General Motors Co. (NYSE: GM) is trying to get dwindle down its massive pension exposure.  The company announced that it is offering some select salaried retirees a lump-sum payment option.  It is...
Tesla Motors Inc. (NASDAQ: TSLA) reported first quarter 2016 earnings after markets closed on Wednesday. For the quarter, the electric car maker posted an adjusted diluted loss per share loss of...
Whether it comes from financial necessity or potential boredom, a fifth of Americans do not plan to retire, according to researchers for the Pew Charitable Trusts.
The Bipartisan Policy Center set up by former Senate Majority Leaders Howard Baker, Tom Daschle, Bob Dole and George Mitchell will offer a new plan to address the national deficit. It will be called...
Ally Financial Inc. is still planning to conduct its initial public offering.  A fresh amended filing from this morning shows that Ally plans to sell up to $100 million in common stock and/or up to...
John Tamny, RealClearMarkets During the dark days of the Great Depression, Treasury Secretary Henry Morgenthau relayed to President Roosevelt the details of a conversation he had with his son, Henry...
Liars and thieves have always been popular figures in America. Is there another country where  Billy the Kid and John Dillinger would be more well-known and highly regarded by the average citizen...
After the market closed yesterday, oil refiner Tesoro (NYSE:TSO) put up some solid good news. For the third quarter, Tesoro’s EPS hit $1.86 on net income of $259 million and revenues of $8.7...
GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one key issue, which is what happens to the company’s finances if it loses a great...
Call it a roadblock, or just an attempt to build a toll. The head of the UAW, who sits on the DaimlerChrysler (DCX) supervisory board, wants the company to cease and desist in its attempt to sell its...
April’s news headlines were dominated by the war in Ukraine, inflation – and Elon Musk’s bid to buy Twitter. The saga ended Monday, when Twitter accepted Musk’s buyout bid in a deal worth...
Exane BNP Paribas has upgraded its outlook for Prologis to Outperform.
ARK Invest is planning on launching a new Bitcoin ETF and here's everything you need to know about it.
If commodity prices do not improve, or if the economy gets worse again, then drastic and previously unthinkable measures could become necessary for Exxon Mobil, even the dreaded right-sizing of the...
Social media giant Facebook will be partnering up to broadcast Spain’s premier soccer league to South Asia.