keep Wall St. firms from side stepping regulations on financial firm pay. (Reuters) Toyota Motor’s (NYSE: TM) fiscal third quarter profits fell but it increased it forecast for…
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) may file…
US domestic vehicle sales reached a a 27-year low in 2009 when only 10.4 million units were sold. The figure for 2005 was 16.94 million, a period of unusual prosperity. In other…
Companies locked in a struggle to remain viable and maintain their profits and sales sometimes begin to run out of customers. This happened to GM (NYSE: GM), which had a 50% share…
Americans are used to being No.1 in nearly all the world’s businesses, and athletic endeavors. The foundation of that certainly began to erode in the 1970’s, when much of America’s manufacturing industry…
Toyota Motor (NYSE: TM) announced that it will recall 1.7 million cars, most of them in Japan. The vehicles may suffer from fuel leaks. The new recall can be added to another…
Obama called for a spending freeze for some government discretionary spending. (Reuters) The Federal Reserve will probably stick to it plans to buy bonds and noted economic improvement. (Reuters) Toyota Motor (NYSE:…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
GM (NYSE: GM) is supposed to be a badly crippled giant. Toyota (NYSE: TM) is the global car company with the most efficient manufacturing plants, the highest quality cars and the strongest…
The heads of several major investment banks attempted to sell their services of an AIG (NYSE: AIG) plan to pay off money it owes taxpayers (Reuters) Forecasts from Intel (NASDAQ: INTC) helped…
